Market Savera

Market Savera

Update: 2024-08-28
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U.S. stocks were higher after the close on Tuesday, as gains in the Financials, Technology and Telecoms sectors led shares higher. The S&P 500 ended higher on Tuesday and the Dow Jones notched a record-high close ahead of a much-anticipated quarterly report from Nvidia on Wednesday and economic data expected later in the week that could give clues about the path of interest rate cuts.

US consumer confidence rose to a six-month high in August as more upbeat views of the economy and inflation offset waning optimism about the labor market. The Conference Board's consumer confidence index increased to 103.3 this month, the highest level since February, from an upwardly revised 101.9 in July.

Awfis Space Solutions signs largest managed aggregation deal of 3 lakh square feet with Nyati Group

Zee enters into settlement agreement with Sony India; terminates $10 bn deal’

Bharti Airtel partners with Apple to offer exclusive access to Apple TV+ content and Apple Music in India.

Stocks in Asia traded mildly lower following a sluggish day on Wall Street, as investors prepared for a slew of earnings that will set the tone for risk assets.

Nifty ended on a flat note on August 26 after a small 99.5 point range day. At close, Nifty was up 0.03% or 7.2 points at 25017. Nifty could now take support from 24850 while 25130 could offer resistance.


Indian markets could open flat to mildly lower, in line with mostly lower Asian markets today and despite positive US markets on Aug 27

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Market Savera

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