The Dow Jones and S&P 500 closed lower on Monday following record highs, attributed to rising Treasury yields and investor caution over high valuations. Major companies like Tesla and Coca-Cola are set to report earnings. The technology sector saw gains, while rates-sensitive sectors declined.
Gold holds steady after record-setting rally (22-10-2024)
Gold prices held steady after hitting a record high amid tensions in the Middle East and the upcoming U.S. presidential election. Spot gold edged up 0.1% to $2,723.06 per ounce. Other metals like silver, platinum, and palladium saw slight rises. Traders predict a high chance of a Federal Reserve rate cut in November.
Oil prices trim Middle East war risk-gains, China demand remains a worry (22-10-2024)
Oil prices fell on Tuesday as demand in China slowed and the U.S. pushed for a ceasefire in the Middle East. Brent and WTI crude futures saw slight declines. Market dynamics are influenced by China’s economic measures and ongoing geopolitical tensions in the Middle East.
Sensex Today | Stock Market LIVE Updates: GIFT Nifty up 15 points; Asian shares decline (22-10-2024)
Market Today: Hyundai India IPO listing; RBI says festive demand intact (22-10-2024)
On Wall Street, both the Dow Jones Industrial Average and S&P 500 closed lower, retreating from record highs as Treasury yields increased.
Indiamart Intermesh – Indian Alibaba? (22-10-2024)
The CEO interview was very underwhelming and did not exude confidence at all!
Nifty Fin Services, PSU Bank: Check support, resistance & other key levels (22-10-2024)
The Nifty Financial Services Index has recently shown a positive breakout from its consolidation phase, with a strong close above 23,911.
GIFT Nifty up 15 points; here’s the trading setup for today’s session (22-10-2024)
The underlying trend of Nifty remains weak amidst range movement. Having failed to sustain the recent upside bounce, the market could revisit the lower range of 24,600-24,500 levels in the near term. Immediate resistance is at 25,000 levels, said Nagaraj Shetti of HDFC Securities.
Stock Market Live Updates: Stock to sell today: KPR Mill (₹922): SELL (22-10-2024)
Sensex, Nifty, Share Prices LIVE: The short-term outlook for KPR Mill is bearish. The stock has been falling for about a week now. The downtrend is intact. Strong resistance is in the broad ₹930-₹940 region. Any rise from current levels will find fresh sellers coming into the market at higher levels. The price action in the last two trading days also indicates that sellers are capping the upside on every bounce.