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Market Savera - 22/11/2024
Manage episode 458184580 series 3628935
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U.S. stocks closed higher Thursday, with the blue-chip Dow Jones Industrial Average leading the gains for the three major equity indexes. Optimism around year-end, especially around consumers fueling another crucial holiday-shopping season, helped lift stocks, as did strong earnings from AI-darling Nvidia Corp.
Natural-gas futures rallied Thursday to trade 18% higher this week so far, and almost at a year high buoyed by forecasts for colder U.S. weather, recent Russia-Ukraine escalation and risks of attacks on energy infrastructure stoked fears of disruptions to gas flows.
Tata Power, ADB ink pact for $4.25 bn finance for key energy projects
Hyundai Motor targets 100% renewable energy by 2025, to set up two renewable energy plants.
NAM India acquired commercial office premises at Lower Parel for a consideration of Rs 486 crore.
Asian equities mostly rose Friday following gains on Wall Street
Indian stock indices experienced a significant decline on Nov 21, pressured by bribery charges against Gautam Adani, which weakened already fragile investor sentiment amid unfavourable global conditions. Nifty finally ended the day with the losses of 169 points or 0.72% at 23349.90 levels. Support for the Nifty is seen in the band of 23150-23200, while immediate resistance is seen at 23500.
Indian markets could open mildly higher, in line with mostly higher Asian markets today and positive US markets on Nov 21
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