Stock Market Today: U.S.-China Trade Talks in Spotlight
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The Nifty is entering mid-week trading in anticipation of gaining for the sixth day running, having gained over 600 points over the week gone by. The index did enter a range over the last two sessions,
Sensex dipped 53.49 points while Nifty ended flat on Tuesday, as profit booking in financial stocks outweighed gains from U.S.-China trade optimism and RBI support, despite selective buying in IT and pharma sectors.
Nifty futures on the NSE International Exchange traded 21.90 points, or 0.09 per cent, higher at 25,182.50, hinting at a flat start for the domestic market on Wednesday.
Futures on Wall Street are sulking this morning despite both US and China reaching a broad consensus to implement the Geneva trade agreement that both countries had arrived on last month. The Dow futures are down 110 points,
U.S. equities were mostly edging higher at midday with the market watching for developments in U.S.-China trade negotiations.
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Gift Nifty was trading around 25,245 level, a premium of nearly 63 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
A huge frontloading wave this spring was credited with helping U.S. corporations put up solid first-quarter corporate earnings, while also giving businesses and households a buffe
Exports from China to the U.S. plummeted last month, but that wasn't having much of an impact on the stock market. Investors were instead zeroing in on talks in London that they hope will yield a longer-term trade truce between the world's two largest economies.