• Market Savera - 19/06/2024

  • Jun 19 2024
  • Duración: 2 m
  • Podcast

Market Savera - 19/06/2024

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  • U.S. stocks finished higher on Tuesday as the S&P 500 and the Nasdaq Composite posted fresh records ahead of the Juneteenth holiday on Wednesday. Nvidia Corp.'s stock surged 3.5%, with the company reaching a valuation of nearly $3.34 trillion. The AI chipmaker was the most valuable U.S. company by market capitalization as of Tuesday afternoon, overtaking megacap tech players Microsoft Corp. and Apple Inc. Fitch Ratings revised India's growth forecast for the ongoing financial year from 7% projected in March to 7.2%. In its latest global economic outlook report released on Tuesday, the agency attributed this upward revision to elevated consumer confidence boosting spending levels and a rise in investments across sectors. Asian equities rose Wednesday after a rise in chipmakers drove US stocks to yet another record-breaking session on Wall Street. Coal India exploring lithium assets in Argentina with U.S. company Ami Organics launches QIP with floor price of Rs 1,228, aims to raise Rs 500 crore. Radico Khaitan to launch Rampur Asava Indian Single Malt Whisky in India Nifty saw another day of records as it extended gains to the fourth session on June 18. At close, Nifty was up 0.39% or 92.3 points at 23557.9. Nifty is yet to show any reversal signal. Nifty could stay in the 23334-23690 band for the near term. Indian markets could open higher, in line with mostly positive Asian markets today and higher US markets on June 18
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