Global Market: Good signs are being seen for Indian markets. A slight rise is being seen in Gift Nifty. The short position of FIIs in the index has come down to below one lakh. Crude fell below $72, while the US market saw a good rise yesterday. The Dow Jones is trading up 300 points.
Yesterday American markets closed with a rise. The S&P 500 and Nasdaq rose ahead of results from major technology comp.es. The market is being affected by the easing of geopolitical tensions. The market is witnessing a bullish trend due to the falling price of crude oil. The energy sector performed better yesterday.
UBS in US market
Investors do not want to take any new risks before the elections. Investors want to keep risks low before the elections.
Who will be the President of America?
Donald Trump gave objectionable statement. is an offensive statement made about black Americans. An objectionable statement has been made in Joe Rogan’s podcast. Joe Biden votes early in Delaware. Biden called Trump’s rally remarks “disgraceful.”
Ford’s Q3 results
Results appear to be under pressure due to Ford’s downgrade in guidance. The company expects a decline in EBIT.
Asian market
Mixed business is being seen in Asian markets today. A gain of 34.00 points is being seen in GIFT Nifty. At the same time, Nikkei is seen around 38,819.51 with a gain of about 0.55 percent. Whereas Straits Times is showing a weakness of 0.27 percent. Taiwan markets are trading at 22,744.37 with a decline of 1.78 percent. While Hang Seng is seen at the level of 20,855.50 with a gain of 1.24 percent. At the same time, Kospi is trading down 0.20 percent. At the same time, Shanghai Composite is seen with a gain of 0.20 percent at 3,328.90.