Stock market
The Indian stock markets were closed diving on the last trading day. The market’s major index Sensex fell by 543 points to close at 82,184.17. 24 out of 30 Sensex were in red mark. But after the market was closed, a free trade deal was signed between India and the US. Let us understand which 5 factors will be on the last business day of the week, who will decide the market move.
American stock market
The US stock market was mixed, where S&P 500 and Nasdaq closed at record highs. At the same time, the results of the second quarter of Google’s original company Alphabet raised hope for the rest of the legendary companies. Dow Jones Industrial Average fell 0.70% to 44,693.91, while S&P 500 rose 0.07% to close at 6,363.35. Nasdaq rose 0.18% to close at 21,057.96. Whereas, alphabet shares increased by 0.88%, NVDia shares 1.73%, Microsoft’s shares, 0.99%, advanced micro devices shares increased by 2.19%, while Amazon’s shares recorded an increase of 1.73%.
India-UK Free Trade Agreement
The impact of the free trade agreement between India and the UK can be clearly seen on the Indian stock market today. Due to this deal, trade between the two countries will increase the trade of $ 34 billion annually between the two countries. The positive effect of this trade deal can be seen on the Indian market today.
Asian Market
The impact of the current trades related to the current trade was mixed on Wall Street overnight. At the same time, when we talk about Asian markets, there was a decline there. Japan’s Nikkei 225 0.41% and topics fell 0.55%. South Korea’s cospie came down 0.1% and Kosdac 0.48%. Hong Kong’s Hong Seng Index futures have indicated a weak start.
The news is being updated…