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Showing posts from December 22, 2024

Today's stock market: Nifty 50 trade setup for international markets; five equities to purchase or sell on Thursday, December 26, 2024

 Today's Stock Market: The Benchmark Nifty 50 Index's short-term trend remains sluggish, and there are no indications that any significant bottom reversals are developing at the lows. According to analysts, immediate resistance is situated between 23900 and 24000 levels.  Stock Market Today: Following Monday's recovery, the benchmark Nifty'50 index closed Tuesday at 23,727.65, down 0.11%, indicating that market volatility is still there. At 78,472.87, the S&P BSE Sensex finished with comparable losses. At 51,233.00, the Bank Nifty closed 0.16% down. While metal, IT, and other sectors continued to face pressure, the FMCG and auto index saw a minor increase. Additionally, broader indices ended flat and continued to fluctuate. Wider indexes closed close to the flatline and stayed quiet. Despite the market holiday on Wednesday, the tendency is probably going to stay cautious going forward.  Thursday's trade setup  There are no indications that any significant bottom...

Holiday on the stock market: Will the BSE and NSE be closed on December 25, 2024, for Christmas?

  Stock market holidays:The Indian stock exchanges, BSE and NSE, will be closed for trading on Wednesday, December 25, 2024, on account of Christmas.  This will mark the last stock market holiday of 2024. Most global markets, including the UK, the US, and Europe, will also be shut tomorrow. The National Stock Exchange (NSE) and the BSE will have no trading or settlement in stocks, derivatives, and securities lending and borrowing (SLB) segments on Wednesday. That apart, the currency, and commodity markets, too, will be closed tomorrow.  On December 26, 2024, Thursday, trade will restart. Due to Mahashivratri, the next Indian market holiday is scheduled for February 26, 2025. Hours of trading on the stock market Weekday hours for the Indian stock market are 9:15 AM to 3:30 PM, Monday through Friday.  On typical trading days, there is also a pre-open session from 9:00 AM to 9:15 AM. On Saturdays and Sundays the market is closed.  On Christmas, will the commodities...

Apple is on the verge of achieving a monumental $4 trillion market valuation, driven by investor optimism surrounding the company's advancements in artificial intelligence.

Investor enthusiasm for Apple's advancements in artificially intelligent systems is driving the company to a record $4 trillion market valuation.  With a notable 16% increase in share price since early November, Apple's market value has grown by around $500 billion.  Then comes this value boom. This remarkable increase reflects a new wave of iPhone upgrades and investors' enthusiasm for Apple's AI initiatives.  This positive prognosis is explained by Tom Forte, an analyst at Maxim Group who maintains a "hold" recommendation on Apple's stock, who believes AI will lead to a "super cycle" of iPhone advancements.  Apple's market capitalization, estimated at $3.85 trillion, is currently greater than the total value of the major German and Swiss stock markets.