Indian markets are experiencing a strong rally, sparking optimism. Technical indicators suggest a possible shift in momentum. Experts believe a short-term bottom may have formed, creating favorable risk-reward for buyers. Banking stocks are also showing strength. While real estate has seen gains, its long-term outlook remains uncertain. The market appears poised for further upside in the near term.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.