Indian markets saw a positive trend as US indices, S&P 500 and Nasdaq, hit record highs. Intel shares surged, driving semiconductor stocks higher. Hopes for peace talks between the US and Iran also fueled optimism. Investors are now keenly awaiting the Federal Reserve meeting for clues on interest rates. Strong corporate earnings are supporting the market.
Oil and data centre stocks sink after US midterms
Following the US midterm election outcomes, significant shifts have been noted, influencing both oil prices and Asian stock markets. This week, Brent crude futures plummeted