The Dow Jones Industrial Average crossed the 50,000 mark. Chipmakers like Nvidia surged as tech giants Amazon and Alphabet announced significant investments in AI infrastructure. This spending is expected to boost AI data center development. Software companies also saw gains, recovering from recent dips. The market showed a shift with investors diversifying away from tech.
Nifty holds uptrend after volatile week but faces consolidation near highs
Nifty ended a volatile, event-driven week with gains, holding above key moving averages. The broader trend remains positive, but consolidation persists near resistance, suggesting selective,