2 hrs ago

Indian Markets End Four-Day Slide as Fed Fears Ease

Indian Markets End Four-Day Slide as Fed Fears Ease
Markets snap four-day losing streak as Fed rate hike fears ease · thehindubusinessline.com

Indian stock markets recovered slightly on Friday after falling for four days.

Investors felt less worried that the US Federal Reserve would raise interest rates soon.

Comments from Fed Governor Christopher Waller helped improve confidence.

Weaker-than-expected US jobs data also supported markets.

The Nifty and Sensex both finished higher for the day.

However, both indexes still ended the week lower.

Some industries, such as metals and financial services, performed well, while technology and healthcare stocks fell.

Investors will next watch US inflation data, crude oil prices and tensions in West Asia.

Key facts

Nifty 50 close
23,897.70, up 0.10% on Friday
Sensex close
76,515.43, up 0.48% on Friday
Weekly Nifty performance
Down 1.15%
Q1FY27 real GDP growth
7.8%, supported by exports and investment growth
Rupee
Closed near ₹94.50 per US dollar and appreciated nearly 1% during the week
Brent crude
Rose 0.3% to approximately $95.4 per barrel
Upcoming IPOs
Eleven mainboard IPOs are scheduled to open the following week, seeking more than ₹7,000 crore

Quotes

Siddhartha Khemka

Market analyst at Motilal Oswal Financial Services

“Crude prices and developments in the West Asian conflict remain key risks, while investors will track global rate expectations and domestic liquidity”
thehindubusinessline.com
“Indian equities witnessed a relief rally as concerns over an imminent US Fed rate hike eased”
thehindubusinessline.com

Sources

Related news