📌Bonds rallied, US stock futures rose, and the dollar eased after Scott Bessent's appointment as US Treasury secretary, with investors viewing him as a "safe hands" candidate who would support markets. 📌The 10-year Treasury futures rose 13 ticks, S&P 500 futures gained 0.4%, and the dollar weakened against major currencies. 📌Australia's share market touched a record high.
Open Flip📌HDFC Bank is in the final stages of assigning a Rs 12,372 cr car loan portfolio. 📌Zomato will replace JSW Steel in BSE Sensex as part of index reconstitution. 📌RVNL has received a LoA from Eastern Railway for an infrastructure project involving bridge construction & railway track laying. 📌VST Industries completed sale of an immovable property in Hyderabad to ViNS Bioproducts and others.
Open Flip📌GIFT Nifty on the NSE IX traded higher by 468.50 pts signaling that D-Street was headed for gap-up start on Mon. 📌Wall Street closed higher on Fri, with all three major indexes posting weekly gains. 📌S&P 500 futures rose 0.4% as of 9:05 a.m. Tokyo time 📌Hang Seng futures were little changed 📌Japan’s Topix rose 0.9% 📌Australia’s S&P/ASX 200 rose 0.6% 📌Euro Stoxx 50 futures rose 0.6%
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