Mahindra & Mahindra Stock Expectation: Nomura India expects the Thar lineup of SUVs to sell around 10,000 units per month by the financial year 2026. They think this number could be even higher.
Read MoreMahindra & Mahindra Stock Expectation | Thar Roxx Growth , Expected Sale till FY27
Market Update, On Sunday evening, the stock market futures for the Dow Jones, S&P 500, and Nasdaq will start trading. These are contracts that predict how the stock market might open on Monday. Investors are paying close attention to a big speech by Jerome Powell, the head of the Federal Reserve, which is scheduled to happen at the Jackson Hole conference
Read MoreMarket Update: Strong Gains in Stock Indexes, Key ETF Performances, and Anticipated Fed Speech Impact | Aug 17, 2024
Jefferies Financial Group predicts that Nvidia will perform very well in July and continue to show strong results and forecasts for October. They expect Nvidia to exceed expectations by about $1 billion in both its financial results and future guidance.
Read MoreJefferies Financial Group, 5 Key Insight: Nvidia’s Stock Soars Amidst Chip Delays and Analyst Optimism
Private jet flights fell by 15% in the first half of this year compared to the peak in 2022. There were 610,000 private jet flights in the first six months of 2024, down from 645,000 last year and 716,000 in 2022.
Read MorePrivate Jet Flights Plunge 15%: Industry Faces Correction After Post-Covid Boom
Nvidia: The stock was up 0.5% in the morning. It had a strong performance the day before, gaining 4.1% and recovering an important level called the 50-day line. This is a key level to watch because if Nvidia stays above it, it might be a good time to buy more shares. If it drops below this level, the stock might weaken.
Read MoreUS Stock Market Snapshot: Dow Jones Futures Down 0.1%, Nvidia Up 4.1%, Tesla Jumps 6.3% in Latest Trading
The Nifty 50 index recently broke above the 24,500 level after being stuck in a range of 400-500 points for a while.
Read MoreStock Trading: Nifty Surges Above 24,500: Key Levels to Watch and Market Trends for the Week
On August 16, the Indian stock markets had a great day. Both major indices, the Sensex and the Nifty 50, went up significantly. This happened because investors felt relieved about the US economy's situation. Recent data from the US showed that inflation and job numbers were improving, which suggested the US might avoid a recession. Plus, there are expectations that the US Federal Reserve might lower interest rates soon, which also helped boost investor confidence.
Read More5 Key Takeaways: Indian Stock Markets Surge as US Economic Fears EaseThe company announced that it will keep supplying electricity to Bangladesh. The Indian government recently changed some rules about exporting power. These new rules don’t change Adani Power’s current contract with Bangladesh.
Read MoreStocks to Watch today : Adani Power , Defence Stocks , Ola Electric and More ; Aug 16, 2024Stock Performance: On the first trading day, the stock jumped by 16% and was priced at ₹128.30 per share in the early morning
Read MoreOla Electric Stock jumped by 16% , Each share now costs ₹128.30The US dollar was close to its highest level against the Japanese yen in two weeks.
Read MoreUS Dollar Gains Ground Against Japanese Yen, Treasury Yields Surge; Oil Prices Dip Despite Weekly GainsNasdaq: It rose by more than 2% after new retail sales data for July came out.
Read MoreUS Stock Market Soars: Nasdaq Gains 2% and Major Stocks Surge Following Robust Retail Sales DataIndian Stock Market: On Friday, Asian stock markets went up because Wall Street had a strong day the previous night, thanks to positive economic news
Read MoreIndian Stock Market Opening: Asian Markets Surge, Gift Nifty at 24,320 , Japan Nikkei and More
