Bullish market expected ahead: Tech surge propels S&P 500 to two-year high

In a significant market development, a surge in tech shares played a pivotal role in propelling the S&P 500 to its first record high close in two years, solidifying a bullish trend. Concurrently, European stocks faced weekly declines, with expectations for central bank interest rate cuts diminishing.

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Saturday will be a full regular trading session on January 20 (Saturday), operating from 9:15 am to 3:30 pm. However, it’s important to note that Indian equity markets are scheduled to remain closed on January 22 (Monday). 

The recent upswing fueled by technology in the S&P 500, alongside the weekly market shifts in European stocks are expected to drive the Indian stock market towards a bullish trend ahead