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.
Upcoming Trading Sessions:
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