
stockaxis
February 17, 2025 at 03:41 AM
*Market Commentary February 17, 2025*
➡️Indian stocks declined for the eighth consecutive session, marking their longest losing streak since February 2023, as sentiment weakened amid global uncertainties and domestic risk aversion.
➡️Wall Street stocks ended mixed on Friday, with Nvidia climbing and Microsoft dipping, while Treasury yields declined a day after U.S. President Donald Trump unveiled reciprocal tariff plans but stopped short of imposing new ones.
➡️Asia share markets were becalmed by a Wall Street holiday on Monday while the dollar nursed losses suffered after a weak U.S. retail sales report rekindled wagers for two rate cuts this year.
➡️The GIFT Nifty is a trading firm, indicating a positive start for the day.