stockaxis
February 19, 2025 at 03:37 AM
*Market Commentary February 19, 2025*
➡️Benchmark indices ended marginally lower after yet another volatile session that saw Sensex fall by 29.47 points or 0.04 percent to 75,967.39, and the Nifty 50 lower by 14.20 points or 0.06 percent at 22,945.30, on February 18.
➡️The S&P 500 squeaked past its previous record closing high on Tuesday at the top of a holiday-shortened week, with earnings season winding down, US Federal Reserve minutes on tap, and geopolitical uncertainties churning in the background.
➡️Asian equities fluctuated in early trade as the threat of a broader global trade war and geopolitical uncertainty outweighed a rally in chipmakers that drove the S&P 500 to a record.
➡️The GIFT Nifty is a trading marginally higher, indicating a flat to positive start for the day.