
stockaxis
February 25, 2025 at 03:52 AM
*Market Commentary Feburary 25, 2025*
➡️Benchmark indices extended their fall for a fifth session in a row on February 24, taking the Nifty 50 to the lowest level in last eight months, led by selling in IT, Realty and Telecom shares.
➡️The Nasdaq Composite fell more than 1% on Monday, with big technology stocks creating the biggest drag as investors worried about demand for technology supporting artificial intelligence while they waited for results from market heavyweight Nvidia.
➡️Asian stocks started on a risk-off mood Tuesday after US President Donald Trump's move to curb Chinese investments and proceed with tariffs on Canada and Mexico prompted investors to trim positions.
➡️The GIFT Nifty is a trading flat, indicating a muted start for the day