stockaxis
February 28, 2025 at 03:33 AM
*Market Commentary February 28, 2025*
➡️Indian equity indices ended with no change in the muted session on February 27 (F&O expiry day). At close, the Sensex was up 10.31 points or 0.01 percent at 74,612.43, and the Nifty was down 2.50 points or 0.01 percent at 22,545.05.
➡️The S&P 500 and Nasdaq ended sharply lower on Thursday, weighed down by a slump in chipmaker Nvidia after its quarterly report failed to rekindle Wall Street's AI rally, while investors focused on data pointing to a cooling U.S. economy.
➡️Asian equities fell Friday after heavy selling on Wall Street as traders grappled with underwhelming Nvidia Corp. results, further details on US tariffs and mixed economic data.
➡️The GIFT Nifty is trading flat, indicating a muted opening for the day.
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