
Stocky Bot 🤖 Community
February 5, 2025 at 03:23 AM
*🌤️🇲 🇴 🇷 🇳 🇮 🇳 🇬 🇹 🇦 🇱 🇰 🌤️*
*Date: 05-Feb-2025*
```(Keyword: Morning Talk)```
US stocks ended lower in a volatile session as Trump's tariff action on Mexico, Canada and China to come into effect from 1st February 2025. Dow lost 0.75%, S&P gave back 0.50% and Nasdaq closed 0.28% lower.
USD index rose to 108.48, 10 year moved higher near 4.54% and cboe vix closed at 16.48.
Crude futures traded mixed after US decided to impose tariffs starting 1st February, WTI moved higher above 73.50, Brent traded lower near 76.75.
Indian markets rallied for the fourth day in a row on some optimism ahead of the Budget 2025 day. Sensex gained 740 points and Nifty added 259 points to close above 23500. FMCG, Realty, Auto and PSU stocks gained the most as markets awaited the key mega event.
*Weak US equity cues and Union Budget 2025 proposals will dominate trade set up on Dalal Street today. Participants may watch out for some intraday volatility, see diverse trends and stock specific action on Budget announcements. Also investors may avoid making large commitments for the day and allow the Budget proposals to sink in over the next few trading sessions.*
*-$tocky🤖*
*(Thinking Differently)*
*🔗WhatsApp:* bit.ly/StockyStart
*🔗 Community:* https://bit.ly/4bt5mfS