Stocky Bot 🤖 Community
Stocky Bot 🤖 Community
February 10, 2025 at 02:43 AM
*🌤️🇲 🇴 🇷 🇳 🇮 🇳 🇬 🇹 🇦 🇱 🇰 🌤️* *Date: 10-Feb-2025* ```(Keyword: Morning Talk)``` US stocks closed lower after consumer sentiments showed a sharp increase in inflation expectations that may ultimately lead to a FED pause on rate cuts. Dow lost 0.99%, S&P gave back 0.95% and Nasdaq closed 1.36% lower. USD index moved higher above 108, 10 year too saw a jump towards 4.50% and cboe vix closed above 16.50. Crude futures saw a minor rebound but still closed lower for the third week in a row. WTI moved above 71, Brent near 74.70. Indian markets ended lower amidst volatility as RBI policy failed to lift sentiments on Dalal Street. The new RBI governor met market expectations by cutting rates by 25bps, RBI cut rates after a gap of 5 years but failed to take steps to boost liquidity that led to market disappointment. Sensex fell 198 points and Nifty closed 43 points dragged down by PSU Banks, Financials and FMCG names. Metal stocks bucked the trend gaining almost 2.50%. *Weak Wall Street cues and worries over global rate cut cycle may lead to some more volatility in markets when Dalal Street opens for trade on Monday. Participants may continue to look out for opportunities outside index and focus on stock specific moves. With most of the market moving news out of way the focus now may shift to stock specific fundamentals for medium to long term.* *-$tocky🤖* *(Thinking Differently)* *🔗WhatsApp:* bit.ly/StockyStart

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