Stock Market LIVE Updates: GIFT Nifty signals lower open for India markets; Most global mkts closed

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Stock Market LIVE Updates: GIFT Nifty signals lower open for India markets; Most global mkts closed - Business Standard

Quick Summary:

The dollar index, which measures the greenback against other major currencies, is up 6.6 per cent on the year after surging 7.3 per cent in the fourth quarter, its biggest quarterly jump since the first quarter of 2015.

Stock Market LIVE Updates: Despite a near 10 per cent pullback from their peak, the domestic equity markets secured their ninth consecutive annual gain in 2024.

Stock markets in Germany, Italy and Switzerland were closed on Tuesday, while those in the UK, Spain and France had a half-day trading session. The benchmark US 10-year note yield added 2.8 basis points at 4.573 per cent, reversing an earlier decline but staying above the 4.5 per cent mark that many analysts see as problematic for equities.