Market Pulse: Key triggers to watch before the November 12 trading session
Detailed summary
Indian markets will track October CPI inflation and September IIP data, along with Q2 earnings from HAL, Grasim, Eicher Motors and Apollo Tyres. Crude oil prices, developments in the US-Iran conflict, Wall Street gains and US existing home sales data will also remain in focus.
US Markets | Wall Street traded higher on Wednesday, with the Nasdaq Composite leading gains as it climbed 1.6%. The S&P 500 rose nearly 1%, while the Dow Jones Industrial Average edged up 45 points, or 0.1%. The rally was supported by a sharp rise in CoreWeave and a recovery in Nvidia after the chipmaker recorded losses in the previous two sessions. Crude oil | Oil climbed after a two-day decline, as traders weighed mixed signals on the prospects for a conclusion to the Iran war. While US President Donald Trump has said further strikes on Iran wouldn’t be necessary, regional flare-ups have persisted, and peace talks have shown little progress.
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