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Wall Street indices closed lower on Monday as investors braced for a key inflation report expected later this week. The S&P 500 declined by 0.61%, while the Nasdaq fell by 0.62%, driven by weakness in technology stocks, including Nvidia, a leading player in AI. Nvidia shares dropped following news of an antitrust investigation by Chinese regulators over suspected violations of anti-monopoly laws. In contrast, most Asian markets traded in positive territory after China’s leadership indicated plans for more substantial economic stimulus in the coming year. Beijing announced intentions for more proactive fiscal measures and a moderately looser monetary policy to revive domestic consumption and support economic growth. The Indian benchmark indices are expected to open on a muted note, reflecting mixed global cues. The GIFT Nifty is trading flat, signaling a subdued start. On the corporate front, Tata Power disclosed plans to invest Rs. 1.2 lakh crore in Rajasthan’s renewable energy sector, focusing on initiatives such as rooftop solar installations and electric vehicle charging infrastructure. This investment aims to position Rajasthan as a power-surplus state through significant energy-related advancements.

The Wall Street indices, the S&P 500 and Nasdaq, traded in the positive territory, rising 0.25% and 0.8%, respectively, as investors increased bets on a potential interest rate cut this month following November payroll data reflecting strong job growth. The indices were further buoyed by optimistic earnings forecasts from companies such as Lululemon Athletica and Ulta Beauty. Meanwhile, most Asia–Pacific markets traded lower on Monday amid dampened risk sentiment due to political upheaval in South Korea and anticipation of fresh stimulus measures from Beijing. Indian benchmark indices are expected to open on a muted note, as idicated by the GIFT Nifty trading flat. In stock-specific news, JSW Energy’s subsidiary secured a letter of award from NTPC for a 400 MW ISTS-connected solar power project through tariff-based competitive bidding, enhancing its total generation capacity, which currently stands at 19.6 GW.

On Thursday, US benchmark equity indexes retreated from Wednesday’s record closing levels as investor parsed the latest labour market data ahead of the official jobs report for November. Investors reacted to comments from Department of Labour that weekly applications for unemployment insurance in the US rose, while continuing claims declined. Whereas, Asian stocks opened mixed as political ructions in South Korea.  Moreover, Hong Kong stock market bouncing back from a weak session the prior day amid optimism that China’s central bank will deliver more monetary easing next year to spur growth and combat deflation. Considering the global market cues, the Indian benchmarks will likely have a positive start, extending a five-session winning streak, with the Sensex and Nifty closing at near two-month highs, with investors anticipating some form of policy easing from RBI after a sharp slowdown in economic growth. Indian investors increasingly believe the RBI will ease policy by lowering banks’ cash reserve ratio (CRR), which had sparked the rally in financials. On a stock-specific note, Canara Bank will be in focus as Canara Bank gets RBI’s approval to divest stake in Canara Robeco Asset Management and Canara HSBC Life Insurance through an initial public offering.

On Wednesday, Wall Street’s main indexes advanced, with the S&P 500 and Nasdaq reaching record highs, driven by gains in technology stocks. Investors reacted to comments from U.S. Federal Reserve Chair Jerome Powell, who stated that the economy is stronger than the central bank had anticipated in September. Whereas, Asian stocks open mixed today as a  ofter read on U.S. services data boosted investor confidence in the Federal Reserve lowering interest rates. Further, Hong Kong stock market is under pressure as investor are nervous about the effects of political instability in South Korea and France. Considering the global market cues, the Indian benchmarks will likely have a muted start, extending a four-session winning streak, as investors await the Reserve Bank of India’s (RBI) rate decision on Friday. On a stock-specific note, Indus Towers will be focused as the British telecom company Vodafone will sell a 3% stake in Indus Towers to clear its debt of Rs.856 crores, and use the residual amount to pay outstanding dues of its Indian venture, Vodafone Idea.

On Tuesday, the S&P 500 and Nasdaq eked out record closing highs, with tech-related shares extending recent gains as investors awaited further jobs data. Investors will also pay close attention to Friday’s U.S. monthly employment report. Asian stocks opened mixed today as investors reacted to the recent political turmoil in South Korea, where martial law was briefly declared and then lifted within hours. Further, Japan’s index is down as investors remained focused on the outlook for monetary policy, with speculation that the Bank of Japan may raise interest rates later this month. Considering the global market cues, the Indian benchmarks will likely have a steady start, extending a three-session winning streak, while focus will remain on the domestic central bank’s interest rate decision later in the week. On a stock-specific note, Reliance Power will be focused as the company has announced that Solar Energy Corporation of India Limited (SECI) has immediately withdrawn its debarment notice. As a result of this, Reliance Power and its subsidiaries, Reliance NU BESS Limited, are eligible to participate in all tenders issued by SECI.

On Monday, the S&P 500 and the Nasdaq Composite closed at all-time highs as markets assessed manufacturing sector data for November and remarks by Federal Reserve officials. On the Asiatic front, Asian stocks began positively today, buoyed by a strong performance in the tech sector after Wall Street reached record highs overnight. The dollar traded close to a six-week low against the yen as traders considered the outlook for interest rates in both the United States and Japan. However, Chinese stocks faced some challenges, with Hong Kong’s Hang Seng Index declining slightly and mainland blue-chip stocks also dropping. Considering the global market cues, the Indian benchmarks will likely have a muted start. Technology companies earning substantial revenue from the U.S. will be in focus after data indicated improving manufacturing activity in the world’s largest economy. On a stock-specific note, Solar Industries India will be in focus as the company and its subsidiary have received export orders worth Rs. 2,039 Crores for Supply of Defence Products, to be delivered over a period of 4 years.

Global stock markets rallied on Friday, with Wall Street crowning November with its biggest monthly gain in a year on post-election growth hopes. The advance was on account of the rebound in technology stocks.  On the Asian front, indices edged higher after US shares rose Friday as global markets entered a seasonally strong period. Meanwhile, Hang Seng was seen to be under pressure after registering its biggest gains five weeks earlier. Considering the global market cues, the Indian benchmarks are likely to have a subdued start, influenced by the GDP data released on Friday. On a stock-specific note, Aster DM Healthcare and Blackstone—and TPG-backed Quality Care India Ltd. will merge through a share-swap agreement to become India’s number three hospital operator.

The US bourses were closed on Thursday on account of Thanksgiving. On the Asian front, both Nikkei and Hang Seng were seen to slump. The decline in Japan’s frontline index was likely on the back of the strengthening yen, increasing the pressure on the export-focused economy. Meanwhile, Hong Kong stocks continued to remain on track for a second consecutive monthly decline. The markets were likely weighed by the disappointment in China’s fiscal stimulus package and fresh tariff prospects from the Trump administration. The Indian benchmarks are expected to make a muted start yet again, driven by a lack of triggers in the market. On the stock-specific front, RIL’s subsidiary has entered into a stock purchase agreement with Wavetech Helium and acquired 21% of stakes in the company.