Good Morning !! Market mood very volatile, Global | Kk
Good Morning !!
Market mood very volatile, Global cues neutral, Crude trades around 71.1
Cues for Today
Global Market update
- Dow Jones down 652 pts - Nasdaq down 245 pts - Hang Seng up 308 pts - Dow Fut up 148 pts
India's September quarter GDP expands 8.4% YoY; GVA at 8.5%. The gross domestic product (GPD) growth for the second quarter of the current fiscal is at 8.4%, marking the fourth consecutive quarter of expansion, as per govt data. In Q2 FY21, the Indian economy contracted by 7.4%.
Powell signals support for quicker ‘taper’ of Fed’s bond-buying scheme. US central bank chair strikes more hawkish tone while acknowledging risk of Omicron variant.
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