This week has seen tremendous movement in both global and domestic markets. Precious metals have made history, while technology stocks have recorded record gains in US markets. Meanwhile, the results season in India begins today, culminating with the results of IT giant TCS. Let’s take a look at all the major market triggers that will decide the direction of the market.
Gift Nifty and Nikkei rise
Gift Nifty is trading slightly higher around 25,150. Dow futures are sluggish at the moment, but Nikkei is seen gaining 600 points. Chinese markets will also reopen today after a week’s holiday, which is expected to further accelerate Asian trends.
Boom in US markets: Nasdaq and S&P at new highs
Thanks to tech stocks, Nasdaq jumped 250 points and crossed 23,000 for the first time. The S&P 500 also hit an all-time high, while the Dow Jones Industrial Average closed down a modest one point, falling 200 points from its intraday high. Investors’ enthusiasm is increasing due to signs of slowdown in the US economy and better results of technology companies, due to which the investor sentiment is currently positive.
Federal Reserve minutes report: Two more interest rate cuts expected by the end of the year
The Federal Reserve’s minutes report provided an important signal. 10 out of 19 members voted in favor of two more interest rate cuts this year. This means that the interest rate cut cycle in the US could now resume rapidly, which will support both stocks and gold.
Silver breaks record, crosses ₹1.5 lakh for the first time
Silver prices witnessed a sharp rise, crossing ₹150,000 for the first time. Gold prices also continued to rise—reaching an all-time high of ₹123,450. Similar trends were seen in the international market also. Gold crossed its all-time high of $4,080 an ounce. Silver also surprised investors by crossing $49 after 14 years. This surge in precious metals is believed to be linked to geopolitical uncertainty, weakness of the dollar index and expectations of a possible cut in interest rates by the Fed.
Trump’s big announcement: First phase of Israel-Hamas peace deal
Taking a historic step, US President Donald Trump announced the first phase of a peace agreement between Israel and Hamas. He said both sides have signed a peace agreement. This news created a positive environment in the global market.
American lawmakers wrote a letter to Trump demanding reduction in tariffs.
Nineteen American MPs have written a letter to Trump expressing their opposition to imposing 50% tariff on India. He says that high tariffs are impacting American consumers and manufacturers, hence there is a need to improve relations with India. This news may provide some relief on the business front.
FII-DII data: Buying of domestic funds continues
Foreign investors (FIIs) made short purchases of ₹81 crore yesterday, but made net sales of ₹2,184 crore. In contrast, domestic funds (DIIs) bought ₹330 crore and remained net buyers for the 31st consecutive day. Domestic institutional support limited the market’s losses.
Results season starts from today, all eyes on TCS
The results season is starting from today in India. TCS will release its results for the second quarter of FY 2026 after market close. Tata Elxsi will also release F&O segment results. Analysts believe that this time the results of the IT sector may be mixed, but the atmosphere will remain positive due to festive demand and increase in digital transactions.
