IGI Logo

Published on 20-11-2025 10:31 am

Global Debt Market:

The 10-year Treasury yield held steady Wednesday as markets braced for data on the October trade balance and a backlog of delayed economic releases that could shape the Federal Reserve’s December rate decision. The yield on the 10-year Treasury moved less than 1 basis point lower to 4.117%. The 2-year note yield was relatively flat at 3.573% and the 30-year bond yield was also little changed at about 4.74%. Last week, U.S. President Donald Trump signed a funding measure that ended the longest government shutdown in the nation’s history. The most closely watched economic data release will be September’s nonfarm payrolls, set for release by the Bureau of Labor Statistics on Thursday, the first major report delayed by the shutdown. Fed Governor Christopher Waller on Monday underscored the importance of labor-market conditions in supporting another rate cut in December, saying he is unconcerned about accelerating inflation or rising inflation expectations. Investors will also monitor Thursday’s Federal Open Market Committee minutes for further insight into potential December policy moves.

Click Here : https://tinyurl.com/ycxd7n59

Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081

Published on 20-11-2025 10:30 am

Government Security Market:

* The Inter-bank call money rate traded in the range of 4.85%- 5.45% on Wednesday ended at 5.00%.

* The 10 year benchmark (6.48% GS 2035) closed at 6.4884% on Wednesday Vs 6.4842% on Tuesday .

Click Here : https://tinyurl.com/ycxd7n59

Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081

Published on 20-11-2025 10:29 am

BANKNIFTY SPOT: 59216.05 (0.54%)

TRADING ZONE:

Resistance: 59500 (Pivot Level) / 59800 (Key Resistance) Support: 58700 (Pivot Level) / 58300 (Key Support)

VIEW: Bullish Till Above 58300 (Key Support)

Click Here : https://tinyurl.com/ycxd7n59

Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081

Published on 20-11-2025 10:29 am

Key Highlights:

NIFTY SPOT: 26052.65 (0.55%)

TRADING ZONE:

Resistance: 26150 (Pivot Level) and 26300 (Key Resistance). Support: 25900 (Pivot Level) and 25800 (Key Support).

BROADER MARKET: Inline

MIDCAP 150: 60949.05 (0.21%), SMALLCAP 250: 18075.95 (-0.43%)

VIEW: Bullish Till Above 25800 (Key Support).

Click Here : https://tinyurl.com/ycxd7n59

Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081

Published on 20-11-2025 10:28 am

Global News

* Deep Fed Divide Pushes December Rate Cut Into Doubt: The latest Fed minutes reveal a sharply divided central bank: officials cut rates despite concerns about entrenching inflation, damaging credibility, and weakening commitment to the 2% target, leading markets to assign only a 25% chance to a December cut. The split is deepened by missing jobs and inflation data due to the government shutdown, complicating Powell’s balancing act between rising inflation risks and potential labor-market cooling. The October decision saw a 10–2 split with opposing dissents, and the minutes outline three camps for December those wanting a cut, those open to cuts later, and many opposed supporting Powell’s stance that another move is not assured. Markets reacted mildly, and Trump criticized Powell again, while the Fed appears set for a cautious, wait-and-watch approach in December.

Click Here : https://tinyurl.com/ycxd7n59

Please refer disclaimer at https://web.geplcapital.com/term-disclaimerSEBI Registration number is INH000000081