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Market Radar 30.01.2025 Global Markets Indices %Chg Asian stocks faced challenges in gaining traction on Thursday as investors considered the Federal Reserve's decision to pause interest rate hikes and reviewed earnings reports from major US tech companies. The Gift Nifty suggests a flat opening.

US & EUROPE

The US markets declined on Wednesday after the Federal Reserve kept interest rates steady in its first policy decision of the year, while Nvidia saw a drop following a robust session. Meanwhile, European markets ended higher on Wednesday as regional investors focused on a series of corporate earnings reports.

COMMODITIES

Oil prices declined on Wednesday, with the U.S. benchmark reaching its lowest level of the year, following a larger-than-anticipated increase in domestic crude inventories in the world's leading petroleum producer and consumer. Meanwhile, gold prices dipped on Wednesday as the dollar and bond yields rose after the U.S. Federal Reserve maintained steady interest rates, as widely expected, offering limited guidance on the timing of future rate reductions.

Fed holds rates an anticipated

• Events today: EA GDP growth rate, ECB interest rate decision, US GDP growth rate/ initial & jobless claims, ECB monetary policy meeting.

• Exchange debut: CLN Energy (SME)

• Ex-Date: Balkrishna Industries, Coforge, Housing & Urban Development Corporation, Siemens (Dividend)

• Earnings today: Maruti Suzuki India, Tata Motors, Bajaj Finance, Adani Power, Ambuja Cements.

• GR Infraprojects has emerged as the L-1 bidder for a project worth Rs 262.3 crore from Western Railways.

• Afcons Infra has received the Letter of Award for a project worth Rs 1,283 crore from Hindustan Gateway Container Terminal Kandla.

Nifty Outlook

Volatility remained the dominant theme yesterday on anticipated lines. However, the firm close above 23128 encourages us to play for upsides aiming 23485. Alternatively, slippage past 23050 could expose 22886, but a collapse is less expected today.

Market Yesterday

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