IGI Logo

Market Review

US:

Wall Street's major indexes closed lower on Friday, and investors left technology for other sectors as Broadcom and Oracle fueled concerns about an AI bubble and rising U.S. Treasury yields added pressure.

Asia:

Asian stocks opened lower in the final full trading week of 2025, as growing doubts about the earnings outlook for technology companies and the scale of their spending on AI weighed on risk appetite.

India:

Indian benchmark indices staged a sharp rebound for the second straight session on Friday, lifted by strong global cues, though the week still ended in the red. Market is expected to open on a negative note and likely to witness negative move during the day.

Global economy:

The U.S. Supreme Court’s conservative justices appear ready to endorse President Donald Trump’s power to fire a regulatory agency official despite job protections given by Congress. But they have signaled reluctance to give him similar authority over the Federal Reserve in a major case set to be argued next month.

The strategic rivalry between the US and China is increasingly framed as a twenty first century Cold War, yet the contest differs sharply from the superpower standoff that defined the twentieth century. TD Cowen says the competition now runs through supply chains, technology and economic interdependence rather than sealed ideological blocs.

Many of China’s newly merged small banks have seen profits fall and capital buffers shrink over the past year, testing Beijing’s record consolidation drive designed to avert risks in its $8 trillion small banking sector. China’s bank consolidation has accelerated, with at least 350 banking licences cancelled in 2025 as of November, up from 198 in 2024.

Commodities:

Oil prices rose on Monday, recouping part of last week's 4% slide, as concerns over potential disruptions from escalating U.S.-Venezuela tensions outweighed lingering oversupply worries and the effects of a potential Russia-Ukraine peace deal.

Gold rose on Monday, supported by softer U.S. Treasury yields, while silver steadied after a record-setting spree last week.

Currency:

The dollar was nursing losses on Monday while the euro and sterling held steady ahead of their respective central bank decisions this week, with focus squarely on the rate outlooks across major economies as the new year approaches.

Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH00000176