The U.K.`s gross domestic product fell at an annualized rate of 1.4% - Nirmal Bang Ltd
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Market Review
US: US stocks edged up on Thursday after more than expected fall in retail sales.
Asia: Asian stocks opened higher on Friday, following the positive trend on Wall Street, despite the worse-than-expected U.S. retail sales data.
India: In a day marked with choppy trading, Indian benchmark indices climbed sharply near the end of the trading session to end higher. Market is expected to open on a positive note and likely to witness range bound move during the day
Global Economy: Japan has slipped to the world’s fourth-largest economy as government data released on January 15 showed it fell behind the size of Germany's in 2023. The numbers highlight how the Japanese economy has gradually lost its competitiveness and productivity while the population shrinks as Japanese people age and have fewer children. In the U.K., the economy shrank for the second consecutive quarter, the shorthand definition of a recession. The U.K.’s gross domestic product fell at an annualized rate of 1.4% in the final three months of 2023, compared with a 3.3% increase in the U.S. over the same period.
Commodities: Gold prices were set for their second straight weekly drop on Friday after surprisingly hot U.S. consumer prices led traders to reassess their rate-cut hopes, although bullion recouped some of the losses following a slump in consumer spending.
Oil prices meandered on Friday as investors pondered slowing demand forecast by an influential group and weak U.S. retail sales data that sparked optimism about U.S. interest rate cuts
Currency: The dollar was steady on Friday, on track for its fifth straight weekly gain, as investors take stock of economic data and firm expectations of the Federal Reserve cutting rates in June, while the yen traded at the psychologically key 150 per dollar level.
Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH000001766
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v89_Wex0B3E.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Zomato07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Piyush Goyal07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v38_zDiylqc.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Prashant Thakur ANAROCK Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v152_BhgJWbe.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
Indian benchmarks settled at fresh closing highs on Wednesday by Nirmal Bang Ltd
![Nifty has an immediate resistance placed at 24370 and on a decisive close above expect a rise to 24440-24500 levels by Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![Index is likely to open on a gap up note today and is likely to remain positive during the day by Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![Nifty has an immediate resistance placed at 24270 and on a decisive close above expect a rise to 24340-24400 levels by Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
Daily Market Analysis : Market traded volatile on Friday but managed to end in the green ami...
![Daily Market Analysis : Nifty has finally surpassed the 23,600 hurdle after two weeks of consolidation, reaching a new record high Says Mr. Ajit Mishra, Religare Broking Ltd](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
![The Markets are expected to open marginally higher today as trend in GIFT nifty indicate a positive start - ARETE Securities](https://portfolio.investmentguruindia.com//uploads/news/arete securities.jpg)
![The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start - ARETE Securities Ltd](https://portfolio.investmentguruindia.com/uploads/news/arete securities.jpg)