Indian stock market may have a weak start, Gift Nifty fell by 130 points, the effect of weakness was also seen in Asian markets.

Business News Desk,Gift Nifty is down about 130 points. Asian markets are also seeing mixed trading. Here the American market has also slipped from its high. Nasdaq has fallen by almost 200 points from the top. Meanwhile, Israel has indicated a ceasefire in Gaza. After killing Hamas leader YANHA SINWAR, the Israeli PM has given a statement that the war can end today if Hamas lays down its arms and releases the hostages. The US President said that he is sending Secretary of State Antony Blinken to Israel. The time has come to move towards a ceasefire in Gaza. On Thursday, the Dow Jones index slipped 60 points from the day’s high, while the S&P 500 index closed 60 points and the Nasdaq slipped 168 points.

today’s big triggers

Q3 GDP figures will come in China. According to Bloomberg survey, GDP growth is expected to be 4.5%. 4.5% growth will be the slowest after March 2023. Chinese banks have reduced deposit rates by 25 bps. Deposit rates of one, two, three and five years have been reduced. Action by Industrial and Commercial Bank of China: China Construction Bank also removed interest.

TSMC shares rise

ADR closed at record high. Growth estimates were raised to more than 30% from the mid-20s. Statement by the CEO of the company: The demand is real and this is just the beginning.

Asian market

Meanwhile, mixed business is being seen in Asian markets today. GIFT NIFTY is showing a fall of 130.50 points. At the same time, Nikkei is seen around 39,058.32 with a gain of about 0.38 percent. At the same time, Strait Times is showing an increase of 0.02 percent. Taiwan’s market is trading at 23,656.96, up 2.55 percent. Whereas Hang Seng is seen with a gain of 0.05 percent at the level of 20,088.29. At the same time, Kospi is trading with a decline of 0.35 percent. At the same time, Shanghai Composite is showing a decline of 0.36 percent at the level of 3,157.87.