Quote on Markets 07th May 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital (Prabhudas Lilladher)
Below the Quote on Markets 07th May 2026 by Mr. Vikram Kasat, Head Advisory, PL Capital (Prabhudas Lilladher)
Dow 49.9K Dow Jones finally joined Nasdaq and S&P 500 in exiting correction territory, but it ended the day just short of a major milestone.
?S&P 500 ended up 1.5% while Nasdaq jumped 2%.
Stocks gained from a double-dose of chip-stock enthusiasm and hopes that the U.S. and Iran could finally reach some kind of agreement on an end to the war and a reopening of the Strait of Hormuz. Oil prices also tumbled
Nifty 24330.95
Gift Nifty FLAT
Japan's Nikkei 225 surges 4% to a fresh high on AI-led rally.
Let's hope we get a better deal on Dalal Street.
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