ICICI Securities observed that "the euphoria around President Trump’s victory appears to be fading," with the dollar index losing much of its gains since September 2024 and the Indian rupee strengthening. The brokerage also highlighted that "recent fiscal and monetary stimuli could pose upside risks to FY26 growth."

A White Marubozu is a bullish candlestick pattern in technical analysis. It occurs when the opening price is the lowest for a given period and the closing price is the highest.

Vivek Paul from BlackRock Investment Institute highlights India s strong structural and demographic opportunities for investors over the next decade, despite global uncertainties and cyclical challenges. He also emphasizes that Indian equities are not particularly expensive in the long run, suggesting international investors should focus on India and other markets beyond just the US.

Hong Kong shares rallied to a fresh three-year high on Thursday, led by tech stocks, as investors continued to pile into artificial intelligence shares and welcomed new policy support.

REC rose by as much as 3.5% on Thursday to Rs 416.10 on the BSE, while PFC gained 2.9% to Rs 407.10. Macquarie set a target price of Rs 700 for REC and Rs 660 for PFC, suggesting an upside potential of about 68% and 62%, respectively, from current levels.

Japan s Nikkei share average ended higher on Thursday, tracking overnight strength in Wall Street, as concerns over the impact of U.S. President Donald Trump s tariff policy eased, although declines in chip-related stocks limited the overall gains.

The crypto market surged on Wednesday, with Bitcoin reaching $92,793 before settling at $92,464, marking a 6.28% gain in 24 hours. Ethereum rose 5.5% to $2,294, while Cardano, Solana, and Dogecoin saw gains of up to 8%.