How Global Markets affect Indian Markets

Global markets rose today, with some major indexes experiencing gains. Here’s a quick rundown of the market movers:

  • EV Boom Continues: Shares of Chinese electric vehicle (EV) maker Nio surged over 20% after reporting that their April deliveries more than doubled year-over-year. This strong performance reflects the continued momentum in the EV market.
  • Energy Sector Upbeat: Oil giant Shell reported better-than-expected profits for the first quarter and announced a $3.5 billion share buyback program. This positive news boosted the energy sector.
  • Dow Jones Up, Tech Mixed: The Dow Jones Industrial Average closed higher by over 80 points. However, the tech-heavy Nasdaq 100 ended slightly lower.

Other notable news:

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  • Danish pharmaceutical company Novo Nordisk also reported strong earnings, driven by the success of their weight-loss drug Wegovy.

For a more detailed look at today’s market performance, you can visit financial news websites like CNBC [International Business, World News & Global Stock Market Analysis – CNBC] or Markets Insider [Global Market Indices | International Markets – Markets Insider].