Indian equity markets may see a mixed day again today

US equity markets continued their upward trend, yesterday, 30^th June, 2025. Nasdaq ended the day, up by 96.28 points or 0.47%. Dow Jones ended the day, up by 275.5 points or 0.63%. S&P 500 ended the day, up by 31.88 points or 0.52%. Many technology stocks gained after Canada withdrew a digital tax that it had imposed earlier. This after President Trump threatened to stop trade talks with Canada if the tax was not withdrawn.

President Trump’s tax cut bill now has moved to a special session called vote-a-rama after it failed to pass through during the normal debating time. In this session the various amendments proposed for the bill will be voted one after the other. With two Republican Senators already against the bill, it will fail to pass through the Senate if one more Republican Senator turns against it.

European stocks decline yesterday

European stock markets fell yesterday. Euro Stoxx 50 ended the day, down by 22.40 points or 0.42%. Daxx ended the day down by 123.61 points or 0.51%. FTSE 100 index ended the day down by 37.95 points or 0.43%. European Central Bank warned about an increasingly uncertain and volatile inflation environment in the Euro zone.

Asian markets start on a mixed note

Asian markets have started the day on a mixed note today, 1^st July, 2025. At 8:51 a.m. Indian Standard Time, Nikkei 225 is down by 405.7 points or 1%. Hong Kong market is closed today due to a local holiday. Shanghai Composite is up by 6.74 points or 0.20% at this time. Kospi index is up by 49.71 points or 1.62%.

Indian equity markets saw some profit booking yesterday in large cap stocks. They may see another mixed day today.

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Source: Dow Jones