Stock Market Activity on January 28, 2025
U.S. Technology Sector
On January 28, 2025, the U.S. stock market experienced significant activity, particularly in the technology sector. Nvidia, a leading semiconductor company, saw a notable rebound in its stock price. After a substantial decline of nearly 17% on the previous day—triggered by concerns over China's DeepSeek AI model—Nvidia's shares rose by approximately 4.4% in pre-market trading. This recovery was mirrored by other tech stocks, including Broadcom and Marvell Technology, which also experienced gains.
Source: Barron's
Indian Stock Market
In the Indian stock market, Mahindra & Mahindra Ltd. outperformed its competitors. The company's shares increased by 1.26%, closing at ₹2,868.05. This performance was part of a broader positive trend in the market, with the BSE SENSEX Index rising by 0.71% to 75,901.41.
Source: MarketWatch
Market Influences
Overall, the day's trading was influenced by developments in the AI sector and corporate earnings reports, leading to significant movements in both U.S. and Indian markets.
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