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US stocks edge higher as Nvidia test looms

Updated at : 2025-11-19 21:25:02

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Wall Street stocks inched up early Wednesday as investors await an earnings report from AI chip powerhouse Nvidia and minutes from the US central bank s most recent interest-rate meeting.

IT stocks lifted benchmarks as Nifty held firm above its 50EMA and staged a strong rebound. A falling channel breakout and bullish RSI signalled improving sentiment, with analysts eyeing higher levels while recommending HCL Tech and Arvind for near-term upside.IT stocks lifted benchmarks as Nifty held firm above its 50EMA and staged a strong rebound. A falling channel breakout and bullish RSI signalled improving sentiment, with analysts eyeing higher levels while recommending HCL Tech and Arvind for near-term upside

​Markets ended mixed on Wednesday as strong IT sector gains lifted benchmark indices, while newly listed stocks like Groww and Waaree Energies slipped due to profit booking and negative triggers​

This came after Sebi observed that certain entities, including fintech companies and stockbrokers, are offering services in the nature of OBPPs without obtaining due registration from the stock exchanges as mandated

Nvidia’s quarterly earnings will dominate Wall Street as analysts expect strong revenue and EPS growth. While AI optimism is high, experts warn that much of the good news may already be priced in, increasing downside risk if guidance disappoints.Nvidia’s quarterly earnings will dominate Wall Street as analysts expect strong revenue and EPS growth. While AI optimism is high, experts warn that much of the good news may already be priced in, increasing downside risk if guidance disappoints

The fund outflows highlight the severity of the selloff in bitcoin, which has corrected sharply after hitting a record high in October, and underscore how deep the pullback has been across risk assets

LIC has pared its stake in BPCL from 8.75% to 6.75% even as the state-run refiner delivered a strong Q2FY26 performance. BPCL’s net profit surged 169% to Rs 6,442 crore, supported by higher refining margins and steady fuel demand. Revenue rose 3%, while refineries operated at 111% capacity with modest sales growth

Eight BSE 100 stocks, including Bharti Airtel and Hero MotoCorp, hit new 52-week highs as the Sensex surged. Recent gains ranged from 5% to 20%, signalling strong market momentum and bullish sentiment

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The news fueled buying on Tuesday, driving down yields across the curve by 2-3 basis points, but the rally was short-lived as a sharp drop in purchases by a key investment category offset the optimism

Excelsoft Technologies’ Rs 500-crore IPO saw strong demand on Day 1, getting subscribed 1.45 times, led by heavy retail and NII participation. The issue, priced at Rs 114–120 per share, includes a fresh issue and OFS. The company has reserved 50% of the shares on offer for QIBs, 35% for retail investors, and 15% for non-institutional investors

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