Stocks to Watch on Tuesday, May 7: Indian equities are expected to open with modest gains on Tuesday, following the positive momentum from Wall Street. At 7:25 AM, GIFT Nifty futures were up 36 points compared to Nifty 50 futures, indicating a higher start around 22,585 levels. In Asia-Pacific, stock markets continued their upward trend, buoyed by expectations of a potential interest rate cut by the Federal Reserve. Japan's Nikkei 225 and Topix index were marginally down, while South Korea’s Kospi traded flat, slightly lower by 0.08 per cent. Conversely, Wall Street's indices closed higher, reflecting bullish sentiment. Nasdaq surged 1.19 per cent, S and p 500 jumped 1.10 per cent, and the Dow Jones rose nearly 0.50 per cent. Meanwhile, back home following are the stocks to track: IndiGo: On Monday, IndiGo finalised a firm order for 30 wide body Airbus A350 aircraft. The airline had previously announced on April 25, 2024, that it had "agreed to" order 30 planes and...
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