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	Podcast:		Stock Market Updates
	Episode:		Market Savera - 16/08/2024
	Category:		Business
	Duration:		00:01:56
	Publish Date:		2024-08-16 03:20:08
	Description:		Wall Street's main indexes closed higher on Thursday, with the Nasdaq rising more than 2% after July U.S. retail sales data hinted at resilient consumer spending, calming fears of an imminent recession in the world's largest economy. Retail sales increased 1.0% after a downwardly revised 0.2% drop in June, easing fears of a sharp economic slowdown blown by a jump in the unemployment rate last week. A separate reading also showed the number of Americans filing new applications for unemployment benefits fell unexpectedly last week. Blue Star expects demand to remain strong for upcoming festive season Signature Global plans to foray in Delhi, Noida property mkts Bharti raises USD 1.8 billion from Barclays for BT stake buy Asia shares were headed for a weekly gain on Friday and Japan's benchmark Nikkei was poised for its best week in over four years as upbeat risk sentiment spilled over from Wall Street. Nifty ended a lacklustre session flat on August 14. At close, Nifty was up 0.02% or 4.8 points at 24143.8. Nifty could take support from the 23893-24079 band in the near term while 24347 could offer resistance. Indian markets could open higher, in line with mostly higher Asian markets today and positive US markets on Aug 15
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