European Stocks Erase Gains as US Data Thwarts Rate-Cut Bets bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Retail and HNI investors turned cumulative net sellers of 16,088 Nifty and Bank Nifty futures contracts, marking a shift 84 days after remaining net buyers of these contracts.
Futures rallied on strong earnings from Nvidia, which beat on revenue and EPS along with issuing guidance for next quarter of $11 billion in revenue. Investors will be watching for key economic data on Thursday, including the weekly jobless claims report and GDP growth numbers for the first quarter.