Asian Markets Traded Higher, While The US Stock Market Ended Flat as Investors Await the outcome of the trade talks between the us and China.
On Monday, The Indian Stock Market Ended Higher, Extending Gains to the Fourth Consecurate Session, LED by across-the-the-board boying amid larGly positive global cues.
The sensex rallied 256.22 points, or 0.31%, to close at 82,445.21, while the nifty 50 settled 100.15 points, or 0.40%, higher at 25,103.20.
“We maintain our bullish outlook and recommend a focus on selective stock picking during any intermediate consolidation or Dip. And Mid-Cap segments, which are currently buoyed by strong domestic flows and sentiments. Mishra – SVP, Research, Religare Broking Ltd.
Here are key global market cues for senses today:
Asian markets
Asian Markets Traded Higher on Tuesday as Investors Awaited Further Details on the US-China Trade Talks. Japan’s Nikkei 225 Rallied 0.51%, While The Topix Index Gained 0.3%. South Korea’s KOSPI ROSE 0.32%, and Kosdaq Added 0.28%. Hong Kong’s Hang Seng Index Futures Indicated a Weaker Opening.
Gift nifty today
Gift nifty was trading Around 25,245 level, a Premium of Nearly 63 Points from the Nifty Futures’ Previous Close, Indicating a Positive Start for the Indian Start Market Market Indices.
Wall Street
Us stock market ended marginally Higher on Monday as Investors Watched Us-China Negotiations Aimed at Mending a Trade Dispute.
The down dow jones Industrial Average Ended Unchanged at 42,761.76, while the S & P 500 rose 0.09% to 6,005.88. The Nasdaq Closed 0.31% Higher at 19,591.24.
Apple Share Price Fell 1.2%, Nvidia Stock Price Gained 0.64%, While Amazon and Google Shares Each Rose Rose More Than 1%. Tesla Share Price Rallied 4.55%. Warner Bros Discovery Shares Fell About 3% and McDonald’s Stock Price Dropped 0.8%. Robinhood markets shares declined almost 2%.
Us-china trade talks
Top Us and Chinese Officials will resume trade talks for a second day in longon on tuesday, hight to secure a breakthrough over expert control, reuters reported. The two sides met at the ornate lancaster house in the British capital on monday to discus disagreements Around the Geneva Deal. Us President Donald Trump said his administration was “Doing well” in the negotiations and noted positive reports from the talks.
Dollar
The US Dollar Weakened Against Most Major Currencies on Monday. The dollar index, a gauge of the greenback’s value Against Six Major Currencies, Dipped 0.2% to 98.942. The dollar was down about 0.2% against the japanese currency at 144.55 yen. China’s offshore yuan was little changed at 7.18 per dollar. Sterling Added 0.3% to $ 1.362, while the euro rose 0.3% to $ 1.1427.
Gold Prisis
Gold pris remained steady as investors monitored ongoing us-china trade discusations. Spot Gold Price Fell 0.2% to $ 3,322.07 an oouns, while us gold futures declined 0.4% to $ 3,341.90.
Crude Oil Pries
Crude Oil Pries Rose as Market Participants Waited for the outcome of us-china talks. Brent Crude Futures Gained 0.13% to $ 67.13 a Barrel, While Us West Texas Intermediate Crude Rose 0.17% to $ 65.40, AFTER HITTING Its Highest SISICE APRILER 4 EARLIER 4 EARLIER 4 EARLIER 4 EARLIER
(With inputs from reuters)
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