Asian Markets Trade Higher Following Overnight Gains On Wall Street; Flat Start On D-Street?



Asian markets traded higher on Friday following overnight gains on Wall Street and release of key economic data in Japan.

Japan’s Nikkei 225 rose 0.1%, while Topix fell 0.2%.

Hong Kong’s Hang Seng index futures traded at 17,554, compared to the HSI’s close of 17,373.03.

South Korean and mainland Chinese markets are closed for a holiday.

Australia’s S&P/ASX 200 gained 0.31%.

Meanwhile, Gift Nifty was trading at around 19,636 level as against Nifty futures’ previous close of 19,655, indicating a flat start for the Indian benchmark indices.

US stock market indices ended higher on Thursday as a rise in Treasury yields stalled, while investors assessed economic data.

The Dow Jones Industrial Average rose 116.07 points, or 0.35%, to 33,666.34, while the S&P 500 gained 25.19 points, or 0.59%, to 4,299.70. The Nasdaq Composite ended 108.43 points, or 0.83%, higher at 13,201.28.

Here’s the trade set-up for today.

#tradesetupfortoday #marketoutlookfortoday #sensex #nifty #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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