Asian Markets : Positive market performance in Asia, particularly in Japan, indicates a favorable sentiment driven by factors such as strong corporate earnings and demand from offshore sources. The focus on China’s benchmark lending rates suggests that investors are closely monitoring central bank decisions, which can have significant implications for financial markets.
Gift Nifty and Nifty futures in the Indian stock market. Here’s a summary of the information:
- Gift Nifty:
- Gift Nifty was trading around the 19,805 level.
- Nifty Futures:
- Nifty futures had a previous close of 19,803.
- Market Outlook:
- The information suggests a flat start for the Indian benchmark indices.
Wall Street: The market conditions on that particular day, highlighting the influence of energy stocks and the movement in Treasury yields on the overall market performance. The US dollar languished near an over two-month low against its major peers on Monday amid rising views that US interest rates have peaked, with attention now on how soon the Federal Reserve could begin easing monetary conditions.
The dollar index, which measures the greenback against a basket of six currencies, rose 0.04% to 103.95, but was struggling to break away from last week’s two-month trough of 103.79.
