Indian Markets Open Positive
Reflecting global sentiment, India’s derivative benchmark GIFT Nifty traded at 26,431.50, up 23.00 points (0.09%), signaling a positive start for domestic equities.
Global equity markets showed a positive bias on Wednesday morning, with major indices across the US and Asia trading higher as investor sentiment improved on expectations of policy stability and easing inflation trends.
US Futures Edge Up
US market futures indicated a mildly positive start:
Dow Futures were up 52.20 points (0.11%), last trading at 47,479.30.
S&P Futures gained 5.25 points (0.08%), quoting 6,845.25.
The underlying Dow Jones index, which closed earlier, recorded a strong intraday rise of 314.65 points (0.67%) to 47,448.11, reflecting continued optimism ahead of potential Federal Reserve rate moves.
Asia Markets Trade Firm
Asian benchmarks extended gains, supported by strong overnight cues and stable economic data from the region.
Nikkei 225 surged 591.17 points (1.19%) to 50,150.24, continuing its upward momentum as tech and export-heavy stocks attracted buying interest.
Hang Seng Index rose 34.66 points (0.13%) to 25,962.75, showing modest recovery despite recent volatility.
European Markets Cheer Early Gains
European trading saw a strong uptick early in the session:
Germany’s DAX climbed 261.59 points (1.11%) to 23,726.22, reflecting strength in industrial and auto stocks.