Good signals are being seen from the global market. Nifty again saw a jump of 250 points. In Asia, Nikkei was seen trading up by about one and a half percent. The US market was strong yesterday, Nasdaq closed up by more than 3 percent.
US markets closed with gains yesterday. Jobless claims fell more than expected. S&P500 saw biggest gain since November 2022. Nasdaq gains sharply on tech stocks, JPMorgan says 75% of global carry trades are closed.
The Asian market is trading strongly today. GIFT Nifty is trading at 24,396.50 with a gain of 296 points. At the same time, Nikkei is seen around 35,380.23 with a gain of 1.55 percent. At the same time, trading is flat in Straits Times. Taiwanese markets are trading at 21,543.16, up 3.22 percent. While Hang Seng is seen at 17,222.24 with a gain of 1.96 percent. At the same time, KOSPI is trading at 2,595.88 with a gain of 1.53 percent. Whereas, Shanghai Composite was trading at 2,877.91, up 8.01 points or 0.28 percent.