Indian Stock Market Update:
The Indian stock market is expected to open higher today, supported by positive cues from global markets and ongoing optimism about US-China trade negotiations. The Gift Nifty was trading at 25,245—around 63 points above the previous Nifty futures close—hinting at a strong start for Indian indices.
1. Global Market Performance
Asian markets showed positive momentum. Japan’s Nikkei 225 rose by 0.51%, and South Korea’s Kospi gained 0.32%. Meanwhile, the US stock market ended flat as investors awaited more clarity on trade discussions. The S\&P 500 inched up by 0.09%, and the Nasdaq climbed 0.31%.
2. Indian Markets Continue Uptrend
On Monday, Indian indices extended gains for the fourth straight session. The Sensex gained 256.22 points to close at 82,445.21, while the Nifty 50 rose 100.15 points to finish at 25,103.20. Market experts advise investors to focus on quality stock selection, especially in the small- and mid-cap sectors, while staying cautious.
3. US-China Trade Talks Ongoing
High-level trade talks between the US and China entered a second day in London. Officials are discussing key issues like export regulations and trade agreements. US President Donald Trump indicated positive progress in these talks.
4. Dollar Trends
The US dollar weakened slightly against major currencies. The dollar index dropped by 0.2%, while the euro and British pound rose by 0.3%. The Japanese yen also saw a modest gain.
5. Gold Prices Stable
Gold prices held steady as investors monitored global developments. Spot gold was down by 0.2% at \$3,322.07 per ounce, and US futures fell 0.4%.
6. Oil Prices Edge Up
Crude oil prices rose slightly. Brent crude touched \$67.13 per barrel, and WTI crude rose to \$65.40 as traders remained watchful of trade talks’ outcomes.
7. Stock Highlights
Among US stocks, Tesla jumped 4.55%, while Nvidia and Amazon posted modest gains. Apple, McDonald’s, and Warner Bros saw minor declines.
Disclaimer: The above information is for educational purposes only. Please consult financial advisors before making investment decisions.
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