New Delhi, October 24 (Udaipur Kiran): Global markets are witnessing a positive trend today, with strong cues emerging from the U.S. and European markets. Asian markets have also opened on a firm note, continuing the upbeat global sentiment.
In the U.S., markets ended higher in the previous session, reflecting optimism among investors. The S&P 500 index climbed 0.58% to close at 6,738.44 points, while the Nasdaq gained 201.40 points (0.89%), settling at 22,941.80 points. The Dow Jones Futures is currently trading with a modest gain of 0.12% at 46,792.62 points.
Following Wall Street’s lead, European markets also witnessed sustained buying momentum in the previous session. The FTSE index rose 0.66% to close at 9,578.57 points, while France’s CAC index advanced 0.23% to 8,225.78 points. Similarly, Germany’s DAX index gained 0.23%, ending at 24,207.79 points.
Across Asia, most markets are trading in positive territory today. Out of nine major Asian indices, seven are in the green, one is in the red, while trading in Taiwan’s stock exchange remains closed due to a holiday.
The Gift Nifty is showing slight weakness, trading marginally lower by 0.03% at 25,952 points. On the other hand, Singapore’s Straits Times index is up 0.27% at 4,428.39 points, while Jakarta Composite has gained 0.44% to reach 8,310.71 points.
South Korea’s KOSPI index is leading the rally with a sharp rise of 2.19% (84.30 points), trading at 3,929.86 points. Japan’s Nikkei index has also surged 716.39 points (1.47%) to 49,358 points.
Meanwhile, Thailand’s SET Composite is up 0.82% at 1,313.05 points, Hong Kong’s Hang Seng has climbed 164.02 points (0.63%) to 26,132 points, and China’s Shanghai Composite is trading 0.42% higher at 3,938.98 points.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
