Strong Global Cues, US Futures Surge, Asian Markets in the Green. A recovery is anticipated in the Indian market today following yesterday's significant decline.
Stock Market: Global stock markets are showing a positive trend this morning, boosting expectations of a recovery in Indian markets. Asian markets are exhibiting b gains, while US stock futures have also surged.
Expected Relief from Global Cues
On Monday, the S&P 500 and Dow Jones experienced declines in the US markets, although Nasdaq saw a slight increase. However, US stock futures rebounded bly on Monday night. Dow Futures rose by approximately 1.2%, while S&P 500 Futures and Nasdaq Futures surged by 0.9% and 1%, respectively.
Strength in Asian Markets
Japan's Nikkei 225 index climbed by up to 6.3% Tuesday morning, while the Topix gained 6.8%. South Korea's Kospi and Kosdaq, Australia's ASX 200, and China's CSI 300 are also trading in positive territory. Hong Kong's Hang Seng index is up 2%.
Positive Indications for the Indian Market
Gift Nifty Futures were trading at 22,650 at 7:45 AM, a 390-point increase compared to the previous close. This suggests a positive opening for the Indian stock market today.
Significant Decline in the Previous Session
On Monday, the Sensex closed down 2,226 points at 73,137, while the Nifty-50 experienced a sharp drop of 742 points, closing at 22,161. This is considered the largest single-day fall since June 4, 2024.
Trump vs. China: Impact of the Tariff War
US President Donald Trump has pressured China to remove reciprocal tariffs. Reports suggest China is adopting a firm stance against this pressure. This tension is impacting global market movements.
Focus on RBI Policy and Q4 Results
Indian investors are awaiting the results of the Reserve Bank of India's Monetary Policy Committee (MPC) meeting, which will be announced tomorrow. Furthermore, Q4 earnings from companies and macroeconomic indicators expected this week could also influence market direction.
(Disclaimer: This article is for informational purposes only. Consult your financial advisor before making any investment decisions. The stock market is subject to risks.)
