There are signs of strength from the global market today. There was an atmosphere of enthusiasm in the US market during the last session. Dow Johns Futures also seems to be trading with gains today.
European markets closed with mixed results during the last session. There is a general buying trend in the Asian market today.
Due to the fall in crude oil prices and reduction in bond yields, there was a continuously positive sentiment in the US market during the last session, due to which the Wall Street indices were successful in closing on a strong note.
The S&P 500 index jumped 0.32 percent to close at 7,677.28 points. Similarly, Nasdaq ended the last session’s trading at the level of 26,151.30 points with a rise of 171.11 points or 0.66 percent.
At the same time, Dow Johns Futures is currently seen trading 0.05 percent stronger at the level of 53,601.91 points.
European markets closed with mixed results in the last session due to last-minute profit booking after trading strongly throughout the day.
The FTSE index jumped 0.29 percent to close at 10,886.16 points. Similarly, the DAX index jumped 159.54 points or 0.61 percent and ended the last session’s trading at the level of 26,266.14 points.
On the contrary, CAC index lost all its gains due to last minute selling and closed at 8,439.20 points with a weakness of 0.16 percent.
There is a general buying trend in the Asian market today. Out of nine markets in Asia, the indices of eight are trading firmly in the green, while the movement of one index is showing a decline.
The only Straits Times Index in the Asian market is trading at 5,726.05 points, down 0.17 percent.
On the other hand, GIFT Nifty has reached the level of 24,527.50 points with a gain of 0.19 percent. Similarly, Jakarta Composite Index has increased by 0.16 percent to the level of 6,512.06 points.
There is a strong bullish trend in the Kospi index today. At present this index is trading at the level of 6,874.85 points with a rise of 132.11 points or 1.96 percent.
Taiwan Weighted Index also made a big jump today. At present, this index has reached the level of 45,767.69 points with a strength of 598.23 points or 1.32 percent.
Similarly, the Hang Seng Index has jumped 196.90 points or 0.77 percent to reach the level of 25,708 points. Apart from this, the Shanghai Composite Index is trading at the level of 3,916.83 points with a jump of 0.70 percent, the SET Composite Index is trading at the level of 66,266 points with a jump of 0.68 percent at the level of 1,606.80 points and the Nikkei Index is trading at the level of 66,266 points with a rise of 409.57 points or 0.62 percent.
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