- Asian markets traded firmly in the green, reflecting improved investor sentiment across the region.
- Japan's Nikkei emerged as the top performer, surging 2,225.68 points to 66,442.90, driven by gains in technology and export-oriented stocks.
- South Korea's KOSPI advanced 623.34 points to 8,387.29, while Singapore's Straits Times Index gained 24.81 points to 5,012.91.
- Indian markets indicated a positive start in the pre-open session:
- Sensex rose 1,547.18 points to 75,379.73.
- Nifty 50 gained 148.15 points to 23,309.75.
- The strong opening signals optimism following supportive global cues and improving risk appetite.
- In commodities, Brent crude oil traded at $89.50 per barrel, up 0.97%, remaining close to the key $90 mark.
- Rising oil prices continue to be monitored closely by investors due to their impact on inflation and corporate profitability.
- Precious metals showed mixed trends:
- Gold International traded around 4,202.72.
- Silver International stood at 67.36.
- Market participants are expected to track:
- Global central bank signals and interest rate expectations.
- Crude oil price movements.
- Foreign institutional investor (FII) activity.
- Domestic economic and corporate developments.
- Overall, strong gains across Asian markets and a sharp rise in pre-open Indian benchmarks indicate a positive tone for the trading session, though elevated oil prices may keep volatility in focus.
Global Optimism Lifts Asian Equities, Sensex Jumps Over 1,500 Points in Pre-Open Trade
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