Delhi, 15 October (H.S.): Global markets presented a mixed picture on Wednesday as a broad-based rally across Asia shrugged off a subdued session on Wall Street and varied closings in Europe. While US indices ended lower overnight, a positive start for Dow Jones Futures and strong investor sentiment in Asia painted a bullish outlook for the region.
Selling pressure marked the previous session in the US, with the S&P 500 index dipping 0.16% to 6,644.31 and the tech-heavy Nasdaq Composite falling 0.76% to close at 22,521.70. European markets also concluded with mixed results; London’s FTSE index edged up 0.10% to 9,452.77, while the CAC in Paris fell 0.18%, and Germany’s DAX declined by 0.62%.In a stark contrast, Asian markets were predominantly in the green.
South Korea’s KOSPI led the gains with a remarkable 2.02% surge to 3,633.92. Following closely, Taiwan’s Weighted Index climbed 1.36%, Hong Kong’s Hang Seng rose 1.29%, and Japan’s Nikkei advanced 1.24%.India’s GIFT Nifty traded higher by 0.66% at 25,361.50, reflecting strong domestic optimism.
Other notable gainers included Thailand’s SET Composite (0.81%), Singapore’s Straits Times Index (0.36%), and the Shanghai Composite (0.10%). The only exception in the region was the Jakarta Composite, which fell by 0.79%.
Hindusthan Samachar / Jun Sarkar
