Signals of strength from global market, bullish trend in Asia too

Auspicious signs are coming from the global market on Tuesday. After facing continuous pressure last week, recovery is now visible in the US market. Wall Street indices closed with gains during the last session. Dow Johns Futures are also maintaining a slight gain today. Similarly, European markets also closed after trading strongly during the previous session. There is a generally bullish trend in the Asian market today.

During the last session, there was a bullish trend in tech stocks in the US market, due to which the Wall Street indices got a lot of support. The Dow Jones jumped 250 points. Similarly, the S&P 500 index ended the last session’s trading at 5,006.71 points with a rise of 0.79 percent. Apart from this, Nasdaq closed at the level of 15,434.90 points with a gain of 152.89 points or 1 percent.

Like the American market, there was an atmosphere of enthusiasm in the European market also during the last session. The FTSE index closed at 8,023.87 points with a rise of 128.02 points or 1.60 percent. Similarly, CAC index ended the last session’s trading at the level of 8,040.36 points with a rise of 0.22 percent. Apart from this, DAX index closed at the level of 17,860.80 with a gain of 123.44 points or 0.69 percent.

The Asian market is also looking generally strong today. Out of 9 markets in Asia, the indices of 7 remain in the green mark with gains, while the indices of 2 are trading in the red mark with a decline. GIFT Nifty is trading at the level of 22,361 points with a weakness of 0.10 percent. Similarly, Shanghai Composite Index has fallen by 0.41 percent to the level of 3,032.3 points.

On the other hand, Nikkei index is trading at the level of 37,626.09 points with a rise of 187.48 points or 0.50 percent. Similarly, the Straits Times Index has jumped 1.22 percent to reach 3,264.63 points. Hang Seng Index has also made a big jump today. At present this index is trading at the level of 16,782.71 points with an increase of 271.02 points or 1.64 percent. Similarly, Taiwan Weighted Index has reached the level of 19,608.41 points with a gain of 197.19 points or 1.02 percent. Apart from this, Kospi Index is trading at the level of 2,633.23 points with a gain of 0.14 percent, Set Composite Index is trading at the level of 1,358.22 points with a gain of 0.64 percent and Jakarta Composite Index is trading at the level of 7,117.34 points with a gain of 0.62 percent. .