Asian Markets Trade Higher Post Inflation Data From India & Japan; Wall Street Ends Mixed On Monday

Asian markets traded mostly higher today as investors assessed inflation data from India and Japan.

Japan’s Nikkei 225 rose 0.7%, while the Topix gained 0.6%. South Korea’s Kospi added 0.18%, and the Kosdaq gained 5%. Hong Kong’s Hang Seng index futures indicate a positive opening.

Gift Nifty was trading around 22,245 level, a premium of nearly 20 points from the Nifty futures’ previous close, indicating a flat-to-positive start for the Indian stock market indices.

The US stock market ended mixed on Monday as investors awaited key inflation readings and earnings later this week.

The Dow Jones Industrial Average fell 81.33 points, or 0.21%, to 39,431.51, while the S&P 500 eased 1.26 points, or 0.02%, to 5,221.42. The Nasdaq Composite ended 47.37 points, or 0.29%, higher at 16,388.24.

Here's the trade set-up for today.


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