Delhi, 20 October (H.S.): Global markets presented a mixed picture on Monday, with Asian bourses rallying strongly, buoyed by a positive handover from Wall Street, even as European markets closed the previous session under significant selling pressure.The U.S. markets finished last week on a high note.

The S&P 500 index closed with a gain of 0.53% at 6,664.01, while the Nasdaq Composite climbed 0.59% to settle at 22,695.75. The upward momentum appeared to continue, with Dow Jones Futures trading 0.19% higher at 46,279.94 in early trading.In sharp contrast, European markets faced a downturn.

The FTSE index in London fell by 0.87% to 9,354.57, and the CAC index in Paris edged down 0.18% to 8,174.20. Germany's DAX index recorded a substantial decline of 1.85%, closing at 23,830.99.However, Asian markets were overwhelmingly positive on Monday.

Japan's Nikkei index led the gains with an impressive surge of 2.75% to 48,892. Hong Kong's Hang Seng index jumped 2.49% to 25,876, while India's GIFT Nifty traded 0.75% higher at 25,949. Most other major regional indices, including the Shanghai Composite, KOSPI, and Taiwan Weighted Index, also posted significant gains. The only notable exception was the Straits Times Index, which was trading 0.63% lower.

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Hindusthan Samachar / Jun Sarkar