Global Bulls Charge: US Rally Fuels Asian Surge, Gift Nifty Soars
New Delhi, 19 December (H.S.): Global markets radiated optimism Friday, with Wall Street''s rebound from four-day losses igniting buying across Europe and Asia, setting a bullish tone ahead of Indian bourses'' open. Wall Street Rebounds on Tame
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New Delhi, 19 December (H.S.): Global markets radiated optimism Friday, with Wall Street's rebound from four-day losses igniting buying across Europe and Asia, setting a bullish tone ahead of Indian bourses' open.

Wall Street Rebounds on Tame Inflation, Strong Jobs Data

American indices snapped declines Thursday after cooler-than-expected inflation and initial jobless claims bolstered sentiment; S&P 500 climbed 0.93% to 6,784.23, Nasdaq surged 1.37% or 311.14 points to 23,004.46, while Dow Jones futures advanced 0.71% or 342 points to 48,293.85.

Europe Joins Festive Mood with Broad Gains

European benchmarks mirrored the positivity: FTSE rose 0.64% to 9,837.77, CAC 40 gained 0.79% to 8,150.64, and DAX leaped 0.99% or 238.91 points to 24,199.50, reflecting sustained investor enthusiasm.

Asia Lights Up: Nikkei Leads Explosive Rally

Eight of nine Asian markets traded green, barring Jakarta Composite's 0.39% dip to 8,584.46; Gift Nifty firmed 0.51% or 131 points to 26,004, Straits Times edged up 0.13% to 4,576.39, while Nikkei rocketed 1.29% or 633.50 points to 49,635.

Taiwan Weighted advanced 1.08% or 297.18 points to 27,765.71, Kospi rose 0.93% to 4,031.56, Hang Seng climbed 0.74% or 188.87 points to 25,687, Shanghai Composite gained 0.59% to 3,899.31, and SET Composite added 0.27% to 1,253.46.

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Hindusthan Samachar / Jun Sarkar


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