New Delhi, August 12 (HS): Global markets are offering mixed signals for Indian equities today. Wall Street closed lower in the previous session, weighed down by persistent selling pressure, though Dow Jones futures are showing modest gains in early trade. European indices wrapped up the last session with a mixed performance, while major Asian markets are also trading in divergent directions this morning.
On Wall Street, the Dow Jones Industrial Average slipped by 200 points, closing in the red. The S&P 500 fell 0.25% to 6,373.45, while the Nasdaq Composite shed 0.30% to end at 21,385.40. However, Dow Jones futures are currently up 0.17%, trading at 44,049.20.
Across Europe, the FTSE 100 edged 0.37% higher to close at 9,129.71, while France’s CAC 40 declined 0.58% to 7,698.52 and Germany’s DAX dropped 0.34% to 24,081.34.
Asian trade, too, reflects a mixed mood. Out of nine key indices, six are in the green, while two are in the red, with Thailand’s SET Composite remaining flat due to a market holiday. Singapore’s Straits Times Index is down 0.39% at 4,216.27, and Hong Kong’s Hang Seng has slipped 0.14% to 24,871.
On the positive side, India’s GIFT Nifty is up 0.25% at 24,636, South Korea’s KOSPI has gained 0.29% to 3,216.01, and Japan’s Nikkei is leading the rally with a stellar 2.74% surge, adding 1,145.52 points to reach 42,966. Indonesia’s Jakarta Composite Index has climbed 0.97% to 7,679.58, while China’s Shanghai Composite and Taiwan’s Weighted Index are trading up 0.51% and 0.10% respectively.
With global markets sending mixed cues and Asian indices split between gains and losses, Indian equities are likely to open on a cautiously optimistic note.
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Hindusthan Samachar / Jun Sarkar
