New Delhi, 06 January (H.S.): Positive cues from global markets have set a buoyant tone for trading on Tuesday, with most Asian bourses posting gains amid broad-based optimism. Overnight, U.S. markets closed on a strong note, while European indices also ended the previous session with notable gains. This upbeat sentiment has spilled over into Asian markets, where a majority of benchmarks are trading in the green.

Wall Street concluded its last session with a surge in investor sentiment. The Dow Jones Industrial Average climbed 600 points to reach a new all-time high, while the S&P 500 advanced 0.64% to close at 6,902.09 points. The Nasdaq Composite jumped 154.63 points, or 0.67%, to settle at 23,390.26. Currently, Dow Jones futures are trading 106.47 points, or 0.22%, higher at 49,082.65 points.

European markets mirrored this optimism, with sustained buying activity throughout the previous session. The FTSE 100 gained 0.53% to close at 10,004.57 points, the CAC 40 rose 0.20% to 8,211.50 points, and the DAX surged 329.35 points, or 1.32%, to finish at 24,868.69 points.

Across Asia, most indices are trading higher. Of the nine major Asian markets, eight are in positive territory, with only the SET Composite Index in the red, down 0.28% at 1,276.51 points. The GIFT Nifty is currently trading 0.09% higher at 26,344 points, while the KOSPI Index has advanced 0.22% to 4,467.24 points.

Hong Kong’s Hang Seng Index has posted a sharp rally, jumping 508.76 points, or 1.93%, to 26,856 points. The Shanghai Composite Index has risen 1.14% to 4,069.38 points, while Singapore’s Straits Times Index has gained 1.11% to 4,732.28 points. Taiwan’s Weighted Index is up 279.16 points, or 0.93%, at 30,384.20 points, Japan’s Nikkei 225 has advanced 449.20 points, or 0.87%, to 52,282 points, and Indonesia’s Jakarta Composite Index is trading 0.37% higher at 8,891.53 points.

Hindusthan Samachar / Jun Sarkar