New Delhi:
The impact of the rise in the US Stock Market on Monday is clearly visible in the Asian markets today i.e. on Tuesday morning. After a strong rally of Tech Stocks in the US and the announcement of relief on President Donald Trump’s tariff (TRUMP TARIFF), there was a positive atmosphere in Global Markets. Its impact was also seen on the stock markets in Japan, South Korea and Hong Kong.
Nikkei and KOSPI gains, Hang Seng Futures also boom
Japan’s Nikkei 225 index climbed 1.15%, while the Topix strengthened by 1.16%. South Korea’s KOSPI rose 0.39%, although the KosDaq fell down 0.32% with a slight decline. Hong Kong’s Hang SenG index futures have also seen a boom, indicating the hope of a strong opening of the market.
American markets bounced out of Trump’s tariff
On Monday, the US stock market saw a huge rise. Dow Jones closed at 40,524.79 with 312 points i.e. 0.78%. S&P 500 jumped 0.79% and reached 5,405.97. At the same time, Nasdaq Composite closed at 16,831.48 above 0.64%. During this time, there was a huge rise in tech shares.
Apple’s shares climbed 2%, market cap again crosses 3 trillion dollars
Apple’s shares recorded a gain of more than 2%, causing the company’s market cap to reach the $ 3 trillion again. The reason for this was the announcement of exemption from the new reciprocal tariffs on the new recipes on smartphones, computers, semiconductors and other electronic items by the Trump government.
After this decision, America’s Customs and Border Protection released new guidelines late on Friday night, which will not put these products tariffs. This news brought a positive sentiment in the tech sector.
Indian market will open today, global market will look impact
The Indian Stock Market was closed on Monday due to Ambedkar Jayanti. Today i.e. on Tuesday, April 15, the major index of the Indian stock market NSE, BSE will start trading again. Due to positive news of Global Market, it can also show its impact on the Indian market. On Friday, there was a tremendous bounce in the market. NIFTY climbed 429.40 points i.e. 1.92% to close at 22,828.55, while Sensex (SENSEX) had increased by 1,310.11 points i.e. 1.77% to 75,157.26.
Now investors are eyeing Tuesday. When the market opens today, it will be seen that what is the impact of Trump’s tariff discounts and positive global sentiments on the Indian market.