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Asian Markets Trade Mixed Despite Overnight Gains On Wall Street; Strong Start On D-Street?

Asian markets traded on a positive note, with most major indices trading in the green. Japan’s Nikkei 225 rose 0.89%, while the Topix index gained 1.18%. South Korea’s Kospi index moved up over 0.6%, crossing the 8,000 mark during trade, while the small-cap Kosdaq index slipped 0.4%. Australia’s S&P/ASX 200 also traded higher, rising 0.42% in early deals.


Meanwhile, Indian markets are expected to open higher today, supported by positive signals from GIFT Nifty.


U.S. markets ended higher in the previous session. The Dow rose 370 points, or 0.75%, to close at 50,063.46. The S&P 500 also moved up 0.77% to settle at 7,501.24, while the Nasdaq Composite gained 0.88% and ended the session at 26,635.22.

Here's the trade set-up for today.

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