Nikkei Recovers 10% After Historic Low, Asian Peers and US Futures Follow Suit
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

Congratulations!
You have successfully subscribed.

Japan’s Nikkei 225 showed recovery on Tuesday along with the rest of the Asian markets after facing a historic rout on Monday.

What Happened: Japan’s Nikkei 225 index jumped 10.97% to an intraday high of 34,911.80 on Tuesday after falling 12.4% on Monday. Asian peers including Hong Kong’s Hang Seng index were up 0.32%, and Taiwan Capitalization Weighted Stock Index was trading 2.31% higher.

India’s GIFT Nifty Futures were up 0.71% ahead of Indian markets opening on Tuesday.

See Also: HUDCO Signs MoU With RITES For Consultancy Services

S&P 500 fell 3% on Monday but the S&P 500 futures is now trading 1.35% up after the US market close.

Global markets fell on Monday after a weaker-than-expected job data sparked fears of a US recession. Bank of Japan’s rising interest rates also spooked the markets which sent the Nikkei crashing 12% and weaknesses over global markets.

India’s benchmark index Nifty 50 had fallen 2.68% in Monday’s session.

Read Next: TVS Motors To Announce Q1 Results On August 6, Revenue To Rise 16% To ₹8,392 Cr

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...
AsiaEquitiesNewsFuturesMarketsGift NiftyNifty 50Nikkei 225S&P 500 futures