Asian Markets Show Mixed Trends Ahead of Trading Day
Asian markets are showing mixed trends with Nifty futures indicating a slow start and Hong Kong tech stocks performing well. The Nifty 50 index ended its eight-day decline with modest gains.
Before the trading day starts, we bring you a digest of the key news and events that are likely to move markets.
Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. Nifty futures indicate a tepid start, with Hong Kong tech shares extending their rally in a mixed morning for Asian stocks.
Back home, the benchmark Nifty 50 index finally snapped its eight-day losing streak on Monday with modest gains. Citi retains its 'constructive' view on India and in the short term, the 22,800 level on the Nifty continues to be a key support level for traders.
