Asian markets saw gains, led by Japan, after its central bank addressed ETF concerns. Australian and South Korean shares also increased. US equity futures showed mixed performance amid H-1B visa fee worries. Trump touted progress on China issues. Wall Street reached new highs, fueled by rate cut prospects. Focus shifts to China’s loan rates and upcoming economic data.
F&O Talk: Nifty charts suggest further consolidation; Sudeep Shah’s strategy on Cohance, HEG and 4 more stocks
Indian markets corrected amid volatility, with Nifty entering a consolidation phase after a sharp April rally. Technical indicators suggest a range-bound trend with key support