Asian equities are trading cautiously as investors await US jobs data for clues on Federal Reserve interest rate decisions. Tesla shares plummeted after Elon Musk’s spat with Donald Trump, overshadowing optimism from renewed US-China trade talks. Despite Trump’s positive comments, analysts remain skeptical about a lasting trade resolution, while China faces scrutiny over currency transparency.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader