Asian stocks experienced gains, mirroring the rise in equity-index futures, fueled by record-high US stock performance and positive developments in trade negotiations. Japan’s Nikkei 225 index saw a significant jump following extended trade talks. Meanwhile, crude oil prices declined as traders adjusted risk premiums ahead of the OPEC+ meeting, and US Treasuries experienced a slight dip.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and