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Reading: First Commerce: Indices snap 7-day profitable streak; Sensex down over 50 pts, Nifty close to 24,280
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StockWaves > Business > First Commerce: Indices snap 7-day profitable streak; Sensex down over 50 pts, Nifty close to 24,280
Business

First Commerce: Indices snap 7-day profitable streak; Sensex down over 50 pts, Nifty close to 24,280

StockWaves By StockWaves Last updated: April 24, 2025 2 Min Read
First Commerce: Indices snap 7-day profitable streak; Sensex down over 50 pts, Nifty close to 24,280
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Indian equities mirroring a combined Asian market temper opened decrease. On the open, Sensex traded decrease at 80,058, whereas the NSE’s Nifty50 was down at 24,277.9, which means a lack of 50 factors.

Asian markets

Asian markets traded in a decent vary after combined cues from US President Donald Trump on his seemingly stance on China in respect of tariffs. The important thing MSCI Asia ex Japan index fell 0.6 per cent. 

The losses have been seen as enthusiasm on the Road, given the aid rally waned after Treasury Secretary Scott Bessent appeared uncertain on the progress of the decision to the US-China commerce conflict.

On the final rely in early commerce, Asian markets carried out combined, with the Japan’s Nikkei main the positive factors up over 1 per cent. In the meantime, Singapore’s Straits Instances and in addition Jakarta Composite traded with positive factors of as much as 0.8 per cent.

Nevertheless, Hong Kong’s Grasp Seng was buying and selling down, whereas Australia’s S&P/ ASX 200 index was up by 0.6 per cent.

Outperformance within the Japanese markets is attributed to stories of extra US commerce talks.

South Korea’s Kospi traded weak by as a lot as 0.5 per cent because the nation’s GDP or gross home product knowledge pointed to sudden contraction throughout the first quarter. The temper largely shrugged off optimistic earnings from SK Hynix. 

 

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