US markets end firm , Asia markets mixed -
Wall Street ended higher overnight as investors were heartened by the fact that policymakers at the Fed unanimously felt the US economy was strong as they grappled with reining in inflation without triggering a recession.
The Dow Jones Industrial Average rose 191.66 points, or 0.6%, to 32,120.28, the S&P 500 gained 37.25 points, or 0.95%, to 3,978.73 and the Nasdaq Composite added 170.29 points, or 1.51%, to 11,434.74.
Asian stocks were mixed as traders weighed downbeat remarks on China’s economy by Premier Li Keqiang with Federal Reserve minutes that struck a less hawkish note than markets had expected.
Japan's Nikkei fell 0.09%
Australia’s S&P/ASX 200 Index fell 0.5%
Kospi index rose 0.3%
Hang Seng Index fell 1.2%
Shanghai Composite Index fell 0.7%
Sensex, Nifty open higher; banks, IT stocks in the green -
Indian indices were in the green in opening trade with Sensex up 260 points and Nifty near 16,100 mark. IT stocks witnessed some buying after massive sell-off in the sector on Wednesday. FMCG and realty stocks continued to lag
Sensex opened 200 points higher on Thursday, while Nifty was up 0.3% after three days of losses. Stocks in Asia were mixed after notes from the Federal Reserve's latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors.
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