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India's GIFT Nifty Leads Strong Opening as Asian Markets Rally
Asian equity markets posted notable gains on Friday, boosting sentiment for India. South Korea's Kospi surged up to about 15% in early trading, driven by strong buying in chip makers. Japan's Nikkei 225 rose roughly 5.3%, while China's CSI 100 climbed about 1.8%. In India, the GIFT Nifty advanced about 89 points to around 24,447‑24,449, a rise of roughly 0.23%, signaling a positive start for the domestic market. The US also posted solid gains after major tech firms reported strong quarterly results, with the Dow Jones up 1.19%, the S&P 500 up 1.66% and the Nasdaq Composite up 2.78%. Commodity prices slipped modestly; Brent crude traded near $88.18 a barrel, down about 0.95%, and gold futures fell around 0.22%. Meanwhile, the US Federal Reserve kept its benchmark interest rate unchanged in the 3.50%‑3.75% range for the fifth consecutive meeting.
Entities
GIFT Nifty · Indian stock market · KOSPI · Nikkei 225 · U.S. Federal Reserve
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] China's CSI 100 index increased about 1.83%. hindi.business-standard.com
- [○ 1 SOURCE] Japan's Nikkei 225 index rose approximately 5.35%. hindi.business-standard.com
- [○ 1 SOURCE] Gold futures slipped about 0.22%. hindi.business-standard.com
- [○ 1 SOURCE] The US Federal Reserve kept its benchmark interest rate unchanged in the 3.50%‑3.75% range for the fifth consecutive meeting. newsindialive.in
- [○ 1 SOURCE] Brent crude futures traded around $88.18 per barrel, down roughly 0.95%. hindi.business-standard.com
- [○ 1 SOURCE] South Korea's Kospi index surged up to about 15% in early trading. hindi.business-standard.com
- [○ 1 SOURCE] US Dow Jones closed up 1.19%, S&P 500 up 1.66% and Nasdaq Composite up 2.78% after strong earnings from major tech firms. hindi.business-standard.com
- [● 3 SOURCES] GIFT Nifty rose about 89 points to roughly 24,447‑24,449, a gain of around 0.23%. newsindialive.in · hindi.business-standard.com · www.ibc24.in