Sensex, excellent, which is better seen at birth based on solid global cues

(RTTNews) – Indian stocks are exploring a location to open better on Wednesday, following solid signs from global markets.

Speaking of which, volatility cannot be ruled out, which could be attributed to concerns over Trump’s tariff stance, weak corporate profits and persistent foreign capital outflows.

HDFC Bank and HUL are among the famous companies that will report their quarterly results at this time.

The benchmark Sensex and Nifty fell 1.6 percent and 1.4 percent respectively on Tuesday, attributable to uncertainty over Trump’s tariff plans. The rupee fell 14 paise to 86.59 against the dollar.

On Tuesday, foreign institutional dealers (FIIs) furnished shares worth Rs 5,920.28 crore on a receipt basis, while domestic institutional dealers (DIIs) furnished shares to the tune of Rs. 3,500.32 crore, according to provisional data.

Asian stocks were mixed, with Japan’s Nikkei up 1.5 percent, led by tech stocks as Netflix Inc. reported its largest quarterly subscriber volume in history, and Trump recently launched a funding round for an artificial intelligence brand. The Yen has gained quite a bit amid expectations of a BoJ rate hike this week.

Benchmarks in mainland China and Hong Kong fell more than 1 percent after Trump announced he was considering a 10 percent tariff on China starting Feb. 1 and vowed to hit the European Union with tariffs.

The decline in yields on Asian alternatives and US Treasuries due to the dollar widened sharply after falling in the previous session, while gold held on to an 11-week high attributed to alternative political uncertainty under Trump.

Trump’s emergency vitality advisory has extended oil’s decline, raising concerns about oversupply.

U.S. stocks hit a solid single-day high as bond yields edged lower on strained optimism and Trump’s Inauguration Day policy bulletins on tariffs were seen as more dovish than expected.

The Dow rose 1.2 percent, the S&P 500 jumped 0.9 percent and the tech-heavy Nasdaq Composite won 0.6 percent

European stocks also finished better on Tuesday, led by financial and healthcare stocks.

The pan-European STOXX 600 rose 0.4 percent. Germany’s DAX added 0.3 percent, France’s CAC 40 advanced half a percent, the FTSE 100 U.Okay. and won by 0.3 percent.

The views and opinions expressed herein are those of the creator and are not necessarily those of Nasdaq, Inc.