Nikkei again shooting up today; Indian markets may see a mixed day

Most markets across the world were closed yesterday, 25^th December, on account of Christmas holiday. US markets closed the day in green on Wednesday, 24^th November. This after weekly jobless claims in the previous week came down. Nasdaq closed the day on Wednesday, up by 51.46 points or 0.22%. Dow Jones closed the day, up by 288.75 points or 0.60%. S&P 500 closed the day, up by 22.26 points or 0.32%.

European markets ended on a flat note on Wednesday

European markets ended more on a flat note on 24^th December. Euro Stoxx 50 ended the day, up by 2.55 points or 0.044%. FTSE 100 ended the day, down by 18.54 points or 0.19%. Dax was closed due to holiday on Wednesday.

Nikkei gaining again today

Nikkei 225 is shooting up today. At 8:55 a.m. IST, 26^th December, it is up by 509.14 points or 1.01%. Shanghai Composite is down by 13.21 points or 0.33%. Kospi is up by 29.83 points or 0.73%. Hang Seng is closed today.

Indian equity markets may see a mixed day today

Indian equity markets may see a mixed day today. FII activity may remain muted on account of Christmas holiday season. Markets may see short term profit booking in stocks that gained on Wednesday. Indian markets were also closed on Thursday, 25^th December, on account of Christmas holiday. Shares of Hindustan Copper that gained more than 6% on Wednesday may see some profit booking today. Some buying on dips may also be seen today. Overall market sentiments are likely to remain cautious in the last days of the year.

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Source: Dow Jones