Sensex, Nifty Seen Opening Up As BJP Sweeps Delhi Elections

From Nasdaq: 2025-02-09 21:30:01

Indian shares are expected to open positively after BJP’s victory in Delhi. Foreign fund outflows and global trade war fears may limit gains. Markets to be influenced by global cues, Q3 earnings, and retail inflation data. Prime Minister Modi to visit the U.S. for talks with President Trump. Asian markets mixed ahead of Jerome Powell’s testimony. Dollar rises, gold edges up, oil stabilizes after new U.S. sanctions on Iran.

U.S. stocks fall on tariff and inflation concerns. Unemployment rate dips to 4%, but fewer jobs added in January. Nonfarm payrolls rise by 143,000, missing forecast. U.S. consumer sentiment drops unexpectedly, inflation expectations increase. Nasdaq Composite down 1.4%, Dow and S&P 500 also decline.

European stocks close lower on earnings reports and U.S.-China trade tensions. STOXX 600 down 0.4%, German DAX, French CAC 40, and UK’s FTSE also decline.



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