Indian Markets Closed For Holiday; Global Markets Edge Up As Trump Pauses Tech Tariffs

From Nasdaq: 2025-04-13 22:35:00

Indian stock markets were closed for Dr. Baba Saheb Ambedkar Jayanti. This week, earnings reports from IT majors Wipro and Infosys, as well as private banking majors HDFC Bank and ICICI Bank are expected. Asian markets were up, with a focus on technology stocks after a pause in new tech tariffs. The dollar weakened against major currencies, while oil stabilized. Gold prices ticked higher as Goldman Sachs raised its outlook to $3,700 an ounce. U.S. stocks rose on optimism about a trade deal with China. European stocks fell after a delay in new tariffs and a surge in U.S. inflation expectations.



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