Indian shares expected to open lower after U.S. stocks fell, impacted by strong dollar and yields

From Nasdaq: 2025-01-02 21:35:50

Indian shares are expected to open lower after U.S. stocks fell for the fifth consecutive day. A strong dollar and high U.S. Treasury yields may also impact markets. The Sensex and Nifty rose on Thursday ahead of earnings season, while the rupee fell against the dollar. Asian stocks were mostly higher, driven by optimism around potential interest rate cuts in China and positive news from South Korea’s tech sector. The dollar is on track for its best week since November, while oil prices rose on China’s economic prospects. U.S. stocks ended lower, with tech stocks slipping and European stocks closing higher despite manufacturing downturns.



Read more at Nasdaq: Sensex, Nifty Seen Lower At Open After Strong Rally