Asian markets are trading lower, as investors await details on the U.S.-Vietnam trade agreement announced by President Donald Trump on Wednesday and braced for a key U.S. jobs report that could support potential rate cuts by the Federal Reserve.
We prefer Hero Motocorp and Bajaj Auto in 2Ws (TVS, Eicher seem fully valued at CMP); M&M (non-coverage) as a play in the PV/LCV/tractor segment, followed by Maruti in PVs. We also like Ashok Leyland in the CV space, followed by a close watch on Eicher (VECV) for any market share gains.
Asian markets are trading mixed, as investors assess recent economic data, latest comments from U.S. Federal Reserve Chair Jerome Powell and a slew of central bank rhetoric. Nikkei and Shanghai are trading lower by 1.01% and 0.14%, respectively, while Hang Seng is trading higher by 0.52%.
Asian markets are trading mixed, as investors evaluate the gains on Wall Street and consider the global effects of U.S. President Donald Trump's tariff measures, with his 90-day tariff pause set to expire next week. Nikkei and Hang Seng are trading lower by 1.06% and 0.87%, respectively
We recommend the following stocks: HDFC Bank, Bajaj Finance, Shriram Finance, Avenue Supermarts, State Bank of India, Lupin, Hero Motocorp, Max Healthcare, Colgate, Kalpataru Projects, APL Apollo Tubes, Varun Beverages, Bharti Airtel, Prestige Estates, and Sansera Engineer.
Asian markets are trading mixed, as investors analyse trade negotiations and various economic data, including South Korea and Japan's industrial output figures for May, as well as China's purchasing managers' index readings for June. Nikkei and Shanghai are trading higher by 1.62% and 0.11%.
Asian Markets are trading positively, tracking Wall Street gains after the White House downplays tariff deadlines. The Nikkei, Hang Seng, and Shanghai are all trading positively by 1.47%, 0.36% and 0.22% respectively.
Asian Markets are mostly trading negatively as investors weigh the easing of Middle East tensions. Nikkei is up 1.01%, whereas Hang Seng and Shanghai are down 0.54% and 0.10%, respectively.
Asian Markets are trading mixed as investors weigh Fed comments and the Israel-Iran ceasefire. Nikkei and Hang Seng are up 0.19% and 0.83%, respectively, whereas Shanghai is down 0.02%.
Asian Markets are trading positively after Trump said Israel and Iran agreed to a ceasefire. Nikkei, Hang Seng, and Shanghai are up by 1.33%, 1.66%, and 0.91%, respectively.
Asian Markets plunged as the U.S. bombing of Iran escalated the Middle East crisis. Nikkei, Hang Seng and Shanghai are all down by 0.56%, 0.83%, and 0.31%, respectively.
Asian Markets traded mixed as investors assessed China data and monitored escalating Israel-Iran Tensions. Nikkei and Shanghai were down 0.11% and 0.08%, respectively, while Hang Seng was up 0.68%.
Asian Markets trade lower as investors weighed the US Fed's decision to keep interest rates steady, while the ongoing conflict between Israel and Iran continues to dent sentiment. Nikkei, Hang Seng and Shanghai were down 0.76%, 1.00%, and 0.39% respectively.