Stocks in most Asian markets climbed this morning as treasuries clawed back some losses, but the trade setup looked weak on Dalal Street after the Maharashtra government’s decision to bring in stricter curbs to contain the spread of coronavirus.
That said, here’s what will drive the market during the day.
Asian shares were trading flat to positive on Tuesday as investors shook off earlier worries about a hedge fund default that roiled global banking stocks overnight, while rekindled concerns about inflation pushed bond yields higher. Hong Kong’s Hang Seng rose 0.3 per cent to 28,433.19, Korea’s Kospi added 0.5 per cent to 3,050.83. Japan Nikkei edged 0.08 per cent lower at 29,360.98