Asian markets are trading cautiously ahead of the highly anticipated US trade talks, which are expected to shape the global economic landscape.
- US-China trade tensions have been a major concern for investors
- The ongoing US-China trade tensions have created uncertainty and volatility in the markets
- Asian markets are waiting to see how the talks will play out
The Nifty futures market is indicating a positive start to the day, with the index expected to break above the 58,000 mark.
| Nifty Index | Current Price | Expected Price |
| 58,000 | 57,800 | 58,100 |
Reliance Industries’ strong earnings report is set to boost the case for large-cap stocks, following a strong showing from banking giants ICICI Bank and HDFC Bank.
- Reliance Industries’ earnings report is expected to be strong
- The company’s strong results are likely to boost the case for large-cap stocks
- More fund managers may follow suit and recommend a buy on Reliance
Adani Green Energy and Adani Energy Solutions are still trading a steep discount to their pre-Hindenburg forward valuations, but Jefferies sees this gap as room for a rally as both companies execute their investment plans.
- Adani Green Energy and Adani Energy Solutions are trading at a discount
- Jefferies sees this gap as room for a rally
- The broker expects further gains on improved execution
Gold prices took a breather late last week after hitting record highs, but JPMorgan expects the precious metal to stay elevated, driven by sustained central bank purchases and growing investor demand, particularly from ETFs and China.
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