Asian markets trim loss on Monday as Russia and US allude to talks
Owing to uncertainty between Russia and Ukraine, markets were bearing loss.
Asian markets trim loss as Russia and US accede on talks over Russia-Ukraine crisis.
The stand-off between Russia and Ukraine was aggravating. Until on Monday, Biden and Putin agreed to talk in principle the Ukraine crisis as French President Macron proposes a summit. US secretary of state says that US wants to prevent any way.
Stock Markets on Friday made loss across globe
On Friday, the stock exchanges in US settled on lower end. On Wall Street, the Dow Jones Industrial Average dropped 0.68%, the S&P 500 fell by 0.72%, and the NASDAQ Composite lost 1.23%.
While, On Friday in India, NIFTY 50 closed in red for the third consecutive day.
Asian Markets trim loss on Monday
Asian stock exchanges and Wall Street exchanges could trim losses made on Friday due to potential war induced uncertainty. Moreover, MSCI’s exchange of Asia-Pacific trimmed their losses to be at a low of 0.4%.
Further, Nikkei index of Japan could halve its Friday’s loss to be at 0.9%.
However, Nifty Futures index of Singapore starts in red on Monday. It starts 121 points or 0.7% lower.
Thus, it signals that Dalal Street in India, NIFTY 50 and BSE sensex might start in red too. Although, it may trim loses alike to others.
