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Stock Market Live Updates: Asian markets edge up with eyes on interest rate shifts after US rally
Sensex, Nifty, Share Prices LIVE: Asian markets mirrored the upbeat tone set by US stocks, inching closer to record highs amid expectations of declining interest rates. Japan’s Nikkei 225 surged 1.13%, while South Korea’s KOSPI had a slight dip of 0.35%. Australian shares soared to a 20-month peak, driven by Wall Street’s robust performance, as the S&P/ASX 200 index jumped 0.92%. This rise, reaching 7,570.40, marked its highest level since April 2022. Investors remained buoyant after a long holiday weekend, finding encouragement in the US market’s strength. The global optimism fuelled by potential interest rate adjustments continued to steer Asian markets, setting an encouraging tone for the day.