Adani Enterprises, Adani Power, Paytm, Tata Power, Union Bank of India are among stocks that will be in focus in today's trade.Asian equities ticked higher on Tuesday following the overnight rally in big tech that spurred a rebound in Wall Street stocks, though elevated Treasury yields kept risk sentiment in check.Tokyo stocks opened higher, with the benchmark Nikkei 225 index adding 0.92% in early trade, while the broader Topix index rose 0.71%. Shares advanced in South Korea as well, and Hong Kong stocks opened slightly higher after seven successive losses.Financial stocks may be under pressure after S&P Global Ratings downgraded the ratings of five US lenders on “tough" environment amid higher interest rates.Overnight on the Wall Street, The S&P 500 rose 30.06 points to 4,399.77 for its first gain in five days.
Rallies for Nvidia, Microsoft and other Big Tech stocks lifted the index even though the majority of stocks within it fell.The Dow Jones Industrial Average slipped 36.97 points to 34,463.69, and the Nasdaq composite climbed 206.81, or 1.6%, to 13,497.59. Download the App to get 14 days of unlimited access to Mint Premium absolutely free! Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!
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