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Asian markets trade higher in early deals on Wednesday

29 Jan 2025 Evaluate
Asian markets traded higher in early deals on Wednesday, with lack of major directional cues and as most of the indices closed for Lunar New Year holidays. Market participants sidelined ahead of the US Fed's interest rate decision later in the day. Japan’s Nikkei soared with the bargain hunting in technical sector after Tuesday’s sell off. Participants also digested BoJ's minutes which pointed cautious approach on monetary policy depending on inflation trends, wage growth, and global economic risks.

Nikkei 225 up by 316.94 points 0.81% to 39,333.81.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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