Jan 11, 2017,
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Indian market may remain on back foot ahead of key corporate earnings this week. The market will also take cues investors looked to President-elect Donald Trump's news conference later in the day for any clues to his policies on tax, fiscal spending, international trade and currencies.
Asian shares stood near two-month highs. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed in early Wednesday trade. It stood at its two-month highs, essentially coming back to where it was just before the US election after recovering from their losses of over five percent. Japan's Nikkei ticked up 0.2 percent.
The S&P 500 ended the day unchanged on Tuesday as lower oil prices hurt energy stocks, offsetting advances in healthcare and financial sectors, while the Nasdaq ended at another record high.
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