Global Markets Surge: Gift Nifty Rises, Asian Markets Up on Trump's Greenland Deal Remarks
Business
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Moneycontrol•22-01-2026, 08:41
Global Markets Surge: Gift Nifty Rises, Asian Markets Up on Trump's Greenland Deal Remarks
- •Gift Nifty shows strong gains, trading nearly 200 points higher, reflecting positive market sentiment.
- •US markets rallied significantly, with Dow Jones up 600 points and S&P500 seeing its biggest gain since November, following assurances on Greenland and European tariffs.
- •Asian markets are trading higher, with Nikkei up 1.86%, Taiwan up 1.73%, and Kospi gaining 1.93%.
- •Donald Trump praised a potential Greenland deal, emphasizing its importance for US security and mineral rights, while ruling out military action.
- •The EU Parliament suspended its trade deal with the US, postponing the ratification vote indefinitely after Trump's statements.
Why It Matters: Global markets, especially in Asia and the US, are rallying due to positive sentiment from Trump's Greenland remarks.
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