Stock Market Live Updates: Sensex, Nifty set for modest gains on Fed rate pause hopes and strong data

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Asian stock markets saw modest gains as investors considered positive US jobs data, which suggests the Federal Reserve may be approaching the conclusion of its tightening measures.

At the opening bell, stocks in South Korea and Australia moved higher, while Japanese equities maintained slight upward momentum.

On Monday, Japanese stocks initiated the trading day on a positive note, with the Nikkei 225 index rising by 0.28%, equivalent to 110.59 points, to reach 32,811.21. Simultaneously, the broader Topix index climbed by 0.49%, or 11.36 points, to stand at 2,361.11.

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