Global Market Summary (16 January 2025) 

US Markets : U.S. equity markets ended higher, with major indices gaining between 1.5% and 2.5%. Optimism was driven by easing inflation data, raising hopes of potential rate cuts by the Federal Reserve.

European Markets: European stocks closed higher, gaining within a range of 0.5% to 1.5%, supported by global sentiment.

Asian Markets: Asian markets are trading higher on Thursday, taking positive cues from Wall Street’s overnight rally. Chinese futures indicated a cautious start as the market digested news about gradual tariff adjustments by the U.S. administration. The CSI 300 paused its two-day rally.

Crude Oil: Brent crude prices rose by 2.64%, trading at $82.03 per barrel, likely reflecting improving demand and geopolitical stability.

Indian Markets: The Indian rupee strengthened by 28 paise, closing at 86.36 per US Dollar. Sensex and Nifty gained 300 points and 112 points, respectively, reflecting strong domestic and global market sentiment.