🌏 Global Market Update
Advisory Bazaar Info Services
🔹 US equity markets closed at record highs on Monday, rising between 0.71% and 1.86%, driven by optimism over potential trade agreements between China and the US.
🔹 European markets ended on a flat to positive note.
🔹 Asian markets traded mixed on Tuesday as investors awaited a series of megacap technology earnings and key policy announcements from major central banks this week.
🔹 Sensex and Nifty traded higher by around 175 and 60 points respectively.
🔹 Crude oil prices remained steady after a two-day decline, as investors weighed signs of oversupply and the impact of US sanctions on Russian producers. Brent crude traded above $65 per barrel.
🔹 According to a Reuters report, India is considering increasing the foreign direct investment (FDI) limit in state-run banks from the current 20% to 49%.