Global Market Update

Advisory Bazaar Info Services

US equity markets closed sharply lower on Thursday, with indices falling between 1.65% and 2.29%.

European markets ended on a mixed note.

Asian markets are trading in the red this morning.

GIFT Nifty is trading almost flat, indicating that Nifty futures may open around 25,900 levels.

The biggest focus for the markets today will be the Bihar Assembly Election results, which will determine whether JD(U) chief Nitish Kumar secures a fifth consecutive term, or if there will be a change in government.

Asian equities weakened due to uncertainty surrounding the US Federal Reserve’s interest rate cut path.

Gold prices remained stable after a 0.6% decline in the previous session and are currently trading around $4,175 per ounce.