Global Market Update –

Advisory Bazaar Info Services

Global markets witnessed sharp volatility on Tuesday.

US and European markets continued to remain under pressure, while Asian markets traded with a positive bias.

In China, zinc production is at record levels, and exports have surged amid a global supply shortage. Zinc exports are estimated to reach nearly 50,000 tonnes in November–December, compared to just 10,000 tonnes in October.

On the domestic front, Sensex and Nifty are trading in the green with gains of 190 and 45 points respectively.

Crude oil prices remain steady, with WTI crude trading below $61 per barrel.

Conclusion:

Global markets are giving mixed signals. Investors are keeping a close watch on the weakness in the US tech sector, rising zinc exports from China, and the subdued trend in crude oil. Stability in Asian markets may provide support to Indian equities.