🌐 Global Market Update

Advisory Bazaar Info Services

🔸 US Markets

All major US equity indices, except NASDAQ, closed higher. Market sentiment improved in the tech sector after a strong report from Broadcom Inc., helping US markets finish at elevated levels.

🔸 European Markets

European equity markets ended on a flat to positive note.

🔸 Asian Markets

Most Asian markets are trading with a positive bias today. Strong cues from US equity markets and new highs in global benchmarks have supported Asian indices.

The Federal Reserve’s third consecutive interest rate cut has also boosted overall market sentiment.

🔸 GIFT Nifty

GIFT Nifty is trading about 100 points higher.

Nifty futures are expected to open around the 26,130 level.

🔸 India–US Relations

Indian Prime Minister Narendra Modi and US President Donald Trump held a telephone conversation on Thursday. Both leaders discussed strengthening cooperation in trade, critical technologies, energy, defence, and security.

Modi wrote on X:

“Had a very warm and meaningful conversation with President Trump. Reviewed progress in bilateral relations and discussed regional and global issues. India and the US will continue working together for global peace, stability, and prosperity.”

🔸 Crude Oil

Oil prices have recovered from their two-month lows. Amid positive market sentiment, Brent crude stabilized above $61.