🌍 Global Market Update

Advisory Bazaar Info Services

🔹 US Equity Markets

US equity markets closed higher, posting gains in the range of 0.64% to 1.23%, led by strong buying interest in technology stocks.

🔹 European Markets

European equity markets also ended in positive territory, rising between 0.20% and 1.32%.

🔹 Asian Markets

Asian equity markets are trading in the green. The MSCI Asia Pacific Index is advancing for the fourth consecutive session, moving closer to record highs.

🔹 GIFT Nifty / India Cues

GIFT Nifty is up by around 60 points, indicating an opening for Nifty futures near the 26,380 level.

🔹 Banking Sector Update

The Indian banking system’s Loan-to-Deposit Ratio (LDR) reached a record 81% in the December quarter.

Large banks such as HDFC Bank have LDR levels close to 100%, raising concerns about the need to increase deposit rates and their ability to fully benefit from any potential RBI rate cuts.

🔹 Geopolitical Update

Geopolitical tensions have escalated following the arrest of Venezuelan President Nicolás Maduro in a US-led action.

This development supported a rise in crude oil and gold prices.

🔹 Precious Metals

After an initial rally, gold and silver witnessed mild profit-taking.

Market focus has now shifted to upcoming US economic data for further direction.