📌 Global Market Update

Advisory Bazaar Info Services

🔹 U.S. equity markets closed on a flat note.

🔹 European equity markets declined, except for the FTSE.

🔹 Most Asian equity markets are trading in the green.

🔹 GIFT Nifty is nearly unchanged, indicating a possible opening for Nifty futures around 26,050.

🔸 As of 10 February 2026, India’s net direct tax collection for the current financial year rose 9.4% to approximately ₹19.44 lakh crore.

▪️ Corporate tax collection increased 14.51% to ₹8.90 lakh crore.

▪️ Non-corporate tax collection (including individuals and HUFs) grew 5.91% to about ₹10.03 lakh crore.

▪️ Securities Transaction Tax (STT) collection between 1 April 2025 and 10 February 2026 stood at ₹50,279 crore, nearly unchanged from the same period last year.

🔸 Stronger-than-expected U.S. jobs data triggered a sell-off in Treasuries, reducing expectations of Federal Reserve rate cuts in 2026. After an initial rise, gains in major equity indices faded.

🔸 Most Asian markets have risen for a fifth consecutive session, outperforming U.S. markets this year, supported by attractive valuations and strong growth momentum.

🔸 Crude oil prices strengthened amid U.S.–Iran tensions.

WTI rose over 1% on Wednesday to near $65 per barrel, while Brent closed above $69 per barrel.