🌍 Global Market Update

Advisory Bazaar Info Services

🔹 U.S. equity markets closed higher in the range of 0.26% to 0.78%.

🔹 European equity markets ended higher by 0.80% to 1.22%.

🔹 Asian equity markets are trading in the green.

🔹 Sensex–Nifty is trading lower by around 60 to 5 points.

🔹 Tata Sons is preparing to call an EGM after the board formally approves the reappointment of N. Chandrasekaran as Executive Chairman for a third term next week. This move is considered an exception to the retirement policy for non-executive roles after the age of 65. A similar waiver was granted in 2016 when Ratan Tata succeeded Cyrus Mistry as Chairman. Chandrasekaran will turn 63 in June.

🔹 U.S. equities rose on Wednesday as strong economic data and positive developments among Big Tech companies renewed investor enthusiasm.

🔹 Asian markets also advanced following the rebound in technology stocks and robust U.S. economic indicators.

🔹 Oil prices steadied after their biggest daily gain since October, amid reports suggesting that potential U.S. military intervention in Iran could occur sooner than expected.