📊 Global Market Update

Advisory Bazaar Info Services

🔹 US equity markets closed on a flat to slightly negative note.

🔹 European equity markets witnessed sharp declines, with major indices ending lower in the range of 2% to 2.90%.

🔹 Most Asian equity markets are trading in the green today.

🔹 GIFT Nifty is trading higher by around 100 points, indicating that Nifty Futures may open near the 23,200 level.

🔹 Crude oil prices eased after hitting their highest levels since mid-2022.

🔹 Brent Crude slipped near $107 per barrel, while WTI Crude is hovering around $94 per barrel.

🔹 The decline came after signals from the US and Israel suggesting efforts to calm rising tensions in the Persian Gulf.

🔹 US President Donald Trump clarified that the US will not deploy ground troops, while Israeli Prime Minister Benjamin Netanyahu indicated that Israel may avoid further attacks on Iran’s energy infrastructure.

🔹 Volatility in US markets also eased as stocks and bonds recovered from their lows after the surge in oil prices slowed down.

🔹 Asian markets are seeing early gains on Friday, supported by the rebound in US markets and softer oil prices.

 Overall Indication:

Global cues are mixed to slightly positive, suggesting a mildly positive opening for the Indian equity markets.