📊 Global Market Update
Advisory Bazaar Info Services
🔹 U.S. equity markets settled on a flat to positive note.
🔹 European equity markets also ended the session in positive territory.
🔹 Asian equity markets are trading mixed.
🔹 GIFT Nifty is little changed, and Nifty futures are likely to open around the 23,480 level.
🔹 A fresh complaint has alleged insider trading by Samir Agarwal, former Zonal Head of Eastern India at IndusInd Bank. The complaint also includes allegations of financial record manipulation, evergreening of microfinance loans, suppression of audit findings, and attempts by senior management and board members to conceal irregularities.
🔹 Wall Street indices retreated from record highs and opened lower on Tuesday as investors awaited greater clarity on U.S.-Iran truce negotiations.
🔹 Most Asian markets are trading higher. Japan’s Nikkei 225 climbed to a record high on Wednesday as investors remained optimistic despite concerns over U.S.-Iran tensions and their potential impact on global energy supplies.
🔹 Oil prices extended gains for a third consecutive session on Wednesday as hopes of easing tensions between the U.S. and Iran faded. Renewed fighting in the Middle East heightened concerns over global crude oil supplies, pushing Brent crude closer to $97 per barrel.
Source: International Market Reports