📊 Global Market Update

Advisory Bazaar Info Services

🔹 The U.S. stock market remained closed on Friday due to the Juneteenth federal holiday.

🔹 European stock markets closed flat to slightly lower.

🔹 Asian markets are showing mixed trading activity today.

🔹 The Sensex and Nifty recorded gains of around 320 points and 96 points, respectively.

🔹 Billionaire Mukesh Ambani’s Jio Platforms reportedly filed draft papers for an IPO on Friday. The company plans to issue approximately 270 million shares. The funds raised are expected to be used to reduce debt at its subsidiary, Reliance Jio Infocomm.

🔹 U.S. markets were closed on Friday, June 19, due to the Juneteenth holiday.

🔹 Uncertainty over Middle East tensions continues, leading to mixed trading in Asian markets on Monday. Discussions between the U.S. and Iran are ongoing, while Donald Trump has warned of possible new military actions.

🔹 Crude oil prices moved higher, with Brent Crude rising above $82 per barrel. Increasing Middle East tensions and geopolitical uncertainty are being cited as the main reasons behind the rise.