📊 Global Market Update

Advisory Bazaar Info Services

🔹 Global Equities

* US equity markets closed lower, with major indices declining between 0.25% and 1.16%.

* European equity markets, except the FTSE, ended the session in negative territory.

* Asian equity markets are trading with a negative bias this morning.

* GIFT Nifty is down by around 150 points, indicating that Nifty Futures may open near the 24,230 level.

🔹 Key Market Drivers

* Investor sentiment weakened after fresh geopolitical tensions emerged in the Middle East following new US military strikes on Iran, raising concerns over regional stability and global energy supplies.

* According to US officials, American forces carried out overnight strikes on an Iranian military facility believed to pose a threat to US personnel and commercial vessels operating in the Strait of Hormuz.

* In response, Iran’s Islamic Revolutionary Guard Corps (IRGC) claimed it had targeted a US air base following an American strike near Bandar Abbas Airport.

🔹 US Markets

* The Nasdaq posted a sharp decline on Tuesday, led by losses in Micron Technology and other semiconductor stocks as investors questioned the sustainability of Wall Street’s AI-driven rally.

🔹 Crude Oil

* Crude oil prices moved higher amid escalating geopolitical tensions.

* Brent Crude surged as much as 2.8% to trade above $76 per barrel, while WTI Crude climbed above $72 per barrel.

📌 Escalating geopolitical tensions and rising crude oil prices are likely to keep global financial markets volatile in the near term.