🌍 GLOBAL MARKET UPDATE
📅 10 July 2026
Advisory Bazaar Info Services LLP
📈 Global Markets Trade Higher
🇺🇸 US Markets: Major US indices closed higher, gaining between 0.27% and 1.30%.
🇪🇺 Europe: European markets ended in positive territory, with the exception of the FTSE.
🌏 Asia: Asian equity markets are trading higher, supported by renewed buying in technology and semiconductor stocks.
🇮🇳 India: Sensex and Nifty are trading higher, with gains of approximately 210–730 points.
💼 TCS Q1 FY27 Results
✅ Consolidated net profit rose 4.6% YoY to ₹13,349 crore.
✅ Revenue increased 14% YoY to ₹72,275 crore.
✅ Interim dividend of ₹12 per share declared.
✅ Strong order book of US$9.5 billion.
✅ Continued momentum in AI-led business initiatives.
💻 Technology Stocks Lead the Rally
The Nasdaq closed sharply higher as Micron Technology sparked a strong rally in semiconductor stocks. Optimism surrounding AI-driven demand outweighed concerns over renewed US-Iran tensions and inflation risks.
🌏 Asian Markets
Asian equities are also trading in positive territory as investors continue to accumulate semiconductor stocks amid growing confidence in AI-related demand.
🛢️ Crude Oil Update
Brent crude remained stable near US$76 per barrel at the end of a volatile week. Despite renewed fighting in the Middle East, ongoing US-Iran talks have helped ease supply concerns, although traffic through the Strait of Hormuz remains significantly affected.
📌 Market Outlook
Global market sentiment remains positive, supported by strong corporate earnings, continued optimism in the AI sector, and stable crude oil prices. However, investors will continue to closely monitor developments in the Middle East and upcoming macroeconomic data.
⚠️ Disclaimer: This update is for informational purposes only and should not be considered investment advice.