Global Market Update

Advisory Bazaar Info Services

• US Equity Markets: All major indices closed over 1% higher.

• European Equity Markets: All key indices closed in green except DAX.

• India–Singapore Meeting: Finance Minister Nirmala Sitharaman and External Affairs Minister S. Jaishankar will meet Singapore’s Deputy Prime Minister Gan Kim Yong at the 3rd India–Singapore Ministerial Roundtable in New Delhi.

• Crude Oil: Prices remained unchanged after a slight fall on Tuesday. Investors await Friday’s meeting between US and Russian leaders for fresh cues.

• Inflation Data: Consumer Price Index (CPI) inflation eased to 1.55% in July from 2.1% in June (Source: Ministry of Statistics and Programme Implementation).

• Consumer Food Price Index: –1.76% (June: –1.06%)

• Vegetable prices fell –20.7% in July (June: –19%).

• GIFT Nifty: Trading 150 points higher; Nifty futures likely to open around 24,650.