📊 Global Market Update 📊

🔸 US Equity Markets – Ended flat to negative.

🔸 European Equity Markets – Most indices closed in the red, except CAC, which ended in green.

🔸 Indian Stock Market – Sensex is trading up by 1,032 points and Nifty by 357 points.

🌍 International Developments

• China’s Foreign Minister Wang Yi (also a Politburo member of the Communist Party of China) will visit India on 18–19 August.

• He will join National Security Adviser Ajit Doval for the 24th round of Special Representatives’ Talks on the India–China boundary issue.

🇺🇸 Political Activities

• Investors are keeping a close watch on the meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy.

• After the recent US–Russia summit concluded without new sanctions, markets are looking for cues from this meeting.

🛢 Commodity Update

• West Texas Intermediate (WTI) crude fell 0.2% to $62.65 per barrel.

🇮🇳 Government of India Announcement

• Prime Minister Narendra Modi announced that the government will implement the next-generation GST reform by Diwali.

• The reform promises relief for domestic consumers through lower taxes on essential goods.