📌 Global Market Update
Advisory Bazaar Info Services
🔹 U.S. equity markets closed with a flat to negative bias.
🔹 In European markets, all major indices ended higher except the CAC.
🔹 Asian markets are currently showing a negative trend.
🔹 GIFT Nifty is nearly flat, while Nifty futures are likely to open around the 25,430 level.
🔹 Bank guarantees issued in favor of the exchange or clearing house must be supported by at least 50% collateral, with a mandatory 25% in cash. When accepting equity shares as collateral, a minimum haircut of 40% will apply.
🔹 Wall Street ended the week with its worst weekly performance since November. Concerns about the potential impact of artificial intelligence on corporate earnings weighed on markets, although cooling inflation has kept expectations of interest rate cuts by the Federal Reserve intact.
🔹 Weak economic data from Japan slowed the pace of gains in Asian markets, with indices consolidating in negative territory.
🔹 Crude oil prices remained steady at the start of the week as traders monitored geopolitical risks. Talks between the U.S. and Iran are expected to resume on Tuesday, while Brent crude oil is trading below $68 per barrel.