📌 Global Market Update
Advisory Bazaar Info Services
🔹 U.S. equity markets ended lower. The Dow Jones Industrial Average closed flat, while other major indices finished down between 0.54% and 1.18%.
🔹 European equity markets closed higher, gaining between 0.37% and 0.72%.
🔹 Most Asian markets are trading in the red.
🔹 Sensex and Nifty are trading lower by 280–95 points.
🔹 India’s weight in the MSCI Emerging Markets Index has slipped from second to fourth position over the past year:
▪️ China – 26.58%
▪️ Taiwan – 21.04%
▪️ South Korea – 15.65%
▪️ Brazil – 4.63%
▪️ Other markets – 18.75%
🔹 On Wall Street, markets recovered from early losses as crude oil prices eased. Signs of progress in U.S.–Iran nuclear talks provided support to sentiment.
🔹 Asian markets remained weak. A muted reaction to earnings from Nvidia Corporation dampened investors’ risk appetite.
🔹 In India, the government is scheduled to release the second advance estimate of December-quarter GDP and the annual growth rate today.