📊 Global Market Update
Advisory Bazaar Info Services
US equity markets, except the Dow Jones Industrial Average, ended in the green.
European markets also closed higher, barring the FTSE 100.
Asian equity markets are currently trading with a positive bias.
🇮🇳 Indian Market Outlook:
Sensex and Nifty gained 661 and 196 points respectively.
Indian equities are likely to open higher on Monday, supported by easing crude oil prices and signs of de-escalation in the Middle East conflict. Investors will also keep a close watch on the results of key assembly elections.
🛢️ Crude Oil Update:
After hitting a four-year high of $126.41 per barrel last week, Brent Crude has eased to around $108 per barrel.
📈 Global Cues:
On Friday, the S&P 500 Index extended its rally, marking a fifth consecutive week of gains, driven by strong earnings from technology companies.
Asian markets are also trading higher, supported by robust corporate earnings, particularly in the tech sector.
🛢️ Oil prices remain volatile amid uncertainty over plans by Donald Trump regarding safe passage for neutral ships through the Strait of Hormuz.
➡️ Overall, global cues remain positive, which may support Indian markets in the near term.