📊 Global Market Update

Advisory Bazaar Info Services

🔹 US equity markets closed on a flat to positive note.

🔹 European equity markets ended higher, gaining between 0.22% and 1.13%.

🔹 Asian equity markets are trading in positive territory.

🔹 GIFT Nifty is up by nearly 250 points, indicating that Nifty Futures may open around the 23,930 level.

🔹 Crude oil prices fell to a two-week low on Monday amid optimism over a possible peace agreement between the US and Iran. However, differences remain on key issues such as the Strait of Hormuz blockade, which continues to impact oil supply from the Middle East.

🔹 US stock markets closed higher on Friday, supported by hopes of easing Middle East tensions and strong buying in artificial intelligence (AI)-related stocks.

🔹 Asian markets are witnessing positive momentum as softer oil prices have raised hopes of the Strait of Hormuz reopening.

🔹 Crude oil prices witnessed a sharp decline after signs of progress emerged in potential negotiations between the US and Iran. Global benchmark Brent crude dropped around 5.4% to nearly $97.97 per barrel.