📊 GLOBAL MARKET UPDATE

Advisory Bazaar Info Services

🌍 Global Market Overview

🔹 US equity markets, except NASDAQ, closed higher.

🔹 European equity markets ended in positive territory, gaining between 0.25% and 1.14%.

🔹 Most Asian equity markets are trading lower in early Friday trade.

🔹 GIFT Nifty is little changed, indicating that Nifty Futures may open around the 23,550 level.

🏦 Focus on RBI Policy Decision

Following the three-day meeting of the Reserve Bank of India’s Monetary Policy Committee (MPC), the central bank is set to announce its policy decision today. Market participants largely expect the repo rate to remain unchanged at 5.25%. However, a small section of analysts anticipates a rate hike due to persistent pressure on the rupee and concerns over inflation risks.

📈 Wall Street Ends Higher

US markets closed higher on Thursday as optimism over progress toward ending the Iran conflict boosted investor sentiment. However, disappointing earnings from Broadcom triggered a sell-off in semiconductor stocks, weighing on the NASDAQ.

📉 Asian Markets Under Pressure

Asian markets are trading lower on Friday morning, with South Korea’s Kospi falling as much as 7%, led by declines in shares of Samsung Electronics and SK Hynix.

🛢️ Crude Oil Remains Steady

Brent crude oil held near $95.20 per barrel after declining in the previous session. Oil prices eased as investors assessed the possibility of a diplomatic breakthrough between the US and Iran following a conditional ceasefire between Israel and Lebanon.

⚠️ Market sentiment today will be driven by the RBI policy outcome and global developments.