Global Market Update

Advisory Bazaar Info Services

Global markets are witnessing a cautious start to the week amid renewed geopolitical tensions and changing expectations around U.S. interest rates.

📊 Equity Markets

* US equities: Major indices ended lower on Friday, declining in a range of 0.018% to 0.52%.

* European equities: Markets closed higher.

* Asian equities: Markets are trading with a negative bias.

* GIFT Nifty: Down around 80 points, indicating a likely Nifty Futures opening near 24,220.

🏦 HDFC Bank Update

Sashidhar Jagdishan, CEO and Managing Director of HDFC Bank, has decided not to seek reappointment and will retire on October 26, 2026. The bank’s board had attempted to convince him to continue, but he confirmed his decision to retire.

🇺🇸 US Rate Outlook

Wall Street ended lower on Friday as investors turned cautious after Federal Reserve Chair Kevin Warsh reiterated the central bank’s focus on controlling inflation. This has increased expectations of a potential U.S. rate hike.

🌏 Asian Markets & Geopolitical Risk

Asian markets opened lower on Monday following renewed fighting between the United States and Iran. The escalation has pushed oil prices higher, while elevated bond yields reflect increased expectations of tighter U.S. monetary policy.

🛢️ Crude Oil

International crude oil prices gained more than $1 per barrel on Monday following the U.S. attack on Iran, as the Middle East conflict extends into its sixth month.

Brent crude futures rose to around $89.18 per barrel.

🔎 Market Outlook

Global markets are likely to remain sensitive to geopolitical developments, crude oil prices, U.S. inflation trends, bond yields and Federal Reserve policy expectations. Higher oil prices could add to inflationary pressures and increase volatility across equities and currencies.