Global Market Update

Advisory Bazaar Info Services

Global Equity Markets

U.S. equity markets settled lower on Monday, with major indices declining in the range of 0.12% to 0.70%. Wall Street ended the month on a cautious note as renewed geopolitical tensions pushed crude oil prices higher, reviving inflation concerns and raising expectations of tighter monetary policy.

European equity markets also ended lower, with major indices declining between 0.80% and 1.19%.

Most Asian equity markets are trading in negative territory on Tuesday as renewed fighting in the Middle East has unsettled investors and increased risk aversion.

Indian Market Outlook

GIFT Nifty is down around 40 points, indicating a weak opening for the Indian equity market. Nifty Futures are likely to open around the 24,180 level.

India’s economic growth remained strong despite moderating from the 8.6% expansion recorded in the previous three-month period. Growth was substantially higher than the 6.9% recorded in Q1 of FY2025-26.

The average growth during the first two quarters of calendar year 2026 stood at 8.2%, well above the approximately 7.4% average growth recorded over the previous 10 quarters. Economic activity during this period was affected by disruptions related to the U.S.-Iran conflict.

Crude Oil & Geopolitical Tensions

Brent crude traded around $91 per barrel amid renewed tensions in the Middle East. The latest escalation followed U.S. military action near the Strait of Hormuz, after which Iran retaliated with attacks targeting the United Arab Emirates and Jordan.

The renewed conflict marks the first significant exchange of fire in about a month and has heightened concerns over potential disruptions to crude oil supplies through the strategically important Strait of Hormuz.

Market View

Global markets are likely to remain volatile amid rising geopolitical tensions, elevated crude oil prices and renewed inflation concerns. Investors will closely monitor developments in the Middle East, movements in crude oil prices and the potential impact on global monetary policy.