Share Market Today Highlights:With West Asian tensions refusing to ease, global markets are once again in shock. The impact on Indian indices was evident as BSE’s Sensex opened 214 points lower. Meanwhile, NSE’s Nifty 50 also opened in the red, down by 129.30 points to be at 23,990. The downward trend was already hinted at by GIFT Nifty.

GIFT Nifty Today

Key indicators suggest a subdued start. GIFT Nifty is hinting at a gap-down opening, trading near 24,030, which is roughly 175 points below the previous close, indicating early weakness in the Nifty 50. Meanwhile, crude oil prices have surged, with Brent crude climbing to USD 113.77 per barrel after reports of a drone attack on a petroleum facility in the UAE. This spike is a concern for India, given its heavy reliance on oil imports, and could fuel inflationary pressures.

US Stock Markets Today

Wall Street retreated on Monday as rising tensions in the Middle East dented investor sentiment, snapping its recent winning streak. The S&P 500 slipped 0.39%, the Dow Jones fell 557 points (1.1%), and the Nasdaq edged down 0.17%. The decline came as fresh attacks in the Strait of Hormuz drove Brent crude prices up nearly 6% to around USD 114 per barrel, raising concerns over inflation alongside a rise in the 10-year Treasury yield to 4.43%.Despite strong corporate earnings supporting markets in recent sessions, investors are now closely watching key economic data.

Asian Markets Today

Asian markets opened cautiously on Tuesday, tracking overnight losses on Wall Street and rising global oil prices. Activity remains subdued as major markets in Japan and China are shut for holidays, with Hang Seng slipping about 0.6%. Investor sentiment is under pressure after drone strikes in the United Arab Emirates pushed Brent crude above USD 113 per barrel, raising inflation concerns.

Top Gainers Today

Tata Consultancy Services (TCS) is leading the gains, rising 0.91% to Rs 2,452.75. Another IT major, Infosys, is also up 0.61% at Rs 1,175.55.In the telecom sector, Bharti Airtel gained 0.64% to Rs 1,838.60. Meanwhile, Titan Company rose 0.51% to Rs 4,384.90. These gains in IT and consumer stocks are helping balance the market, even as financial stocks remain weak. Investors are moving towards safer, defensive stocks due to global uncertainty.