Global Equities’ Update: Gift Nifty: (India) 24770, -33.0 points/ +0.12% (Adjusted), “TTT” CAN SPOIL THE MARKET MOOD

AHMEDABAD, 5 AUGUST: U.S. President Donald Trump again threatened on Monday to raise tariffs on goods from India over its Russian oil purchases, while New Delhi called his attack “unjustified” and vowed to protect its economic interests, deepening the trade rift between the two countries. In a social media post, Trump wrote, “India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits. They don’t care how many people in Ukraine are being killed by the Russian War Machine. Trumps tariff terror (TTT) can spoil the market mood. Meanwhile as per experts opinion “RBI likely to cut rates by 25–50 bps in FY26.

Dow Future (US): 44344, +41.0 points/ +0.09%
Nasdaq Future (US):23337, +40.0 points/ +0.17%
US Small cap 2000 Future (US): 2225, +6 points/ +0.25%
DAX Future (Germany):23862, +38.0 points/ +0.16%
FTSE Future (UK):9139, +25.0 points/ +0.28%
Hang Seng Future (Hong Kong): 24690, -24 points/ -0.10%
KOSPI (South Korea):3181, +34.0 points/ +1.07%
Taiex Future (Taiwan):23522, +250.0 points/ +1.10%
Nikkei Index (Japan):40560, -65.0 points/ -0.15%
Gift Nifty: (India) 24770, -33.0 points/ +0.12% (Adjusted)

U.S. Market Previous Closing

Dow (US): 44173, +585.0 points/ +1.33%
Nasdaq (US): 21053, +403.0 points/ +1.95%