US stock market to Kospi: Here’s global equity heatmap you should know before the opening of Indian stock market today

Indian stock markets are set for a weak opening on Thursday as escalating US-Iran conflict lifts crude oil prices near six-week highs, stoking inflation concerns for oil-importing economies like India. Gift Nifty is trading around 23,884, a discount of about 104 points from the previous close, indicating a negative start for Nifty 50 and Sensex. Asian markets traded higher led by a 3% rally in Kospi, while US equities ended lower with Nasdaq down 0.57%; investors now await the ECB policy decision and US weekly jobless claims.