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

Indian stock market is expected to open flat on Wednesday, with Gift Nifty trading around 24,045, a premium of nearly 21 points from previous close. Global cues were mixed: US markets ended higher (S&P 500 up 0.38%, Nasdaq up 0.90%, Dow up 0.02%) on softer-than-expected June US CPI at 3.5% YoY versus 3.8% expected and strong bank earnings from JPMorgan, Goldman Sachs, Citigroup, Wells Fargo and Bank of America. However, escalating US-Iran missile strikes and crude oil prices above $85 per barrel kept sentiment cautious; Nifty 50 has immediate support at 24,000 and resistance near 24,200.