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

Indian markets are expected to open on a cautious note on Thursday amid renewed US-Iran hostilities, with President Trump declaring the ceasefire over after US strikes on more than 80 targets inside Iran. Crude oil prices surged over 5% on potential supply disruptions via the Strait of Hormuz, while Gift Nifty indicates a marginally positive start at around 23,964, a premium of nearly 52 points. Asian markets staged a strong rebound with Nikkei 225 gaining 2.20% and Kospi rallying 1.96%, though US indices ended mixed overnight and European equities fell nearly 2%.