S&P500 Eyes 7000; Modi-Trump Talks & Strong Asia Signal Indian Market Gap-Up

• Global markets show mixed trends; Gift Nifty up over 130 points, Asian markets strong.
• US markets closed mixed; Dow gained 650 points, S&P500 reached a record close above 6900, while Nasdaq fell.
• PM Modi and US President Trump discussed bilateral relations, global peace, and international issues.
• Brokers estimate the S&P500 index could surpass 7000, but foresee potential market pressure next year.
• Oracle's stock fell 11% due to weak results, its biggest drop since January 2025.

Why It Matters: Global market strength and Modi-Trump talks signal a strong opening for Indian markets.