Global Markets Dip: Gift Nifty Under Pressure, Asian Markets Decline Amid Fed's Rate Hold

• Gift Nifty and Asian markets are trading lower, reflecting global market pressure.
• The US Federal Reserve maintained interest rates at 3.5%-3.75%, marking a pause after three consecutive cuts.
• Fed Chair Jerome Powell emphasized data-driven future decisions, balancing risks amidst stable job growth and high inflation.
• Major tech companies Meta, Microsoft, and Tesla reported strong quarterly results, with Meta's stock surging 10% in extended trading.
• Former President Trump issued a strong warning to Iran, urging negotiations, while Iran vowed an unprecedented response to pressure.

Why It Matters: Global markets are under pressure with Asian markets declining, despite the Fed holding interest rates steady.