Global Markets: GIFT Nifty Surges, Korean Markets Under Pressure, Asian Markets Gain

• GIFT Nifty is trading approximately 90 points higher, indicating a strong start for the Indian market.
• Korean markets face pressure as Trump increases tariffs on South Korea's auto, pharma, and timber from 15% to 25%.
• Trump warns Canada of 100% tariffs if a deal is made with China, despite Canada clarifying no free trade deal exists.
• Insurance stocks plummeted after Trump proposed keeping Medicare Advantage rates flat, far below Wall Street's expectations.
• Gold and silver prices surged to record highs, while the Dollar Index fell to its lowest level since 2022.

Why It Matters: GIFT Nifty shows strength amid global market shifts, while trade tensions and policy changes impact other sectors.