Global Markets Mixed: Gift Nifty Down, Asian Markets Volatile Amid US-Iran Tensions

Business
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Moneycontrol•14-01-2026, 08:50
Global Markets Mixed: Gift Nifty Down, Asian Markets Volatile Amid US-Iran Tensions
- •Gift Nifty shows pressure, indicating a weak start for the Indian market, while Asian markets exhibit mixed trading.
- •US markets closed lower with high volatility; Dow Jones slipped 400 points, S&P 500 and Nasdaq also saw weakness.
- •Weakness in banking and financial stocks, particularly JPMorgan, Goldman Sachs, Visa, and Mastercard, contributed to the Dow's decline.
- •JPMorgan's CFO opposed Trump's stance on credit card price control, stating it would reduce credit supply and harm the economy.
- •US-Iran tensions escalated as Trump supported Iranian protesters and warned Iran to stop killings, while a Greenland dispute with the US also deepened.
Why It Matters: Global markets are experiencing mixed trends with US decline, Asian volatility, and rising geopolitical tensions.
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