Overnight Stock

• India's benchmark stock indices are expected to face downward pressure following overnight global economic shifts. • Market volatility is being driven by a combination of high crude oil prices and rising US Treasury yields. • These conditions create a challenging environment for Indian equities as geopolitical tensions weigh on investor sentiment.

• The Indian benchmark indices, Sensex and Nifty 50, are projected to open lower on Thursday, August 13. • This expected decline follows weak overnight global cues, including a mixed opening for Asian markets on Wednesday. • Further downward pressure is indicated by US stock futures, which have declined for two consecutive sessions.

• Wall Street is seeing a partial recovery on Monday as AI stocks bounce back from the previous week's significant sell-off. • Oil prices remain elevated due to ongoing conflict between Israel and Iran, though they have retreated from their overnight peaks. • Global markets faced declines, with Japan's Nikkei 225 dropping 3.8% after the government revised Q1 annualized economic growth down to 1.8% from 2.1%.

• Wall Street stocks are recovering on Monday, with shares tied to the artificial intelligence boom bouncing back after steep losses on Friday. • Oil prices have retreated from overnight highs following a surge triggered by direct military strikes between Israel and Iran. • The volatility in the energy market reflects growing fears that the conflict between Israel and Iran could escalate into a full-scale regional war.