Stock Market LIVE: GIFT Nifty signals tepid open; Asian markets down; Brent falls 1.5%

Asian share markets slipped on Monday as unease regarding the large funding requirements for AI undermined confidence. RTHK News - Finance reported that Japan's Nikkei fell two percent following a 5.4 percent loss last week, while South Korea dropped 1.6 percent. Business Standard IN noted that Asian markets were trading lower in early deals, with the GIFT Nifty indicating a tepid open for the Nifty50.

Oil prices declined following US President Donald Trump's decision to waive some sanctions on Russia, though he later stated a final decision had not been made. RTHK News - Finance reported that Brent futures fell 1.6 percent to US$108.06 a barrel and US crude futures lost 0.7 percent to US$100.70 a barrel. Additionally, Iran reported that another tanker had hit a mine in the Strait of Hormuz.

Brief written by urgent.news from Business Standard IN, Hindu BusinessLine, RTHK News - Finance — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.