Global Market Today | Asian stocks jump after drop in oil shores up sentiment

March 10, 2026

Asian stocks and Wall Street gauges rebounded as President Trump signaled a potential end to the Iran conflict, offering markets a brief reprieve. Crude oil prices also fell significantly. This optimistic shift highlights market sensitivity to Middle East developments, though volatility persists.

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Oil jumps 3% after US, Iran escalate strikes in Mideast

Oil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed. Tehran extended strikes

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Analysts back buy-on-dips strategy as Nifty eyes 24,300–24,600

Analysts maintain a positive outlook on Nifty, suggesting a buy-on-dips strategy for traders. They see Nifty potentially reaching 24,300 to 24,600 while staying above 23,800.

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