Stock Market LIVE Updates, Sensex Today: Markets Likely To Open In Green

Riya Sehgal, Research Analyst, Delta ExchangeGlobal markets started Tuesday higher after easing US-Iran tensions pushed crude oil lower and lifted equities. The Dow closed at a record high, while the S&P 500 gained 1.48% and the Nasdaq rose 2.13%, led by technology stocks. Brent crude fell to around $84, easing inflation concerns and pulling Treasury yields lower.Crypto markets are trading in a narrow range even as global equities move higher. Bitcoin is holding between $63,500 and $64,000, while Ether remains near $1,860, indicating limited risk appetite. Lower oil prices have reduced short-term inflation pressure, but stronger US manufacturing data has strengthened the case for the Federal Reserve to keep policy tight for longer. This may continue to restrict liquidity flows into digital assets.Technically, Bitcoin needs to break and hold above $64,000-$64,250 to improve momentum. Immediate support is near $62,300. ETH is defending the $1,820-$1,845 zone, but a move above $1,880 is needed to open further upside.Institutional demand also remains weak, with recent ETF outflows and softer derivatives activity weighing on sentiment. Gold is consolidating near $4,050. Lower Treasury yields are supportive, while weaker safe-haven demand is limiting gains. Immediate resistance is at $4,060, with support at $4,025.The macro backdrop remains balanced. The US ISM Manufacturing PMI rose to 55.6 in July, pointing to resilient economic activity while reducing expectations of near-term Fed rate cuts. Markets now await US labour data, corporate earnings, and further developments in the Middle East for direction.