Stock Market Live: GIFT Nifty indicates a firm opening; US, Asian markets mixed

GIFT Nifty indicates a firm opening for Indian markets.

US Nasdaq fell 0.64% as chip stocks declined over AI spending concerns.

Dow Jones rose 0.46% to 51,947.25, while S&P 500 edged up 0.05% to 7,411.98.

Falling oil prices provided some support to Wall Street despite Middle East hostilities.

Asian markets traded mixed, reflecting global uncertainty.