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Stock Market Live: GIFT Nifty indicates a positive start; US markets gain, Kospi jumps 13%

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GIFT Nifty indicates a positive start for Indian markets.
US markets ended higher: Nasdaq gained 2.78% to 25,122.18, Dow Jones rose 1.19% to 52,208.06, S&P 500 climbed 1.66% to 7,437.63.
Chip stocks jumped, and Microsoft logged its biggest daily percentage gain in 18 years after a stellar forecast eased fears about AI infrastructure spending.
Kospi jumped 13%.
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