Global markets displayed a mix of signals as GIFT Nifty indicated a flat opening, while U.S. and Asian markets experienced declines.

The Dow Jones Industrial Average dropped by 0.55% to 44,765, and the S&P 500 and Nasdaq Composite both fell by 0.19% to 6,075 and 0.18% to 19,700, respectively. These declines followed a day of record highs for all three major U.S. stock indexes, which were boosted by comments made by Federal Reserve Chair Jerome Powell.

In Europe, there was political turbulence as France's government faced a confidence vote for the first time since 1962, resulting in the resignation of Prime Minister Michel Barnier. The vote, which involved collaboration between far-right and leftist lawmakers, was expected by investors, leading to stability in the euro, French stocks, and bonds despite the political upheaval.

As the markets await an important U.S. jobs report, investor sentiment remains cautious, reflecting the ongoing adjustments in response to regulatory developments and economic indicators.