Domestic stock markets remained closed on Thursday on account of the Bakri Id, with trading activity suspended across equity and derivative segments, while weak cues from Asian peers and rising crude oil prices kept investor sentiment cautious globally.Trading in the equity and derivatives markets remained shut for the day and is scheduled to resume on Friday.Most major Asian markets witnessed selling pressure in early trade amid concerns over geopolitical developments and elevated energy prices.Market sentiment across global equities remained cautious as investors tracked developments in crude oil prices and geopolitical tensions, both of which continue to influence inflation expectations and broader economic activity.Wall Street indices ended marginally higher overnight.Brent crude oil prices rose 1.76 per cent to trade near $96 per barrel.On Wednesday, BSE Sensex ended 141.90 points or 0.19 per cent lower at 75,867.80, and NSE Nifty 50 dipped 6.55 points or 0.03 per cent to 23,907.15. Among the Nifty 50 pack, TMPV, Hindalco, Power Grid, Eternal and NTPC were among the top gainers, and ONGC and HDFC Bank were the biggest drags.Ashok Leyland, Alkem Laboratories, Apar Industries, BDL, Finolex Cables, Graphite India, JSW Holdings and Lemon Tree Hotels are among key companies that will announce Q4 results today.Brokerages said investors are likely to remain watchful of global commodity price movements and geopolitical developments for further direction in equities and commodities markets. Analysts added that elevated crude oil prices could continue to weigh on market sentiment in the near term, particularly for import-dependent economies such as India.Published on May 28, 2026