- ๐ฎ๐ณ Indian Market: Markets remained under pressure and ended sharply lower today ๐ as weak global cues, inconsistent FII flows and geopolitical tensions hurt sentiment. As a result, volatility continues with tech trends and macro data in focus ๐ง, but strong domestic demand, rising capex and steady credit growth still offer long-term support, encouraging a selective, fundamentals-driven approach.
- ๐ Market Breadth: On the NSE, 975 stocks ended in the green, while 1921 stocks closed in the red.
- ๐ Global Market: US stocks dropped sharply after Nvidiaโs earnings disappointed, dragging down tech shares that had led the rally ๐ค.
- This weakness then spread to Asian markets, which slipped from record highs, while ongoing Middle East tensions and US tariff concerns kept gold steady and pushed oil higher ๐ข๏ธ as stalled USโIran talks heightened fears of further geopolitical escalation.
