- ๐ฎ๐ณ Indian Market: Dalal street saw a strong rebound today ๐ as global cues improved and crude oil prices cooled โฝ, easing worries about inflation and growth. As global markets stabilized, investor confidence slowly returned. Hopes of easing Middle East tensions further supported sentiment, and the Indian rupee also strengthened ๐ฐ after oil prices and the US dollar slipped following signals from Trump about a possible end to the Iran conflict.
- ๐ Market Breadth: On the NSE, 2351 stocks ended in the green, while 587 stocks closed in the red.
- ๐ Global Market: Wall Street markets first fell but later bounced back and closed higher ๐ as Donald Trump hinted that the IsraelโIran war may end soon.
- This positive signal helped Asian markets rebound today after a sharp selloff earlier ๐. At the same time, oil prices slipped after recently hitting a multi-year high, as hopes of the Middle East tensions easing reduced fears of long disruptions in global oil supply.
