- ๐ฎ๐ณ Indian Market: Dalal Street remained volatile as fluctuating crude oil prices โฝ kept markets unstable, which led to choppy movements, but selective buying supported a mild rise, showing improving sentiment. However, since itโs not a full risk-on phase, markets may stay range-bound ๐, and as global stability and commodity trends remain key, investors are likely to stay cautious and selective.
- ๐ Market Breadth: On the NSE, 1721 stocks ended in the green, while 1258 stocks closed in the red.
- ๐ Global Market: Wall Street ended lower ๐ as falling stocks like Micron and Tesla, along with rising oil prices, increased inflation worries, which reduced hopes of rate cuts. As Fed Chair Jerome Powell highlighted an uncertain outlook, rates remained unchanged, but Asian markets still traded higher as oil eased, while gold and silver rose ๐ฐ, though gold is heading for a big weekly loss due to fading rate cut expectations.
