🇮🇳 Indian Market: Dalal Street ended higher as a sharp fall in crude prices improved sentiment, while RBI keeping the repo rate unchanged at 5.25% 🏦 signaled stability, easing fears of aggressive hikes, which along with a better growth outlook boosted confidence 😊, and as India VIX dropped sharply 📉 reducing volatility, experts now see a buy-on-dips strategy as markets remain active and opportunity-driven.
📊 Market Breadth: On the NSE, 2795 stocks ended in the green, while 250 stocks closed in the red.
🌍 Global Market: US markets ended mixed as rising tensions and a looming deadline kept investors cautious 😐, but sentiment soon improved as the US and Iran agreed to a 2-week ceasefire 🤝, which lifted Asian markets and reduced global uncertainty, while easing supply concerns pushed oil prices lower 🛢️⬇️, creating a wave of relief across financial markets.