- ๐ฎ๐ณ Indian Market: The Nifty 50 couldnโt sustain Mondayโs recovery and slipped into choppy weakness ๐, while the RBI ECL framework kept markets in focus, as tighter norms may hit near-term bank profits but strengthen long-term credit quality ๐ฆ, and according to experts, the market now turns headline-driven, with crude oil, West Asia cues, rupee movement ๐ฑ, and FII flows guiding the next direction.
- ๐ Market Breadth: On the NSE, 1249 stocks ended in the green, while 1715 stocks closed in the red
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- ๐ Global Market: The S&P 500 and Nasdaq Composite edged slightly higher ๐ as investors stayed cautious before a packed week of earnings, key data, and the Federal Reserve decision, while Asian markets moved mixed, and at the same time oil prices kept rising โฝ as US-Iran tensions persist, with the Strait of Hormuz largely shut, tightening global supply.
