- 🇮🇳 Indian Market: Dalal street closed in red today as weak global sentiment and rising crude oil prices kept investors cautious ⚠️. Profit booking after the recent rally and uncertainty around upcoming US inflation data also pressured market mood. Meanwhile, FIIs stayed selective, the rupee traded weaker against the dollar 💵, and investors continued closely tracking Q4 earnings for fresh market direction.
- 📊 Market Breadth: On the NSE, 417 stocks ended in the green, while 2570 stocks closed in the red.
- 🌍 Global Market: Major indices turned cautious today as rising Middle East tensions pushed oil prices higher, which increased worries about inflation and made investors nervous ahead of key US inflation data 🇺🇸. Because of this, European markets closed lower and Wall Street futures stayed under pressure, while Asian markets traded mixed after heavy profit booking in tech stocks 🤖📉. Meanwhile, a stronger US dollar also pulled gold prices down.
