Market Update 📰:
- 🇮🇳 Indian Market: Dalal Street ended a volatile monthly expiry session on a positive note as tariff concerns were balanced by optimism over the India–EU trade agreement 🤝. Seen as a historic deal after nearly 20 years of talks, it creates a huge free-trade zone covering two billion people and about 25% of global GDP. With this optimism 🥳 priced in, investors now turn cautious, closely tracking the US Fed’s rate decision and the upcoming Budget for the next move.
- 📊 Market Breadth: On the NSE, 1311 stocks ended in the green, while 1622 stocks closed in the red.
- 🌍 Global Market: U.S. markets stayed positive as the S&P 500 and Nasdaq rose for the fourth straight session, driven by hopes ahead of major earnings and the Fed’s policy update 📈. At the same time, Asian markets remained volatile after Trump reignited the tariff debate by threatening higher levies on South Korea. This uncertainty weakened the dollar, helping gold ✨ extend its rally as investors shifted toward safer assets.
