- 🇮🇳 Indian Market: Indices traded with a downside bias and closed lower as investors booked profits ahead of the Union Budget 📉. Weak global cues and a sharp fall in commodities, especially metal stocks, added pressure 🏗️. Global uncertainty, fears of a possible US government shutdown, and a cautious Fed outlook kept sentiment muted. Going forward, all eyes 👀 are now on the Union Budget on February 1.
- 📊 Market Breadth: On the NSE, 1661 stocks ended in the green, while 1238 stocks closed in the red
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- 🌍 Global Market: US markets slipped as the S&P 500 and Nasdaq closed lower due to weak
- earnings and concerns over heavy AI spending 📉🤖. This cautious mood spilled into Asian markets, keeping them volatile. Meanwhile, gold and silver eased on a stronger dollar 💵, yet remained on track for their biggest monthly gains since 1980 as investors continued to seek safety amid global uncertainty.
