- ๐ฎ๐ณ Indian Market: Markets stayed strong today and closed in the green ๐, supported by positive global cues and optimism around an interim IndiaโUS trade framework ๐ค.
- Reports of possible tariff cuts and deeper cooperation boosted investor confidence ๐. Technically, the index move hints at a retest of the 26,000 level on Nifty ๐, and a clear breakout above this zone could lead to a fresh record high.
- ๐ Market Breadth: On the NSE, 2324 stocks ended in the green, while 612 stocks closed in the red.
- ๐ Global Market: The Dow Jones crossed the 50,000 mark for the first time on Friday ๐, showing strong performance as investors looked beyond tech stocks.
- Sentiment further improved after Japanโs snap election delivered a clear win for the ruling party ๐ฏ๐ต, pushing Japanese stocks sharply higher with the Nikkei hitting record highs. This positive trend lifted Asian markets overall, while gold moved above $5,000 an ounce โจ as buyers stepped in after a very volatile week.
