- 🇮🇳 Indian Market: Dalal Street continued its upward move, supported by the US trade agreement and positive cues from major Asian markets 📈.
- This strength was further backed by strong FII inflows and a firmer rupee, which improved overall investor confidence 💰💹.
- Going forward with tariff-related worries easing, market direction in the near term is now linked to Q3 earnings, which have been mixed and slightly below expectations so far.
- 📊 Market Breadth: On the NSE, 1826 stocks ended in the green, while 1100 stocks closed in the red.
- 🌍 Global Market: US markets recovered after a shaky start, with the S&P 500 and Nasdaq moving higher as technology stocks bounced back from last week’s AI-led selloff 📈💻.
- This recovery came as investors stayed cautious, waiting for key economic data that may guide the Federal Reserve 🏦 on interest rates.
- The improved sentiment carried into Asia, where markets rose as confidence in US tech stocks strengthened.
