- ๐ฎ๐ณ Indian Market: Dalal street rebounded after yesterdayโs sharp correction, supported by strong buying in large-cap stocks ๐, but sentiment remained cautious as rising crude oil prices ๐ข๏ธ and fresh geopolitical tensions kept investors on edge. According to experts, as the market continues to consolidate, holding above the 25,400 level becomes crucial to maintain a positive bias, because any slip below this mark could quickly shift the overall tone to negative.
- ๐ Market Breadth: On the NSE, 1395 stocks ended in the green, while 1532 stocks closed in the red.
- ๐ Global Market: Wall Street ended lower on Thursday as losses in private equity stocks and weakness in Walmart and Apple dragged index down ๐, though earnings-led strength in industrials helped limit the decline. Meanwhile, Many asian indices also slipped as escalating Iran tensions dampened sentiment, pushing oil prices to their highest level since August ๐ข๏ธ, with fears of a possible U.S.-Iran conflict keeping investors cautious.
