- 🇮🇳 Indian Market: Bears returned to the market 🐻 as Nifty slipped again after a weak one-day rebound 📉, showing that Thursday’s recovery lacked strong conviction. As a result, selling pressure returned today while investors preferred to stay cautious ahead of the weekend. Meanwhile, the rupee continued to weaken 💱 as global sentiment favored the safe-haven US dollar.
- 📊 Market Breadth: On the NSE, 1136 stocks ended in the green, while 1804 stocks closed in the red.
- 🌍 Global Market: US stocks closed lower on Thursday as the Middle East conflict entered its sixth day, pushing oil prices higher 🛢️ and raising concerns about inflation and delayed US rate cuts. This uncertainty spread to Asia, where markets also fell and headed for their steepest weekly loss in six years. Meanwhile, crude eased slightly after the US allowed Indian refiners a 30-day waiver to buy Russian 🇷🇺 oil, which may only slow the rise in oil prices.
Market Update 📰:6-3-2026
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