๐ฎ๐ณ Indian Markets
- Sensex trades in the mid-82,000s; Nifty 50 around 25,160โ25,170.
- Autos, energy, and metals are driving gains; 15 of 16 sectoral indices are positive.
- Auto leaders: Mahindra & Mahindra, Hyundai Motor India, TVS Motors, and Ashok Leyland show strong buying.
- Energy sector: Up nearly 0.8%, continuing its recent strength.
- Mid & small caps: Gaining momentum as investors look beyond large-caps.
- Sigachi Industries: Stock jumps ~9% ahead of dividend record date.
๐ Global Factors
- Markets are optimistic on a U.S. Fed rate cut, supporting emerging markets.
- Trade talks: Positive progress between U.S.โIndia and U.S.โChina is lifting sentiment.
- Asian markets: Mostly higher, reflecting global monetary easing hopes.
โก Sentiment Check: Afternoon trade shows broad-based strength, with autos and energy leading the rally. Investors are awaiting cues from the upcoming Fed meeting.