Global markets are rising as optimism builds over a potential end to the long U.S. government shutdown ๐บ๐ธ๐ผ.
- Asia: MSCI Asia-Pacific Index up ~0.5%, Japanโs Nikkei +0.6%.
- U.S. Futures: S&P 500 & Nasdaq 100 showing positive signs for the U.S. open.
- Caution: Investors await formal approval from both Senate and House ๐๏ธ.
๐ก Why it matters: A U.S. deal boosts global sentiment and could attract more foreign inflows into Indian equities.
๐ฎ๐ณ Indian Markets: Flat to Mildly Positive Start Seen
GIFT Nifty suggests a steady open around 25,620 levels ๐.
- Support: 25,300 ๐
- Resistance: 26,000 ๐
- Analysts see short-term consolidation after last weekโs ~0.9% drop in indices.
๐ฌ Key insight: Holding 25,300 could pave the way toward 25,650-26,000. A break below may test 25,000 โ ๏ธ.
๐ฆ Big Domestic Headlines
- Market cap of 7 out of top 10 Indian firms fell by โน88,600 crore ๐ โ Airtel & TCS hit hardest.
- ANMI urges SEBI to license training academies for F&O traders ๐, as over 90% retail traders face losses.
- Groww IPO sparks excitement in Indiaโs fintech space ๐ธ โ new deals brewing in wealth-tech startups.
๐ข๏ธ Other Key Factors to Watch
- Oil prices rise on optimism over U.S. reopening ๐บ๐ข๏ธ.
- Foreign flows remain cautious โ FIIs holding back could limit upside ๐ฐ.
- Corporate earnings & IPOs (like Groww) continue to drive sentiment ๐น.
- Global risk factors: Tech valuations, bond yields, and trade tensions could cause volatility ๐ช๏ธ.
๐ Market Outlook for Today
๐ Expect a flat or slightly positive start for Nifty and Sensex.
๐ Range: 25,300 โ 26,000 likely to dominate trade.
๐ก Focus on quality sectors (banks, autos, infra) and avoid high-risk speculative bets until global cues stabilize.
