📉 Global & U.S. Markets

• U.S. markets are trading lower due to higher-than-expected inflation data, which has increased volatility and reduced investor confidence.
• Major indices including the S&P 500, Dow Jones, and Nasdaq closed in the red.
• U.S. bank stocks saw a sharp decline, marking their biggest drop since earlier market turbulence this year.

📊 Indian Markets

• Indian markets witnessed a strong sell-off. The Sensex fell sharply (around 900+ points), and the Nifty slipped below key support levels.
• Weak global cues, foreign investor selling, and rising crude oil prices contributed to the fall.
• Stocks such as Reliance Power, Vedanta, Vishal Mega Mart, and Angel One were among the top losers.

📌 Key Factors Affecting Markets

• Persistent inflation concerns
• Pressure on banking and financial stocks
• Foreign institutional investor (FII) outflows
• Rising crude oil prices
• Weak global market sentiment