๐Ÿ‡ฎ๐Ÿ‡ณ Indian Market

  • Sensex: Closed at 82,693.71 (+313 pts, +0.38%) yesterday.
  • Nifty50: Ended at 25,330.25 (+91 pts, +0.36%).
  • Todayโ€™s Opening: Gift Nifty indicates a positive start, up ~70-100 pts.
  • Key Levels:
    • Support: 25,150 โ€“ 25,000
    • Resistance: 25,500 โ€“ 25,670
  • Flows: FIIs were net sellers; DIIs continued buying.

๐ŸŒ Global Cues

  • US Fed: Cut rates by 25 bps to 4.00โ€“4.25%, first cut this year. More cuts possible in 2025 if conditions soften.
  • US Markets: Dow ended higher, while Nasdaq & S&P 500 slipped slightly.
  • Asia: Japanโ€™s Nikkei leading gains; mixed trends in other Asian indices.

๐Ÿ”‘ Market Sentiment

  • Positive momentum from Fed rate cut.
  • Traders eyeing whether Nifty sustains above 25,500.