- Nifty 50 closed at 25,056.90, down 0.45% in the last session.
- Sensex ended at 81,715.63, slipping 0.47%.
- Most sectors were under pressure, with auto, IT, metals, and realty leading the decline.
- IT stocks weakened due to concerns over U.S. visa policy changes, which may impact Indian tech companies.
- Technical signals show a bearish trend, with profit-booking likely to continue.
- The market is expected to open lower today, following weakness in global markets.
- Positive note: HSBC has upgraded Indian equities to overweight, citing better valuations compared to regional peers.
π Global Highlights
- Asian markets paused after recent gains as investors prepared for quarter-end moves.
- The Japanese yen fell against major currencies, highlighting monetary policy divergence.
- Oil prices cooled slightly; gold held steady.
- U.S. markets declined with the dollar strengthening, as inflation and interest rate concerns remained in focus.
- The U.S. Fed remains cautious, balancing inflation risks with growth outlook.
π What to Watch Today
- Key U.S. economic data (jobs, inflation).
- Foreign investor flows into Indian markets.
- Earnings outlook for IT and export-driven sectors.
- Global risk sentiment and commodity price trends.