📊 Stock Market Update

🇮🇳 Indian Markets

• Sensex closed near 82,160, down about 0.56%.
• Nifty 50 ended around 25,202, down about 0.49%.
• IT sector led the decline, pressured by concerns over U.S. H-1B visa fee changes.
• Adani group stocks added about ₹1.78 lakh crore in value over two days after regulatory clarity boosted investor confidence.
• Adani Power surged ~20% following its first stock split, supported by strong demand and positive outlook.
• Some strength was seen in infrastructure and shipping stocks.

🌍 Global Trends

• U.S. markets hit record highs, led by strong performance in AI and tech stocks.
• Global equity funds witnessed heavy outflows (~US$39 billion) recently, showing investor caution despite rallies.
• Many fund managers see equities as overvalued, though still holding overweight positions.
• Market focus remains on interest rate policies and potential rate cuts by major central banks.