- Sensex and Nifty rebounded strongly in the previous session after recent losses.
- Sensex: ~75,502 (+938 points)
- Nifty 50: ~23,408 (+257 points) ย
- The rally was driven by banking, auto and consumer stocks after bargain buying from investors. ย
- GIFT Nifty signals a slightly positive opening for todayโs session around the 23,450โ23,500 level. ย
๐ Global Market Impact
- Middle East conflict (USโIran tensions) is creating volatility in global markets and pushing oil prices higher. ย
- Brent crude above $103 per barrel is worrying investors because higher oil prices can slow economic growth. ย
- Asian markets are trading higher after Wall Street gains led by AI stocks. ย
๐ Foreign Investor Activity
- Foreign Institutional Investors (FIIs) continue heavy selling.
- Around โน93.66 billion sold in one day and about $6.9 billion outflows this month. ย
๐ข Stocks in Focus Today
Key stocks likely to move today:
- Reliance Industries โ major green ammonia supply deal. ย
- Tata Motors โ announced price hike for commercial vehicles. ย
- Sun Pharma โ sector updates. ย
- RVNL and GMDC โ project/order developments. ย
๐ Global Corporate News
- Nvidia expects $1 trillion revenue by 2027, showing massive demand for AI chips. ย
๐ช Commodities
- Gold prices fell sharply due to stronger US dollar. ย
โ Market Sentiment Today:
- Short term: Volatile
- Main factors: Oil prices, geopolitics, FII selling, global cues
