- Indian markets opened lower today after a strong multi-day rally.
- Nifty 50 slipped toward the 25,600–25,700 range.
- Sensex also opened weak, reflecting broad profit-booking.
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What’s Dragging the Market?
1️⃣ IT Stocks Under Pressure
- Technology shares declined sharply due to global weakness in software and AI-related stocks.
- Fears around rapid AI advancements triggered selling across global tech markets, affecting Indian IT companies as well.
2️⃣ Metals & Realty Weak
- Metal and real estate stocks saw selling pressure.
- Traders are booking profits after recent strong gains.
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What’s Supporting Sentiment?
1️⃣ India–US Trade Deal Boost
- Recent optimism from a major India-US tariff & trade agreement previously pushed markets sharply upward.
- This deal helped attract foreign investor interest into Indian equities.
2️⃣ Earnings Season
- Several big companies are releasing quarterly results this week, keeping traders active.
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Current Market Mood
- Short-term mood: cautious & volatile
- Medium-term outlook: positive, supported by global trade improvements and stronger foreign fund flows.
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Key Levels to Watch
- Nifty 50: 25,500 – 25,750 zone
- Sensex: 83,000 – 83,500 range
- Nifty Bank: Mixed trend
- Midcaps / Smallcaps: Slight weakness due to profit-taking
