🌅 Morning Stock Market News Update

🇮🇳 Indian Markets & Key Themes

• Indian benchmarks are expected to open higher today after a steep weekly drop of nearly 2.7%.
• Weakness was triggered by concerns over higher U.S. H-1B visa fees impacting IT and tech companies.
• Two-thirds of Nifty 500 stocks are trading below last year’s levels.
• Prime Cable Industries shares debut today with muted listing sentiment.
• The RBI Monetary Policy Committee begins its meeting today, with expectations of a rate pause.
• Stocks in focus: HUL, NTPC, HDFC Bank, Tata Motors, IT and pharma sectors.

🌐 Global Signals

• U.S. markets are supported by hopes of continued rate cuts.
• Mixed global signals: AI spending boosts confidence, but weak job creation raises concerns.
• U.S. government shutdown risks could delay key economic data releases.
• Oil prices edged lower, easing inflationary pressures.