While the tone remains positive, the big question is- will the rally sustain or face resistance at higher levels? Volatility may linger, but momentum currently favours the bulls.
What Is Shaping The Stock Market Today?
Wall Street Performance
US markets ended higher as investors reacted to the tariff ruling:
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Dow Jones gained 0.47%
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S&P 500 rose 0.69%
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Nasdaq advanced 0.90%
Technology stocks showed mixed movement, while broader sentiment remained positive.
Asian Markets
Asian markets traded higher following tariff developments:
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South Korea’s Kospi hit record highs
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Kosdaq gained modestly
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Hong Kong futures indicated a positive opening
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China and Japan markets remained closed for holidays
Commodities Outlook
- Gold Prices: Gold rose on safe-haven demand amid tariff uncertainty.
- Crude Oil Prices: Oil declined on expectations of easing geopolitical tensions and possible diplomatic progress involving Iran.
Key Events That Will Trigger The Stock Market Today
Trump Tariffs Developments
A legal decision reshaped market sentiment and triggered fresh policy action. The US Supreme Court declared the previous tariff regulations unconstitutional, creating a brief phase of stability in global trade. However, the relief was short-lived as Donald Trump invoked Section 122 of the Trade Act of 1974 to impose temporary global tariffs, later raising them to 15%. This situation continues to keep investors uncertain as they balance legal outcomes with unpredictable policy shifts. The message for traders is clear: watch for opportunities while staying alert to major macroeconomic developments.
US–Iran Diplomatic Signals
New diplomatic signals between the United States and Iran have softened global risk sentiment. Expectations of renewed negotiations and possible sanctions relief boosted optimism in commodity markets, particularly crude oil, where prices reacted to the prospect of improved supply conditions. Although no formal agreement has been reached yet, even early signs of dialogue are influencing market mood. Investors continue to track developments closely, as diplomatic progress often translates quickly into market price movements.
Domestic Stock Market Trigger
RBI Holds Steady, Markets Take Comfort
The Reserve Bank of India has maintained its current policy stance, and markets have responded positively. The minutes of the Reserve Bank of India’s recent monetary policy meeting indicated that domestic growth remains strong while inflation stays within comfortable levels, strengthening confidence in the existing policy framework. Steady interest rates help maintain a stable macroeconomic environment, which investors view as reassuring, thereby supporting positive sentiment in the Indian stock market.
Stock Market Outlook Today
Sensex Today Prediction
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Sensex gained about 0.23% last week, holding key support levels and signaling consolidation with underlying strength.
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Immediate support: 82,000 – 81,800
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Resistance: 83,500 – 84,000
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Heavyweight stocks continue to support the trend, though volatility may persist due to global uncertainties.
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Strategy: Accumulation on dips remains preferred.
Nifty 50 Technical Outlook
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Nifty 50 rose 0.39% last week but formed a candle with an upper wick, indicating selling pressure at higher levels.
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Support: 25,400
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Resistance: 25,700 – 25,900
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Major breakout level: 25,900 (potential target: 26,100)
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The index remains in consolidation below short-term moving averages while holding above the long-term trend structure.
(With Inputs From Reuters)
Also Read: The Weekend At Dalal Street: Sensex And Nifty Rebound Amid…
