The current US government shutdown threat has been pushed back for now, easing concerns across financial markets. According to Bloomberg, President Donald Trump and Senate Democrats have reached a temporary agreement, ending a political standoff that could have unsettled investors. While it may be too early to celebrate—the deal still needs to hold—the immediate risk has been avoided.
This development removes one item from an already long list of market worries. With Washington stepping away from crisis mode, investors can refocus on key economic data, central bank signals, and corporate earnings. The shutdown clock is still ticking, but for the moment, it’s doing so quietly.
Apple Q2 Earnings
- Big picture: Apple delivered record December-quarter results, beating expectations.
- Revenue: $143.8 billion, up 16% year-on-year
- Net profit: $42.1 billion
- Gross margin: 48.2%, highlighting strong pricing power
What’s next:
- Revenue growth outlook (Q2 FY26): 13–16%
- Gross margin guidance: 48–49%
- Takeaway: Apple’s outlook signals resilient demand and steady margins, even amid global uncertainty.
Stock Market Outlook Today
Sensex Outlook & Levels
The Sensex continues to show an upward trend, indicating that the market remains on a positive trajectory. Shrikant Chouhan of Kotak Securities identifies 82,200 and 81,700 as key support levels, while 82,800 serves as the immediate hurdle. A breakout above this level could push the index towards 83,100–83,300; however, the trend may weaken if the Sensex falls below 81,700.
Nifty 50 Outlook
The Nifty 50 formed a bullish candle with a long lower shadow, reflecting strong buying interest near the 200-day EMA. Immediate support is placed at 25,300, while 25,500–25,600 remains a key resistance zone. OI data suggests a range-bound market until a decisive breakout, which could open the door to 25,800–26,000 levels.