Market Mood Today The market is likely to remain flat to weak, range-bound, and driven by stock-specific action. After yesterday’s sharp decline, a weak rupee (above 91), and continued FII selling, overall sentiment remains cautious. However, DII buying could provide support on declines. GIFT Nifty is trading flat around 25,920, indicating a muted to flat opening bias for Nifty.

Global Market Mood US markets closed mixed. The S&P 500 declined for the third consecutive session, ending down 0.24%, while the Dow Jones fell 0.62%. The Nasdaq, however, managed to close mildly higher, up 0.23%, amid data-driven uncertainty. Asia-Pacific markets are mostly lower today as investors await Japan’s trade data and inflation readings from Europe and the UK. Overall, global cues remain mildly negative to cautious. What to Watch Today Large Banks & Financials: Private banks were among the weakest performers in the previous session. Stocks such as ICICI Bank, Axis Bank, and HDFC Bank may see active intraday moves, with both pullback and further downside possibilities. Consumption / FMCG & Consumer Durables: Stocks like Titan, Tata Consumer, and other consumption names showed resilience in the last session. Defensive segments may witness stock-specific strength in a risk-off environment.