“वैश्विक बातचीत, स्थानीय चालें — अब बाजार को सिर्फ सुर्खियों से ज़्यादा ठोस नतीजों की ज़रूरत है।”

The global market is currently in a mixed but slightly constructive mood. After the Trump-Xi meeting, markets got an immediate sense of relief, but investors are still waiting to see whether the talks will translate into actual trade terms or remain just headline-driven sentiment. The biggest takeaway from the Trump and China president meeting is that there was a signal of easing in US-China trade tensions, especially in the context of agricultural exports and some business cooperation. However, according to SCMP, Chinese tech stocks saw some profit booking because the detailed terms of the deal are still not clear. Gold’s short-term outlook may remain range-bound to mildly firm. Gold is getting geopolitical support, but a strong dollar and US inflation concerns may limit upside, so consolidation looks more likely than a sharp breakout.

The Dollar Index view is currently stable to firm. According to MarketWatch data, DXY was around 104.65, which reflects a relatively strong dollar; such an environment usually creates some pressure on emerging markets. GIFT Nifty’s latest level was around 23,708 near the previous close, and it opened at 23,763.50, which points to a positive to flat opening for Indian markets. The intraday high-low range was quite wide, so before Monday’s opening, it would be important to watch global cues and the overall mood in Asia. For Monday, banks, auto, IT, metals, export-linked stocks, and globally sensitive names may remain in focus. If the global risk-on mood continues, trade-sensitive names, commodity-linked stocks, and large-cap stocks may remain active.