📉 MARKET AT A GLANCE Nifty 50: 23,531.70 ↓ 0.44% Sensex: 75,017.73 ↓ 0.74% Bank Nifty: 56,541.95 ↓ 0.41% India VIX: 11.71 ↑ 4.95% Downstox The market is trading under pressure, with Nifty below the 23,600 zone and IT stocks leading the decline. 🔴 WHY IS THE MARKET FALLING? 1. Crude Oil Surge 🛢️ Brent crude is approaching $100/barrel, increasing concerns about India's import bill and inflation. Reuters +1 2. Middle-East Tensions 🌍 Escalating geopolitical tensions are keeping global investors cautious. 3. IT Sector Under Pressure 💻 Nifty IT is down around 2.8–3%, with major IT stocks facing heavy selling. Downstox +1 4. Rupee Weakness 💵 The rupee has slipped beyond ₹95/$, adding another layer of pressure on Indian markets. Reuters 5. FII Selling FIIs sold around ₹123 crore in the previous session, while DIIs bought approximately ₹1,350 crore. Upstox - Online Stock and Share Trading ⭐ ONE STOCK IN FOCUS: STATE BANK OF INDIA

SBIN

🏦 SBI — Why Watch It Today? SBI is interesting because large-cap banking stocks can offer relative stability when the broader market is volatile.

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