Wall Street saw a violent sell-off overnight as stronger-than-expected US jobs data reduced hopes of a December rate cut. The S&P 500 fell 1.6% and the Nasdaq dropped 2.2%, reversing sharply from intraday lows of 3.4% and 4.6%. Tech and AI stocks swung wildly—Nvidia moved from +5% after-hours to closing -3%, while Amazon flipped from +2.1% to -2.6%. Ten of the eleven S&P sectors ended lower. Bitcoin also slid below $86,000, touching a 6-month low. The US added 1,19,000 jobs in September vs 50,000 expected, dampening rate-cut bets, while unemployment touched a 4-year high at 4.4%. The US 10-year yield softened to 4.1%. GIFT Nifty is down 65 pts at 26,153, signaling a flat to weak start. Brent is at $63.5, and the Dollar Index has surged to 100.2, a 6-month high. Markets will watch Fed members Jefferson and Logan’s speeches. Spot Index Levels Nifty: 26,000/25,900 | 26,300/26,400 Bank Nifty: 59,000/58,800 | 59,600/59,800 Nifty Fin Serv: 27,800/27,700 | 27,900/28,000 Sensex: 85,300/85,000 | 85,800/86,000 Futures Levels Nifty Fut: 26,000 | 26,300 Bank Nifty Fut: 59,000 | 59,800 Market Mood: Flat | Opening View: Neutral to slightly negative. Stocks to Watch Today:

HDFCBANK

: Sensitive to Bond Yield moves; watch for volatility after US yield swings.

INFY

: IT may stay weak following sharp Nasdaq tech correction.

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