🌅 Market Mood | 4 November 2025

Wall Street lifted by tech optimism US markets ended higher overnight as a flurry of technology deals boosted investor confidence. The S&P 500 rose 0.17%, while the Nasdaq Composite gained 0.46%, led by sharp gains in AI and semiconductor stocks. Amazon (NASDAQ: AMZN) rallied nearly 4% after announcing a $38 billion strategic partnership with OpenAI, signaling deeper collaboration in AI-driven cloud services. Nvidia (NASDAQ: NVDA) climbed 2% as the chipmaker received export clearance for shipments to the UAE, easing concerns over global supply restrictions. On the macro front, the US 10-year Treasury yield stood at 4.11%, Brent Crude hovered around $65 per barrel, and the Dollar Index slipped to 100, reflecting a softer greenback ahead of speeches from Fed Governors Bowman and Cook later today. 🏦 Indian Market Setup Domestic sentiment is seen flat to negative, with GIFT Nifty trading 40 points lower at 25,878, hinting at a cautious start amid mixed global cues. Nifty 50 (Spot): Support: 25,700 / 25,600 Resistance: 25,900 / 26,000 Bank Nifty (Spot): Support: 57,800 / 57,600 Resistance: 58,300 / 58,500 Nifty Fin Service: Support: 27,200 / 27,100 Resistance: 27,400 / 27,500 BSE Sensex: Support: 83,800 / 83,500 Resistance: 84,300 / 84,500 Futures data suggests a sideways to mild bearish tone, with Nifty Futures finding support at 25,800 and facing resistance near 26,000. Bank Nifty Futures hold support at 57,700, with strong resistance around 58,500. 📊 Market Outlook A range-bound start is likely as traders track global tech momentum while awaiting clarity from the Fed. Watch for moves in IT stocks (TCS, Infosys, Tech Mahindra) following the global tech rally, and banking majors (HDFC Bank, ICICI Bank) near key support zones.