Wall Street kicked off the week on a strong note — S&P 500 gained 0.36% and the Nasdaq added 0.71%, both closing at fresh all-time highs. The S&P 500 marked its 32nd record close of 2025, reflecting sustained investor optimism despite ongoing concerns over the U.S. government shutdown, now stretching into its second week. Global cues remain mildly positive, though GIFT Nifty is down 15 points at 25,150, indicating a flat-to-negative start for domestic markets. Bond yields edged higher, with the U.S. 10-year yield up 4 bps to 4.16%, while Brent Crude slipped to $65.5 — a positive sign for India’s import bill. The Dollar Index eased slightly to 98.1, supporting emerging-market flows. All eyes today will be on Fed Atlanta President Raphael Bostic’s speech, which could offer fresh clues on the Fed’s stance going into Q4. Spot Index Levels (07-10-2025) NIFTY 50 Support: 25,000 / 24,900 Resistance: 25,150 / 25,200 BANK NIFTY Support: 55,800 / 55,600 Resistance: 56,400 / 56,600 NIFTY FIN SERVICE Support: 26,600 / 26,500 Resistance: 26,800 / 26,900 BSE SENSEX Support: 81,500 / 81,300 Resistance: 82,000 / 82,300 In Focus Today:

ICICIBANK

and

INFY

could remain in spotlight ahead of Q2 results season. Falling crude and stable dollar remain tailwinds for Indian equities.

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