Indian markets are set for a sharp gap-down opening today

🌍 Global Market Update US indices (June 7 close): Nasdaq -4.18% (25,709), S&P 500 -2.64% (7,383), Dow -1.35% (50,867). Europe (last close): DAX -1.25%, CAC -0.71%, FTSE -0.34%. Commodities: Brent crude ~$96.4 (+2.5%), WTI ~$92.7 (+2.3%). Gold ~$4,374/oz, Silver ~$68.4/oz. Indian Market Snapshot Sensex (June 7 close): 74,243 (-117 pts, -0.16%). Nifty 50: 23,367 (-50 pts, -0.21%). GIFT Nifty (today): ~23,096 (-250–356 pts), signaling a gap-down start. Reason for fall: Global tech selloff, crude spike, Israel–Iran conflict, FII outflows, RBI’s hawkish inflation stance. 💰 FII & DII Activity (June 5, 2026) FIIs: Net sellers ₹8,776 crore. DIIs: Net buyers ₹9,134 crore. Trend: FIIs selling in IT, PSU banks, index futures. DIIs supporting banking, FMCG, auto. Support: 23,000–23,200; Resistance: 23,550–23,600. 🏦 RBI Policy Impact & Expectations Repo rate: Unchanged at 5.25%. GDP forecast: Cut to 6.6% (from 6.9%). Inflation forecast: Raised to 5.1% (from 4.6%). Impact: Hawkish stance limits rate-cut hopes; crude spike and weak rupee add pressure. Expectation: RBI may maintain pause but could tighten if inflation worsens. $INFY 📌 Stocks in Focus Today Infosys – IT sector under heavy FII selling; watch for volatility. NHPC – Govt OFS continues; stock may remain under pressure. Adani Energy Solutions – SBI MF stake buy; positive sentiment. Hindustan Zinc – Production update; commodity-linked movement. Alembic Pharma – Canadian JV expansion; pharma sector support from DIIs. ZEE Entertainment – Merger developments; high volatility expected. Lenskart – Fundraising activity; private equity interest. Tirupati Innovar – Q4 results today. Healthy Life Agritec – Q4 results today.