Mixed global cues… but sentiment tilting positive this morning. US closed weak, especially tech but bond yields eased and crude corrected sharply. That’s important. Asian markets are reacting positively: Broad-based gains across Japan, Korea, Taiwan and others. Gift Nifty also indicating a gap-up start (~+0.5%) What’s supporting the market today: • Crude cooling below $100 • India 10Y yield easing • Strong Asian momentum These are short-term supportive signals. But keep in mind: • US weakness still in background • Rupee remains elevated near lows So not a clean risk-on yet, more like a relief continuation attempt. Today’s key question: Will markets build on yesterday’s strength… or just open strong and fade? Because in current conditions, follow-through matters more than the gap.

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