ET Market Watch: Markets up however jittery: What’s spooking traders?
Sensex up, Nifty regular… however markets are on edge!
Why did the market rise regardless of sharp swings and international jitters? Let’s break it down.
Sensex gained 193 factors, Nifty closed above 25,400.
However… do not let the inexperienced idiot you. Each indices slipped sharply from their day’s highs, due to risky commerce, international cues, and SEBI’s crackdown on Jane Avenue.
Financials and IT shares led the features. Bajaj Finance rose 1.6%, and Infosys and ICICI Financial institution supported the rally.
However Trent crashed almost 12% after warning of slower income progress. Nuvama downgraded the inventory post-AGM.
World markets? Principally within the purple, Europe’s main indices slipped, Korea’s Kospi tanked 2%, and U.S. futures dipped as traders braced for Trump’s tariff deadline on July 9.
SEBI barred U.S. buying and selling agency Jane Avenue and froze ₹4,800+ crore over alleged manipulation within the Indian derivatives market. That shook investor confidence.
Consultants say markets are pausing after a powerful rally. Eyes at the moment are on Q1 earnings, Trump’s tariff name, and a potential U.S.-India commerce deal.
Technically, Nifty’s hammer candle hints at a bullish rebound, if it stays above 25,300, a soar to 25,800–26,100 is feasible.
Crude oil eased. Rupee ended flat.
And India’s market temper? Wait-and-watch mode, cautious optimism, however cracks are seen.
