📈 Market Opening

• Indian benchmark indices Sensex and Nifty opened on a positive note today, continuing the momentum from the previous session.
• Both indices started the day in the green.

🌏 Global Cues

• Asian markets are trading muted, showing mixed signals.
• US Futures are on the rise, indicating potential recovery.

💥 US Market Selloff

• US stock markets plunged overnight following a harsh statement from President Donald Trump targeting Fed Chair Jerome Powell for not cutting interest rates.
• Trump’s comments have raised concerns over the Fed’s independence.

📉 Wall Street Reaction

• The Dow Jones dropped 971.82 points (−2.48%) to close at 38,170.41.
• Other US indices also ended sharply lower.

🌐 Spillover Effect Expected

• This dramatic fall in the US markets is likely to have a spillover impact on Indian markets during Tuesday’s trade.