📉 Sensex Today | Stock Market LIVE: Nifty Starts Week on Cautious Note Amid US-India Trade Hopes 🇮🇳🇺🇸
🔹 Nifty 50 opens the week with optimism, fueled by potential easing of trade tensions with the US over 50% tariffs on Indian exports.
🔹 US President Trump said there’s “nothing to worry about” regarding ties with India and reaffirmed friendship with PM Modi — sparking positive sentiment.
🔹 However, Commerce Secretary Howard Lutnick’s remark that India may need to “say sorry” to Trump has added fresh uncertainty.
🔹 On Friday, the Nifty struggled to break past its resistance zone again, dragged by:
- ❌ IT stocks, on unconfirmed tariff worries
- 📉 FMCG stocks, facing profit booking
🔍 Key stock to watch:
- Vedanta on reports of a potential acquisition of Jaiprakash Associates
📊 Technical levels to track:
- Friday’s low: 24,621
- Friday’s high: 24,832
- Nifty formed a lower high, indicating caution ahead
