Stock Market Today Live Update 📉

🔍 Global Market Impact:

• Domestic equity benchmarks will face pressure on Wednesday after the US market rally fizzled out. The S&P 500 fell sharply on Tuesday, closing below 5,000 points for the first time in almost a year.
• Investor hopes for a delay or concessions on US tariffs before the midnight deadline have dimmed, adding to the uncertainty.

📈 Nifty Performance:

• Nifty 50 closed 375 points higher on Tuesday, surpassing the 22,500 mark, but future market trends in the US are showing sharp declines, raising concerns.

🏦 Key Event Today:

• The Reserve Bank of India’s Monetary Policy Committee will announce its interest rate decision at 10 AM today.
• Industry experts anticipate a 25 bps rate cut, but Governor Sanjay Malhotra’s comments will be crucial, especially regarding the RBI’s stance on economic uncertainties and whether it will shift from neutral to accommodative.

Stay tuned for more updates!