Wall Street Recap :

• Nasdaq up 0.5%, S&P 500 up 0.2%, Dow down 0.5%

• Amazon's record high on $38B OpenAI cloud deal

• Nvidia's 2% gain on UAE export permits

• Kimberly-Clark/Kenvue M&A impact

• Palantir's after-hours earnings beat

Indian ADR Performance: Mixed moves with:

• Banking ADRs positive (HDFC +0.77%, ICICI +0.58%)

• IT ADRs weak (Infosys -0.97%, Wipro -0.76%)

Asian Markets & Gift Nifty:

• Asian markets cautious Tuesday morning

• Japan's Nikkei down 0.4%, Korea's Kospi down 0.3%

• Gift Nifty at 25,890 indicating steady opening

• Monday's Chinese strength noted (Shanghai +0.6%, Hang Seng +1%)

Key Global News:

• India faces 50% US tariffs vs China's 47%

• US-India 10-year defence partnership signed

• OPEC+ pausing Q1 2026 production hikes

• China ends gold tax rebates impacting demand

Indian Market Headlines:

• Nifty up 0.16%, Sensex up 0.05% on Monday

• PSU banks and pharma led; IT/FMCG lagged

• FII sold ₹1,884 cr; DII bought ₹3,516 cr

• Key earnings today: SBI, M&M, Adani Ports, IndiGo

• Groww IPO opens today at ₹95-100/share

Technical Levels:

• Nifty support: 25,700 / 25,650 / 25,600

• Nifty resistance: 25,800 / 25,900 / 26,100

• Bank Nifty support: 58,000 / 57,800 / 57,500

• Bank Nifty resistance: 58,250 / 58,365 / 58,500

Commodity Summary:

• Crude: WTI at $61/barrel, Brent at $65

• Gold: ~$4,015/oz (down from highs)

• Silver: ~$49/oz

• Both metals corrected but remain elevated YTD

Actionable Day Plan:

• Range-bound trading likely (25,700-26,100)

• Bank Nifty stronger; PSU banks in focus

• IT stocks may face pressure

• Caution ahead of major earnings

• Weekly Nifty expiry adds volatility