
Wall Street ended November on a positive note with the Dow Jones, S&P 500, and Nasdaq all climbing (up 0.09%, 0.26%, and 0.61% respectively), driven by Amazon's eleven percent surge on robust cloud revenue growth and the Fed's hawkish rate cut, while Indian markets snapped their four-week rally on Friday with the Nifty 50 closing at 25,722 down 0.60% amid profit booking in banking stocks and mixed performance in Indian ADRs (HDFC Bank down 1.79%, ICICI down 1.40%, Infosys down 0.42%, and Reliance flat); Gift Nifty is signaling a gap-down opening around 25,822 for Monday's session as easing US-China trade tensions, stable crude oil around sixty-five dollars per barrel, and potential FII inflows provide some support, though near-term technicals suggest caution with key Nifty support at 25,700 and 25,500 levels, making today a consolidation day best approached with selective stock picking in resilient sectors like PSU banks and IT.