Wall Street delivered mixed results Wednesday with the S&P 500 flat at 6,890, the Dow down 0.2% to 47,632, and the Nasdaq hitting a record high at 23,958, up 0.5%, as the Federal Reserve cut rates by 25 basis points but Chair Powell dampened hopes for a December cut due to government shutdown-induced data uncertainty. Nvidia surged over 5% toward $5 trillion valuation on massive AI chip bookings, while after-hours trading saw Alphabet jump 6% on strong cloud/ad revenue, Microsoft slip 3% on AI cost concerns, and Meta tumble 8% on elevated expense guidance. Indian ADRs showed mixed performance with Reliance up 1.39%, ICICI Bank up 0.39%, HDFC Bank flat at 0.03%, and Infosys marginally down 0.06%. Gift Nifty points to a positive opening at 26,134, up 148 points from Wednesday's close of 26,053, while Asian markets trade cautiously ahead of the crucial Trump-Xi meeting in South Korea that could reshape US-China trade relations. Key domestic cues include strong DII buying of ₹5,692 crores offsetting FII selling of ₹2,540 crores on October 29, RBI's dovish stance with GDP upgraded to 6.8%, two active mainboard IPOs (Orkla India and Studds Accessories), technical resistance for Nifty at 26,106-26,270 with support at 26,000-25,812, and commodities showing crude at $60.25 (down 0.21%), gold rallying 1.08% to ₹1,20,671 per 10 grams, and silver continuing its strong run at ₹152 per gram.