12/05/2026
Market Update ๐ฐ:
- ๐ฎ๐ณ Indian Market: Dalal street closed in red today as weak global sentiment and rising crude oil prices kept investors cautious โ ๏ธ. Profit booking after the recent rally and uncertainty around upcoming US inflation data also pressured market mood. Meanwhile, FIIs stayed selective, the rupee traded weaker against the dollar ๐ต, and investors continued closely tracking Q4 earnings for fresh market direction.
- ๐ Market Breadth: On the NSE, 417 stocks ended in the green, while 2570 stocks closed in the red.
- ๐ Global Market: Major indices turned cautious today as rising Middle East tensions pushed oil prices higher, which increased worries about inflation and made investors nervous ahead of key US inflation data ๐บ๐ธ. Because of this, European markets closed lower and Wall Street futures stayed under pressure, while Asian markets traded mixed after heavy profit booking in tech stocks ๐ค๐. Meanwhile, a stronger US dollar also pulled gold prices down.