Global markets opened subdued as investors adopted a cautious stance. US equity futures edged lower, mirroring a lackluster Wall Street session. Investors are keenly awaiting economic data and Federal Reserve policy signals. The yen weakened against the dollar, prompting warnings from Japanese authorities. Oil prices extended their decline. Attention is also on the US government shutdown’s resolution.
Oversold signals emerge amid market slide; technical charts hint at possible relief rally
Indian equity markets are experiencing significant volatility after three days of selling. Technical indicators suggest a potential short-term rebound due to extreme oversold conditions, with