Indian markets experienced a significant downturn this week, with the Nifty losing over 1.28% and breaching key support levels. Volatility surged as the India VIX climbed, indicating heightened investor caution. While Indian equities showed resilience against global peers, the near-term trend appears weak, suggesting a cautious approach and focus on capital preservation for the upcoming trading sessions.
US stocks: S&P closes at record high as soft jobs report eases rate-hike concerns
The US stock market enjoyed a significant boost on Friday as the S&P closed at an all-time high. The unexpected rise in job losses led