Markets face potential volatility as Q3 earnings season concludes. GIFT Nifty indicates a negative start, trading lower by 0.50%. US markets experienced significant tech stock selloff, with Nasdaq dropping 2.04% amid AI disruption concerns. Asian equities also retreated, reflecting global market uncertainty. Foreign portfolio investors net bought shares worth Rs 108 crore, while domestic institutional investors were net buyers at Rs 277 crore. India VIX, measuring market fear, rose 1.5% to 11.72 levels. Investors should monitor global and domestic inflation, trade developments, and potential AI-related market impacts. The rupee appreciated 17 paise, settling at 90.61 against the US dollar, supported by foreign fund investments. Stock-specific activity and market range-bound movement expected in upcoming trading sessions.
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