Dear All, Here's the key highlights from *Equity Monitor* , giving a snapshot of the Indian and Global equity market. 📌*Indian equities:* Nifty index rose on earnings resilience and defensive sector rotation. Nifty IT index fell on weak global tech spending and cautious FY26 guidance. Nifty Metals index rose on China stimulus hopes. 📌*Global markets:* Germany’s DAX index surged 20.5% CYTD, driven by May inflation drop. Japan’s Nikkei index fell 4.8% CYTD on economic slowdown and yen weakness. 📌*Macro Trends & Investor Flows:* CPI eased in May due to easing of food prices. Services PMI at 10-month high on strong demand and job creation. Click on the link below to read the full report. https://kotakmf.com/documents/Kotak_Equity_Monitor_30_May_2025 MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. Regards, Team Kotak MF