GIFTNifty trading with a discount of over 70 points from Nifty Futures' Wednesday close. Indicates a gap-down start for the Indian market US Markets come off days high after Fed signals it’s in no hurry to cut rates! 🇺🇸 Markets on Wednesday #dowjones -0.1% #nasdaq +0.13% S&P500 -0.03% Federal Reserve’s latest policy update -Kept its key rate unchanged in a range of 4.25% to 4.5% -Chair Powell signaled it would wait to see the impact of President Donald Trump’s tariffs on inflation before proceeding on rates Turned out to be a mixed bag of news for investors 👉 Central bank signaled two rate cuts this year while simultaneously hinting at a stagflationary threat 👉 Policymakers lowered the 2025 forecast for economic growth to just 1.4% & raised the core inflation outlook to 3.1%. 🇮🇷 🇮🇱 #iranisraelwar Iran Israel Conflict marks its 6th day of conflict, no signs of descalation! Iran’s supreme leader, Ayatollah Ali Khamenei, said Iran won’t surrender & warned that the U.S. will “undoubtedly be met with irreparable damage” if it enters the conflict Other Asset Classes 🇺🇸 10-year Treasury yield at 4.40% 💲Dollar Index at 98.5 ⛽️ Brent Crude steadies to around 75$/barrel, Trump says Iran wants to negotiate 💸 Bitcoin at 105040$ 🪙 Gold at 3392$/ounce 🔥 Platinum +5.1% to $1,327, highest since February 2021!