Market Summary: Dow Reclaims 50000, Constructive Signals from the Trump-Xi Summit, Domestic Fuel Prices Hiked by Rs 3 per litre

U.S. markets rallied as the Dow crossed the 50,000 milestone, supported by strong AI sentiment, upbeat earnings, and positive signals from the Trump‑Xi summit. Tech names led gains, while oil prices eased amid mixed geopolitical cues and revised demand outlook. The rupee recovered from record lows but remained under pressure. Domestically, Nifty extended its rebound, rising 277 points to 23,689, with broad support from improving sentiment. Technically, a move above 23,800 could strengthen momentum, while 23,262 remains a key support level. Indian markets are expected to open flat on mixed global cues.

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