Global Risk Aversion & Indian Equity Outlook **Global Markets** * **Risk-Off Sentiment:** Global markets have shifted to a risk-averse stance following renewed US tariff threats targeted at Europe. * **Safe Haven Flows:** Investors are fleeing to safety, driving increased capital allocation toward **gold**. * **Asian Resilience:** despite the broader global tension, Asian markets have demonstrated relative resilience. **Indian Equities** * **Bearish Momentum:** Domestic equities remain under pressure, continuing a bearish trend. * **Key Drivers:** Market sentiment is weighed down by persistent **Foreign Institutional Investor (FII) outflows**, heightened volatility, and weakening technical indicators. * **Near-Term Outlook:** Analysts anticipate a period of consolidation as the market navigates the ongoing earnings season.