**GLOBAL & INDIA MARKET SNAPSHOT — JANUARY 30, 2026** **🇮🇳 India Market Action** Domestic indices showed resilience on Thursday, closing in the green for the third straight session. The **Sensex** climbed **222 points** (+0.27%) to settle at **82,566**, while the **Nifty 50** gained **76 points** (+0.30%) to end at **25,418**. Sentiment was buoyed by the **Economic Survey 2025-26**, which projects a robust GDP growth of **6.8–7.2%** for the upcoming fiscal year. However, signals for today are cautious. **GIFT Nifty** futures traded **55 points** lower early Friday, suggesting a negative opening. Investors remain watchful ahead of the upcoming Union Budget and amid sustained foreign fund outflows. **🇺🇸 US & Global Trends** Wall Street ended mixed overnight as major tech earnings drove volatility. The **Dow Jones** edged up **0.11%** to **49,071**, while the **S&P 500** slipped **0.13%**. The tech-heavy **Nasdaq** dropped **0.72%** to **23,685**, dragged down by a **10%** plunge in Microsoft shares over cloud growth concerns. Conversely, Meta surged **10%** on strong results. The Federal Reserve held interest rates steady at **3.50%–3.75%**, maintaining a "higher-for-longer" stance that continues to weigh on risk assets. **🛢️ Commodities & Currency** * **Gold:** Prices are seeing a historic run, trading near **$5,600** per ounce globally. In India, gold futures have touched fresh record highs, driven by safe-haven demand amid US-Iran tensions. * **Oil:** Brent Crude ticked up to trade around **$68–$70** per barrel following geopolitical warnings. * **Rupee:** The Indian currency remains under pressure, closing at a record low of **91.99** against the dollar due to global strengthening of the greenback. **🪙 Crypto Struggle** Digital assets faced a sharp sell-off. **Bitcoin** tumbled over **5%** to slump around **$84,400**, reaching its lowest levels since December. The drop correlates with the broader tech weakness and lack of immediate rate cut signals from the Fed. **Focus for Today:** Watch for volatility in Indian IT stocks following the Nasdaq's dip and reactiveness to the pre-Budget mood.