Tariff Shock Keeps Markets on Edge; Volatility Expected to Persist

• Indian equity markets experienced a volatile week, with benchmark indices up 0.39% while small-caps slipped 0.50% due to geopolitical tensions, rising crude oil, and FII selling.
• Mixed sector performance saw PSU Bank and energy stocks gain, while Auto, IT, and Media indices ended in the red; IT stocks faced pressure from a global AI summit.
• US-Iran peace talks and Trump's increased tariffs (10% to 15%) on global goods added to market uncertainty, with FIIs extending their selling streak.
• Nifty closed at 25,571, showing underlying weakness with a bearish crossover and the 20-day moving average acting as resistance, signaling continued selling pressure.
• Technical indicators like the Daily Average Swing Indicator and put-call ratio show bearish signals, suggesting potential corrections and lower levels ahead for the market.