Global Bazaar Update:

• US Markets: Ended lower, down around 2.5%, following renewed criticism of Fed Chair Jerome Powell by President Donald Trump, raising concerns over central bank autonomy.

• European Markets: Closed on a flat to negative note.

• Asian Markets: Trading mixed, mirroring global cues and reacting to US political and economic developments.

Domestic Update:

• The Indian government has imposed a 12% safeguard duty on select steel imports from developed nations, China, and Vietnam, effective for 200 days to curb cheap inflows and protect domestic producers.

• Sensex up by 100 points, Nifty up by 30 points.