good news from the markets. It's been a bright start to the week. Sai Hasn't it get us all the details? Absolutely. Shika marvellous Monday really for markets with both the nifty and the surging in trade now, of course, what are the factors really for this surge? US debt ceiling deal one. Of course. We saw Asian markets surge before even Indian markets opened in trade and Indian markets, Clearly following those strong earnings. Really, experts believe we've had a strong earnings session so far a strong earnings season so far. And that's also the reason for this uptake. Now, of course, heavy weight stocks like, of course, Adani Group stocks, banking stocks in particular, outperforming. Remember, we saw the nifty bank really outperform and hit a fresh record high right at the opening. We've also seen I I Lombard share prices jump after IC IC bank, remember, has OK raising stake size in that and of course, Asian markets is what really started the day off, with a bright green tech and the US debt ceiling deal really being chewed through. So now to decode this further, we have a Baleka market expert joining us. Thank you. So much for your time, sir. So clearly, markets globally rejoicing the US debt ceiling deal. Absolutely. Because I think that was very important for the global economy as well as global markets because we really could not afford sort of a default in the US And in case that would have happened, I think most of the tragedies across the globe would have been in trouble. So since this deal is more or less done, I think that's one of the main reasons why we have seen the The markets are shooting up. I think the second reason, like you mentioned, was clearly on the earnings because after a long time we have seen that the for earnings have been by far quite good. So that's also right and your thoughts for Indian markets going forward, sir. I mean, we are clearly in a bull zone right now. I think those levels of 832,000, I think that should be forgotten, at least for the time being, and I clearly see the markets moving up, but then would it move up in one line? I doubt because we will see some directions in between, but clearly we are a bullish. All right, so we are in a bullish zone going forward. That's of course, news that we can all cheer. But, you know, going forward, Many believe that look, European markets are yet to open. US markets, of course, start today. So what are your expectations come tomorrow, even tomorrow, Possibly we could see the markets holding up. But like I said, it will not be a one way one rate move up. We will have correction. So I see. I mean, 18,500 to 18,708 100. I mean, where we are right now, possibly be a condition where we could see a consolidation while we could see sideways corrections and then possibly the market can go further from there because we should remember that. I mean, when we are talking of doom and gloom across the globe, I think Indian economy would be one of the most performing One would be a bright spot, so it's quite natural that we will have I mean, liquidity coming into the Indian market. I also started investing into India, so that really shows that there's a lot of interest in the Indian market. So because of which I'm saying that we should see much higher levels, but it may not be in one go. We could see some and possibly in the next three or four months. All right, thank you so much for sharing your initial thoughts. So, really, Indian markets is a bright spot going forward, that's all. From business news at the moment, back to Russia with other news.
