Indian share markets are trading lower, with the Sensex trading 472 points lower, and the Nifty is trading 124 points lower.

The dollar sold off across the board as the Fed received DoJ subpoenas, reigniting both independence risks and a brief return of ‘sell-America’ trade.

The dollar kept up its dominance over the pound as prices sank to a fresh low.

New highs and improving leadership are colliding with fading breadth, heavy headlines, and policy uncertainty. Momentum is intact, but hesitation beneath the surface keeps this market exciting and unsettling.