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Tech cities in uproar, US markets tumble for the second day. Nasdaq down 580 points, S&P 500 falls over 100 points. Dow also gives up 200 points from day's high, closing down 45 points. Gift Nifty strong, opening near 870. Dow Futures sluggish. After heavy fall yesterday, Korean markets up 2% today. Trump claims oil crossing 1 crore 90 lakh barrels from Hormuz. Says Iran fully agrees to nuclear investigation. Hence, talks could progress. Iran will buy only American goods with released funds. Crude oil falls for the second day below 77, lowest level since war began, amid improving situation in Hormuz. Dollar Index at 13-month high, above 101, strong for the fourth consecutive day. Silver in global markets plunges 6% to 6-month low, while gold slips 2%. In domestic markets, gold falls ₹1600 to near ₹146500, silver drops ₹8500 to close below ₹26000. Widespread selling in base metals due to dollar surge. Copper down 2%, aluminum slips 3%. Amid small ₹17 crore cash purchase by FIIs yesterday, net selling of ₹2000 crore. Domestic funds bought shares worth ₹680 crore for the second consecutive day. Government to sell 2% stake in IRFC through OFS. Issue opens today for non-retail at a floor price of ₹91, and for retail tomorrow. At 8:00 AM, we will know from Anil Singhvi whether to invest in OFS or not. Big action by ED on Rajesh Exports. Raids at five locations in Bengaluru and one in Mumbai. Strong response to Waterways Leisure Tourism IPO. Retail portion fully subscribed on the first day. Price band ₹769 to ₹808. Anil Singhvi advises investing for listing gains and long term. Heavy rain in Mumbai and surrounding areas since yesterday evening. Meteorological department issues alert for heavy rain in the next 24 hours.