📉The Indian stock market faced pressure from Reliance and result-related weakness, causing the Nifty to drop.
🌡️Factors such as Europe's cold weather warning and oil export from India to Europe influenced the market.
📊US major indices closed negative, with Google, Microsoft, and AMD reporting earnings.
🐻Technical indicators suggest a bearish outlook for Nifty and Bank Nifty.
💡Key levels to watch are 21,500 and 45,000 for Nifty and Bank Nifty respectively.