The Indian market struggled to recover due to mounting influence from weak global cues, resulting in sustained selling pressure on Thursday. The escalation of US bond yields is anticipated to restrict the influx of foreign investments into the Indian market, further impacting market dynamics.Several factors have contributed to the market's ongoing weakness, including the faltering Chinese economy and Fitch's warning to downgrade US mid-sized banks. In the absence of positive triggers, this prevailing weakness is expected to persist in the near term.Option data indicates a broader trading range between 19,000 to 19,700 zones, with an immediate trading range estimated to be between 19,200 to 19,500 zones.Pre-Market Indicators:GIFT Nifty (Earlier SGX Nifty) Signals a Positive Start: GIFT Nifty on the NSE IX traded 16.5 points, or 0.09%, higher at 19,299.50, signaling a positive start on Friday for Dalal Street.Technical View: The market sentiment remains negative as the index continues to stay below a crucial moving average. An approach of selling on rallies might be effective as long as the level of 19,525 remains unbroken. On the downside, immediate support is expected around 19,250 levels in case of any decline.India VIX: India VIX, a measure of market fear, rose by 0.95% to settle at 12.24 levels.US indexes Dip: Wall Street's main indexes closed lower on Thursday after volatile trading. Losses in healthcare stocks overshadowed gains in Cisco and energy stocks. Upbeat economic data kept alive concerns of interest rates remaining higher for a longer period.- Dow fell 0.84%- S&P 500 down 0.77%- Nasdaq fell 1.07%Asian Market Fall: Asian shares experienced their sixth consecutive daily decline amid worries about China's economic situation and concerns about higher interest rates.- S&P 500 futures remained stable as of 9:19 a.m. Tokyo time. The S&P 500 had fallen by 0.8%.- Nasdaq 100 futures fell 0.1%, and the Nasdaq 100 itself declined by 1.1%.- Hang Seng futures decreased by 0.6%.- Japan's Topix fell by 0.7%.- Australia's S&P/ASX 200 dropped by 0.2%.- Euro Stoxx 50 futures experienced a decline of 1.3%.Oil Prices Down: Oil prices appeared to be on track to end a seven-week winning streak on Friday. Concerns about demand growth in China due to its slowing economy and the possibility of higher US rates triggered losses.F&O Ban List Today:- Indiabulls Housing Finance- Delta Corp- GNFC- PNB- Chambal Fertilisers & Chemicals- India Cements- Granules- ZEEL- Hindustan Copper- SAILSecurities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.FII/DII Action: Foreign portfolio investors turned net sellers, offloading shares worth Rs 1,510 crore on Thursday. Domestic institutional investors (DIIs) also sold shares worth Rs 314 crore.Rupee: The Indian rupee experienced a drop to its lowest closing level ever at 83.14 against the dollar. Rising US yields and a risk-averse environment weighed on the local currency.Disclaimer: The information provided here is based on available public information and should not be construed as official statements or financial advice. Always refer to authoritative sources for the latest updates on business transactions and investments.