Dalal Street grapples with uncertainty as global leaders work to prevent a potential Middle East ground war triggered by Israel's contemplation of retaliatory action following a Hamas terrorist attack. Iran's threats have heightened tension, causing significant volatility in the benchmark Nifty. Given these developments, a cautious investment approach is advised. Specific trading recommendations include selling Nifty at the current market price with a stop at 19,907, targeting 19,507, 19,300, and more aggressive goals at 18,900. Selling Bank Nifty at the current market price with a stop at 44,701, targeting 43,600, 43,000, and more aggressive targets at 41,750 to 42,000. Investors face various pressing concerns, including divestment by Foreign Institutional Investors, the Israel-Palestine conflict, lacklustre corporate performance, rising US Treasury yields, expected Federal Reserve rate hikes, and an upcoming speech by Jerome Powell. Nifty and Bank Nifty also face technical challenges, contributing to the prevailing uncertainty. Monitoring Jerome Powell's speech is vital for insights into the central bank's future actions.