FIIs bought 934 Crs stocks in the cash segment, while in F&O, they cut their net index short positions by over 2,000 contracts.
The Iran-Israel conflict has escalated. Iranian missile strikes hit an Israeli hospital and stock exchange, with severe hostilities reported. Israel already have issued evacuation warnings for northern Tehran and the Fordow nuclear site. If the ceasefire is not possible within the next week then the conflict may prolong like Russia-Ukraine, negatively impacting global equity markets.
Crude oil and natural gas are in a strong bullish trend, and any new adverse news could further spike prices, especially for natural gas.
The next week is critical for global equity markets. Our advice: avoid rushed buying, monitor closely, and invest in quality stocks with tight stop-losses.
