1. FII Activity:
Foreign Investors sold over ₹200 crore worth of equities in the cash segment, while simultaneously adding fresh shorts in both index futures and call options — indicating a cautious to bearish stance.
2. Global Sentiment:
Global mood remains stable for now following Trump’s latest remarks on China. However, clarity will emerge only after the upcoming US–China trade negotiations, which could sway market direction.
3. Domestic Resilience:
Indian equities continue to show strong resilience amid global uncertainty, largely supported by consistent DII buying which is absorbing the FII outflows.
4. Commodities – Gold & Silver Surge:
Precious metals are rallying sharply on reports of supply shortages across major commodity exchanges, especially silver at LME. Such parabolic moves often mark late-stage rallies — avoid FOMO buying.
5. Earnings Season & Outlook:
Q2 results season has begun without any major positive surprises so far. With the recent Chinese market correction, MSCI weightage changes appear unlikely in the next re balance.
Our stance: Stay cautious, and always trade with a stop-loss.