💰 1️⃣ FIIs Activity
FIIs have bought ₹10,000+ crore worth of stocks in the cash market showing strong inflows after the monthly expiry; however, on the F&O side they remain bearish with around 92,000+ net index shorts in index futures and continued short positions in index calls. Positioning is still negative but much improved compared to last month’s expiry.
🌍 2️⃣ Global Sentiment
Global markets remain upbeat ⚡ as traders eye the upcoming US–China trade talks and optimism around a possible India–US trade deal. Focus is also on the US Fed rate decision, where expectations of a rate cut are fueling bullish sentiment across Asian and emerging markets.
🧾 3️⃣ Result Season Watch
Corporate earnings remain a key concern 📉; while select largecaps have delivered strong numbers, overall momentum in the mid-cap space remains mixed. Investors are closely watching how Q2 earnings align with high valuations already built into the market.
📈 4️⃣ Technical View
Nifty continues to trade in a bullish zone — both price action and FII short-covering support strength on charts. Immediate resistance is seen near 26,300, which remains the next potential target if momentum sustains, while support is placed near 25,850.
🎯 5️⃣ Conclusion / Strategy
The market appears expensive, yet global tailwinds and domestic optimism keep the trend positive. Our stance: Focus on quality stocks delivering strong results and avoid chasing speculative rallies. Momentum traders can stay long with a trailing stop below 25,850.