Indian markets enter today’s session with strong momentum after Nifty confirmed a technical breakout in the previous session.<\/p>\n
While global cues remain largely neutral, institutional buying and the recent breakout have shifted the focus toward whether the market can continue its upward move.<\/p>\n
The only major concern remains crude oil, which has rebounded sharply once again.<\/p>\n
##Global Cues
\nUS Markets Plunge Sharply<\/p>\n
\u2022 US indices witnessed a heavy sell-off in the last session, ending deep in the red.<\/p>\n
\u2022 Global sentiment has turned risk-off, with sharp pressure seen across major indices.<\/p>\n
This weak global cue may weigh on early sentiment, making domestic strength and institutional flows even more critical for today’s session.<\/p>\n
—–>Crude Oil Jumps Another 7%<\/p>\n
After recent volatility, crude oil has surged nearly 7% again.<\/p>\n
Higher crude prices remain the biggest headwind for Indian equities<\/p>\n
##FII \/ DII Activity (29 July 2026)
\nCash Market<\/p>\n
\u2022 FII: +\u20b92,981.87 crore<\/p>\n
\u2022 DII: +\u20b9998.02 crore<\/p>\n
FII Derivatives<\/p>\n
\u2022 Index Futures: +\u20b91,711.14 crore<\/p>\n
\u2022 Index Options: +\u20b96,895.88 crore<\/p>\n
\u2022 Stock Futures: +\u20b93,263.12 crore<\/p>\n
\u2022 Stock Options: +\u20b9310.66 crore<\/p>\n
The positioning was broadly bullish.<\/p>\n
FIIs were buyers across the cash market, index futures, index options, stock futures and stock options,<\/p>\n
##Nifty Has Already Given a Breakout<\/p>\n
Yesterday’s breakout has changed the short-term technical structure of the market.<\/p>\n
Key Levels<\/p>\n
Immediate Support: 24,000<\/p>\n
Upside Zone: 24,300\u201324,400<\/p>\n
Sectors in Focus—–> METALS
\n!HINDALCO
\n!SAIL
\n!JSWSTEEL
\n!JINDALSTEL
\n!VEDL<\/p>\n
##Bottom Line<\/p>\n
The technical setup continues to favour the bulls.<\/p>\n
A confirmed Nifty breakout, combined with strong FII buying across both cash and derivatives, suggests the market has the potential to extend its rally.<\/p>\n","protected":false},"template":"","article-category":[898,35],"article-tags":[],"class_list":["post-166649","article","type-article","status-publish","hentry","article-category-indicators","article-category-learn"],"acf":[],"_links":{"self":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article\/166649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article"}],"about":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/types\/article"}],"wp:attachment":[{"href":"https:\/\/signalz.pro\/api\/wp\/v2\/media?parent=166649"}],"wp:term":[{"taxonomy":"article-category","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-category?post=166649"},{"taxonomy":"article-tags","embeddable":true,"href":"https:\/\/signalz.pro\/api\/wp\/v2\/article-tags?post=166649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}