Market Mood & Global Cues
Global markets are set with a cautious yet positive undertone today, influenced by strong US tech earnings and marginal risk-off sentiment in Asia. Gift Nifty signals a mildly negative but stable opening, tracking Wall Street’s overnight consolidation and Asian indices trading slightly lower.
Gift Nifty & Dollar Index Trend
Gift Nifty is indicating a start near 26,180–26,200, down 8 points vs previous close, suggesting subdued early moves but overall bullish undertone.
Dollar Index (DXY) hovers near 100.25, showing resilience and weekly gains as US Fed cut bets recede. Its firmness could mean some pressure on emerging market inflows.
Stocks to Watch & Action Picks
Axis Bank, Bharat Dynamics, Eicher Motors, Tata Consumer, Groww, Kotak Mahindra Bank, Max Financial, Reliance Industries, HDFC Bank, Tech Mahindra, MCX, Axis Bank, Bajaj Finserv, Hero Motocorp, CDSL
Sectors Moving Today
Financials, Oil & Gas, Capital Goods, and select Auto names are showing strength. Weakness persists in Media, PSU Banks, and Consumer Durables.
Nifty & Bank Nifty Key Levels
Nifty: Resistance at 26,500–27,000; support at 26,000–25,600. Bullish bias intact—watch for breaks above 26,350 for momentum.
Bank Nifty: Resistance: 59,500–60,000 | Support: 59,000–58,500. Record highs, trending up; overbought RSI signals caution on fresh longs.
Earnings & Ban List
Results: Billionbrains, and a few select mid-size companies will declare today.
Ban List stocks: VBL, INOX Wind, NMDC, JSW Energy
FII & DII Fund Flow
FII bought ₹1,580 crore Wednesday, marginal inflows support the uptrend. Domestic mutual funds maintain steady allocations. FPI assets under custody have hit a 14-month high at ₹81.53 trillion.