💰 FIIs Activity
FIIs bought around ₹1,900 crore in the cash market, largely due to the Bharti Airtel block deal. However, in the F&O segment, they built fresh net short positions in Nifty and Bank Nifty futures, signaling a bearish near-term stance despite cash inflows.
🌍 Global Sentiment
Markets are eyeing the 15 August Trump–Putin meeting at Alkasa, aimed at discussing a potential Ukraine peace deal. Any breakthrough could boost global and Indian equities 📈 while putting pressure on Gold and Crude 📉 due to reduced geopolitical risk.
📊 Key Indicator – PCR
The Put-Call Ratio (PCR) stands at 0.66, deep in oversold territory. Historically, such levels often precede short-term market rebounds, even within a weak broader trend.
📉 Earnings Season Impact
With Q1FY26 results season nearly over, overall performance has been below expectations, contributing to the decline from the 25,800 peak. Weak earnings momentum is capping any sustained upside.
🎯 Tactical View
Stay cautious & news-driven, especially around the 15 August event. Avoid chasing short-covering rallies. Focus on fundamentally strong stocks and maintain strict stop-loss discipline. If a peace deal is announced, India could emerge as a major global equity beneficiary.
