π FIIs Activity
FIIs sold nearly βΉ1,200 crore worth of equities in the cash market. In the F&O segment, they trimmed some index short positions but overall positioning still leans cautious.
π Global Sentiment
Global cues remain broadly positive with no immediate signs of panic, but underlying volatility risks persist.
π Market Outlook
Expect Nifty to trade in a broad range of 23,850β24,900 until we get fresh triggers. Short-term moves are likely to remain choppy. Overall PCR is now standing at 1.0 which indicates market are not out of oversold territory.
β Key Watch
All eyes on US inflation data and Indiaβs CPI data today β both could set the tone for the next move in global and domestic markets. Macro events and news flow till 15 August may keep volatility high.
π― Our Stance
Focus on fundamentally strong stocks with tight stop losses. Avoid over-leveraging and chase only high-conviction setups.
