FIIs Activity
FIIs sold over ₹2,500 crore worth of equities in the cash market.
In the F&O segment, they have slightly reduced their net index short positions — signaling some short-covering but no clear bullish reversal yet.
Global Cues
US markets surged overnight on hopes of a September Fed rate cut, driven by weaker-than-expected job data.
Most global indices are stable and trading firm — except France, which remains under pressure due to ongoing political uncertainty.
India–US Tensions Escalate
Geopolitical pressure continues to mount.
Donald Trump recently stated that the US may impose fresh tariffs on India if it continues to import oil from Russia.
This signals further deterioration in India-US diplomatic ties, which is likely to affect investor sentiment negatively.
Indian markets are showing signs of decoupling from global rallies, dragged down by geopolitical worries and disappointing Q1 earnings.
Market Outlook
Given the weak earnings season and global headwinds, markets are struggling to hold higher levels.
The tariff uncertainty only adds to the pressure.
Our Stance
Stay cautious.
Avoid aggressive positions.
Focus only on fundamentally strong stocks with high conviction and maintain a strict stop-loss discipline.