📉 FIIs Activity
FIIs sold approximately ₹20 crore worth of equities in the cash segment.
In the F&O segment, they built fresh net index short positions of nearly 12,000 contracts, indicating a negative near-term bias.
🌍 Global Cues
Global markets remain stable with a broadly neutral sentiment.
However, Indian equities have decoupled from their global peers due to rising geopolitical risks.
📰 Key News & Triggers
Donald Trump has warned that if India continues to purchase Russian crude oil, he will impose another round of penalties or tariffs within the next 24 hours.
This development is expected to keep Indian markets volatile and weak in the coming weeks, unless positive news emerges on a trade deal or GST concessions.
🏦 Domestic Events
The RBI will announce its policy decision today at 10 a.m. Market consensus points towards no rate change, and a significant positive surprise is unlikely given the monetary boost already provided in the previous decision.
📌 Market Outlook & Strategy
We anticipate a weak undertone in the market through this month and possibly into next month.
Every bounce is an opportunity to short until Nifty crosses and sustains above 24,900.
Our stance remains — focus on fundamentally strong stocks with stop-losses, and look to short indices on rebounds.
