FIIs Activity
Foreign Institutional Investors (FIIs) sold around ₹2,000 crore in the cash segment. In the F\&O space, they’ve added net short positions in both Nifty and Bank Nifty — showing growing caution.
Global Cues
The U.S. has signed a trade deal with the EU, and talks with China may lead to a 90-day extension of their tariff truce. Positive for global markets. However, India’s delay in sealing a trade deal with the U.S. might weigh on sentiment.
Earnings Snapshot
This result season is falling short of expectations. Heavyweights are failing to deliver meaningful surprises. Valuations remain stretched, making markets vulnerable to disappointments.
Near-Term Risk
With global event risk and macro uncertainty building into August, expect higher volatility. Lack of strong earnings drivers could keep the pressure on.
Tactical View
Stay cautious. Focus on quality names with solid fundamentals. Use strict stop-losses. Volatility may throw up quick trades — only for the disciplined.
