FIIs sold approximately ₹600 crore in cash market equities while building fresh net short positions in index futures and options.
Trump delayed tariffs to August 1 and announced an additional 10% tariff on nations aligned with BRICS, presenting both opportunities and challenges for India.
No India-US deal was finalized over the weekend, but the 20-day delay provides time to negotiate an agreement.
Overall, market stability is expected, with potential upside if FIIs return.
We recommend focusing on high-quality stocks with tight stop-losses.