✅ FIIs Activity – FIIs were on the selling side in cash while in the derivatives segment they increased their net index short positions. They also trimmed some index call shorts and added fresh index put positions — showing a mixed but slightly cautious stance.
🌍 Global Sentiment – Mood remains neutral to positive after the Fed cut rates as expected. However, another rate cut in December looks tough given the ongoing U.S. government shutdown which is nearing a month.
🤝 Key Event Watch – All eyes are on the much-awaited meeting between Trump and Xi. Any hint of positive progress could lift global as well as domestic market sentiment.
📊 Technical View – The market structure remains firm with strong support near 25850. As long as this base holds, there’s a good chance of an upward move towards 26300 during this week.
💡 Our Take – Stay cautious but keep a bullish bias. Focus on fundamentally strong stocks that can outperform even in a choppy market.