FIIs Activity – After a long gap, FIIs turned buyers with ₹2,000+ Cr inflows in cash. In F&O, they cut some net index shorts but built fresh index call shorts, showing caution.
Global Sentiment – Risk-on mood continues with strong momentum across emerging markets, supported by global optimism.
Derivatives Setup – PCR > 1, indicating the market has slipped into an overbought zone; watch for volatility in the near term.
Domestic Triggers – Optimism around potential GST rate cuts could provide a strong boost to consumption-driven sectors.
Our View – Stay on the positive side of momentum, but avoid overtrading. Stick to quality names with tight stop-loss discipline.
