📉 FIIs Activity
Foreign Institutional Investors sold ₹5,000+ crs in the cash market, while in the F&O segment they have built significant net index call shorts. This positioning clearly signals a short-term bearish outlook from FIIs.
🌍 Global Sentiment
The revised U.S. Q2 GDP numbers came in stronger than expected, pointing to resilient growth. While that’s good for the U.S. economy, it diminishes hopes of near-term Fed rate cuts, pushing global sentiment towards the negative side.
💊 Sector-Specific Shock
Donald Trump’s announcement of fresh tariffs on Pharma imports has created headwinds for Indian equities. Pharma stocks came under pressure, and this tariff move has added another layer of uncertainty for the market.
📊 Market Technicals
The Nifty broke below the 25,000 mark, which is a critical psychological level. The next important support lies at 24,750, but even that looks vulnerable given the tariff shock. If this level doesn’t hold, markets may slide further in the short term.
⚠️ Our Stance
The bias remains cautious and defensive. With FIIs’ aggressive short buildup and global plus domestic headwinds, traders should avoid over-leveraging. Stick to strict stop-losses (SL) and avoid high-risk trades until clarity emerges.
