💼 FII Activity
FIIs sold over ₹1,500 crores in the cash market. In the F&O segment, they built fresh net index futures shorts and reduced net index call long positions, indicating a cautious to mildly bearish bias in the near term.
🌍 Global Sentiment
US markets witnessed some profit booking after touching lifetime highs. However, overall global sentiment remains neutral, with no major risk-off signals visible yet.
📈 Market Structure
Markets are consolidating in a range of 26,000–26,300 on Nifty. With the result season set to begin shortly, there are higher chances of an upward move once earnings-related clarity emerges. The pharma sector has been outperforming for the last 3–4 trading sessions—worth keeping a close watch.
🧭 Key Levels to Watch
Nifty: Support — 26,050 | Resistance — 26,220
Bank Nifty: Support — 59,750 | Resistance — 60,300
⚠️ Our View
Result season is around the corner. Focus on quality stocks with strong fundamentals and trade/invest with strict stop-loss discipli