1) FII Activity

FIIs bought around ₹30 crores in the cash market. In the F&O segment, they reduced net index short positions and net index call shorts, clearly indicating short covering and a more positive stance towards the market.

2) Global Sentiment

Global markets remain volatile due to unexpected corporate result outcomes and the announcement of new AI tools, which has created mixed reactions among analysts. Overall sentiment is cautious but not risk-off.

3)Market Structure

Charts continue to look supportive. FII index long-short ratio stands strong at 22, while PCR is near 1.07, suggesting the market still has room to move higher from current levels.

4) Key Levels to Watch

Nifty: Support – 25,550 | Resistance – 25,925–26,100

Bank Nifty: Support – 59,900 | Resistance – 60,600-60800

5) Our View

This is a favorable phase to gradually build a portfolio of quality stocks delivering strong results. Maintain discipline and trade or invest with proper stop-loss.