📊 Daily Market Analysis

1) FII Activity

FIIs sold over ₹2,100 crores in the cash market.

In the F&O segment, they reduced a small portion of their net index short positions, but overall participation remains cautious.

2) Global Sentiment

Global sentiment is negative, led by continuous weakness in IT stocks.

The absence of strong positive triggers is keeping risk appetite low across global markets.

3) Market Structure

On charts, Nifty looks weak, reflecting pressure from global cues.

Bank Nifty has broken its key support level, indicating short-term weakness and lack of buying interest.

4) Key Levels to Watch

Nifty: Support at 25,475 | Resistance at 25,800

Bank Nifty: Support at 59,650 | Resistance at 60,300

5) Our View

The market has not shown follow-up buying since Tuesday’s levels.

We recommend stock-specific trades only, with strict stop-loss discipline, and avoiding aggressive positions.