💼 FII Activity

FIIs sold over ₹3,600 crores in the cash market. However, in the F&O segment, the FII long–short ratio has improved to 8.45 from Friday’s 7.5, indicating some easing in bearish positioning.

🌍 Global Sentiment

Global sentiment remains neutral, with elevated concerns around the Iran–US conflict. On the positive side, recent comments from the US Envoy regarding upcoming India–US trade deal talks triggered a strong bounce in our markets, reviving optimism and offering support to equities.

📈 Market Structure

On charts, Nifty indicates a possible fake breakdown. A strong close above 25,750 is a constructive sign and suggests the market may recover further from current levels.

🧭 Key Levels to Watch

Nifty: Resistance — 25,925 | Support — 25,650

Bank Nifty: Resistance — 59,625–59,850 | Support — 58,750

⚠️ Our View

The result season has begun with TCS and HCL delivering results in line with expectations. Focus on stocks showing strong earnings performance and take positions selectively with strict stop-loss discipline.