Dear Trader…
The benchmark indices extended their recovery with a strong rally today. The Nifty futures closed 166 points higher, while the Sensex surged 595 points, reflecting broad-based buying interest across sectors. Among the key sectoral indices, autos led the charge with a robust gain of over 1.5 percent, followed closely by consumer durables.
The positive momentum was largely driven by supportive global cues, with investors betting on a likely 25 bps rate cut in the upcoming US Fed policy meeting, along with renewed optimism over the resumption of India–US trade negotiations. On the domestic front, expectations of festive season demand and the rollout of new GST rates provided an additional boost, particularly to auto and consumer-focused stocks.
Looking ahead, market direction will be guided by progress in trade discussions and cues from the US Fed. At the same time, India’s strong macroeconomic fundamentals are expected to underpin upward earnings revisions, supporting current valuations and helping mitigate downside risks.
Nifty futures opened at 25178 points against the previous close of 25164 and opened at a low of 25152 points. Nifty Future closed with an average movement of 202 points and a rise of around 166 points and 25331 points…!!
On the NSE, the midcap 100 index will rise of 0.54% and smallcap 100 index is closing rise of 0.95%. Speaking of various sectoral indices only FMCG stocks were seen selling on the NSE, while all other sectoral indices closed higher.
At the start of intra-day trading, October gold opened at Rs.1,10,277, fell from a high of Rs.1,10,666 points to a low of Rs.1,10,070 with a rise of 211 points, a trend of around Rs.1,10,390 and December Silver opened at Rs.1,29,336, fell from a high of Rs.1,30,285 points to a low of Rs.1,29,214 with a rise of 605 points, a trend of around Rs.1,30,034.
Meanwhile, The FIIs as per Tuesday’s data were net sellers in equity segment, while they were net buyers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 10330.18 crore against gross selling of Rs 10666.63 crore. Thus, FIIs stood as net sellers of Rs 336.45 crore in equities.
In the debt segment, the gross purchase was of Rs 1421.51 crore with gross sales of Rs 1003.73 crore. Thus, FIIs stood as net buyers of Rs 417.78 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 432.08 crore, they stood at net buyers in Debt-VRR segment at Rs 49.27 crore, while net buyers in Debt-FAR segment at Rs 800.59 crore.
In the hybrid segment, the gross buying was of Rs 51.51 crore against gross selling of Rs 45.61 crore. Thus, FIIs stood as net buyers of Rs 5.90 crore in hybrid segment.
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