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Dear Trader…

Markets traded in a lackluster manner and ended almost unchanged, taking a breather after the recent surge. Following an initial gap-up opening, Nifty future quickly gave up its gains and moved in a narrow range for the rest of the session.

Meanwhile, a mixed trend persisted across sectors, with IT, Pharma, and energy emerging as gainers, while realty and banking remained slightly on the back foot. The broader indices also paused after a strong spell of outperformance, closing the day on a flat note.

Participants remain slightly cautious amid mixed global cues, and the divergent trend among index heavyweights continues to weigh on overall sentiment. Amid this, we maintain our positive outlook and suggest adopting a “buy on dips” approach, with a strong emphasis on stock selection.

We are seeing increased participation from sectors like auto, IT, and Pharma, which were previously on the sidelines, now joining the uptrend on a rotational basis. Traders should align their positions accordingly.

Nifty futures opened at 25222 points against the previous close of 25181 and opened at a low of 25130 points. Nifty Future closed with an average movement of 119 points and a decline of around 21 points and 25160 points…!!

On the NSE, the midcap 100 index will rise 0.01% and smallcap 100 index is closing rise 0.14%. Speaking of various sectoral indices Only Realty, PSU Bank, Private Bank, Auto and Oil & Gas stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, August gold opened at Rs.96600, fell from a high of Rs.97335 points to a low of Rs.96276 with a rise of 22 points, a trend of around Rs.97195 and July Silver opened at Rs.1,06,725, fell from a high of Rs.1,07,369 points to a low of Rs.1,06,317 with a decline of 70 points, a trend of around Rs.1,07,017.

Meanwhile, Additionally, the trade agreement between India and the four-nation European bloc EFTA (European Free Trade Association comprising Iceland, Liechtenstein, Norway, and Switzerland) is likely to come into force from Sept’25 as per India’s Commerce Minster. Investors will be closely watching Trump’s speech later today and the U.S. inflation report due on Wednesday and India CPI due on Thursday, for further direction.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read and agree Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets began the week on a positive note, gaining nearly half a percent, extending Friday’s rally. Following an initial gap-up start, the Nifty future traded within a narrow range throughout the session and eventually settled at the 25,181.80 level. Most sectors moved in line with the benchmark and closed higher, with energy, IT, and financials among the top gainers.

The up move in the index was largely in line with expectations; however, mixed performance from heavyweights – particularly in the private banking space – limited the momentum. We maintain our bullish outlook and recommend a focus on selective stock picking during any intermediate consolidation or dip.

At the same time, participants should exercise caution, especially in the small- and mid-cap segments, which are currently buoyed by strong domestic flows and sentiment. Emphasis should remain on themes and stocks where the risk-to-reward ratio continues to be favorable.

Nifty futures opened at 25205 points against the previous close of 25096 and opened at a low of 25147 points. Nifty Future closed with an average movement of 86 points and a rise of around 85 points and 25181 points…!!

On the NSE, the midcap 100 index will rise 1.13% and smallcap 100 index is closing rise 1.57%. Speaking of various sectoral indices only Realty stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, August gold opened at Rs.96860, fell from a high of Rs.96937 points to a low of Rs.96285 with a decline of 352 points, a trend of around Rs.96684 and July Silver opened at Rs.105460, fell from a high of Rs.106436 points to a low of Rs.1,05,136 with a rise of 826 points, a trend of around Rs.1,06,285.

Meanwhile, The FIIs as per Monday’s data were net buyers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 15541.40 crore against gross selling of Rs 14276.40 crore. Thus, FIIs stood as net buyers of Rs 1265.00 crore in equities.

In the debt segment, the gross purchase was of Rs 2120.10 crore with gross sales of Rs 1451.68 crore. Thus, FIIs stood as net buyers of Rs 668.42 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 736.25 crore, they stood at net sellers in Debt-VRR segment at Rs 374.00 crore, while net buyers in Debt-FAR segment at Rs 306.17 crore.

In the hybrid segment, the gross buying was of Rs 25.61 crore against gross selling of Rs 39.11 crore. Thus, FIIs stood as net sellers of Rs 13.50 crore in hybrid segment.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets ended the week on a firm note, gaining nearly a percent, supported by favorable domestic cues. The tone was initially cautious ahead of the outcome of the MPC’s monetary policy review, but sentiment turned sharply positive following the surprise announcement of a 50-basis points repo rate cut and a staggered 100 basis points reduction in the CRR. This triggered a strong upward move, followed by a range-bound phase for the remainder of the session. Eventually, the Nifty future index settled near the day’s high at 25,096.30.

All key sectors contributed to the rally, with rate-sensitive segments such as realty, financials, and auto emerging as top gainers, closely followed by others. Going forward, the impact of the rate cut is expected to continue influencing market sentiment. Rate-sensitive pack, along with select themes like railways, are likely to stay in focus, while other sectors may contribute on a rotational basis. We continue to recommend a “buy on dips” strategy with an emphasis on selective stock picking.

Nifty futures opened at 24854 points against the previous close of 24861 and opened at a low of 24750 points. Nifty Future closed with an average movement of 389 points and a rise of around 234 points and 25096 points…!!

On the NSE, the midcap 100 index will rise 1.21% and smallcap 100 index is closing rise 0.81%. Speaking of various sectoral indices only Media stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, August gold opened at Rs.98248, fell from a high of Rs.98573 points to a low of Rs.97528 with a decline of 227 points, a trend of around Rs.97647 and July Silver opened at Rs.1,05,316, fell from a high of Rs.1,06,084 points to a low of Rs.1,05,107 with a rise of 1239 points, a trend of around Rs.1,06,682.

Meanwhile, The FIIs as per Friday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 18264.79 crore against gross selling of Rs 18215.38 crore. Thus, FIIs stood as net buyers of Rs 49.41 crore in equities.

In the debt segment, the gross purchase was of Rs 2236.92 crore with gross sales of Rs 2501.03 crore. Thus, FIIs stood as net sellers of Rs 264.11 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 79.79 crore, they stood at net buyers in Debt-VRR segment at Rs 257.27 crore, while net sellers in Debt-FAR segment at Rs 441.59 crore. In

the hybrid segment, the gross buying was of Rs 23.39 crore against gross selling of Rs 6.73 crore. Thus, FIIs stood as net buyers of Rs 16.66 crore in hybrid segment.

Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets traded range-bound but managed to close marginally in the green, taking a breather after Tuesday’s decline. Following an initial uptick, the Nifty future oscillated within a narrow range and eventually settled at 24,729. A mixed trend across sectors kept traders engaged, with metals and energy ending higher, while realty and financials closed in the red.

This pause in the index can largely be attributed to the stability in banking stocks and a noticeable cool-off in the India VIX. However, participants are advised not to read too much into this move and should maintain a cautious stance ahead of the weekly expiry on Thursday. Additionally, focus should remain on a stock-specific trading approach, given the rotational buying observed across various themes.

Nifty futures opened at 24710 points against the previous close of 24675 and opened at a low of 24637 points. Nifty Future closed with an average movement of 123 points and a rise of around 54 points and 24729 points…!!

On the NSE, the midcap 100 index will rise 0.71% and smallcap 100 index is closing rise 0.79%. Speaking of various sectoral indices only Realty stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, August gold opened at Rs.98012, fell from a high of Rs.98266 points to a low of Rs.97679 with a rise of 301 points, a trend of around Rs.98022 and July Silver opened at Rs.1,01,331, fell from a high of Rs.1,01,663 points to a low of Rs.1,00,720 with a Decline of 186 points, a trend of around Rs.1,01,030.

Meanwhile, The FIIs as per Wednesday’s data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 17396.95 crore against gross selling of Rs 20691.97 crore. Thus, FIIs stood as net sellers of Rs 3295.02 crore in equities.

In the debt segment, the gross purchase was of Rs 1808.07 crore with gross sales of Rs 5593.12 crore. Thus, FIIs stood as net sellers of Rs 3785.05 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 128.24 crore, they stood at net sellers in Debt-VRR segment at Rs 690.69 crore, while net sellers in Debt-FAR segment at Rs 3222.6 crore.

In the hybrid segment, the gross buying was of Rs 12.51 crore against gross selling of Rs 16.46 crore. Thus, FIIs stood as net sellers of Rs 3.95 crore in hybrid segment.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read and agree Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets edged lower in a volatile trading session, losing over half a percent amid weak cues. After an initial uptick, the Nifty future oscillated sharply in early trade; however, a sharp decline below the short-term moving average (20 DEMA) in the latter half of the session kept the tone negative. Eventually, it closed near the day’s low at the 24631 level. On the sectoral front, most key sectors ended in the red, with energy, financials, and IT among the top losers.

The ongoing foreign fund outflows, coupled with weak global cues such as geopolitical tensions and uncertainty over trade deals, are adding pressure to the markets. Notably, the Nifty future has decisively breached its short-term support zone (20 DEMA) for the first time in nearly one and a half months, which may lead to further downside toward. However, the relatively stronger performance in the banking space could help limit the pace of decline.

Nifty futures opened at 24835 points against the previous close of 24826 and opened at a low of 24631 points. Nifty Future closed with an average movement of 298 points and a decline of around 151 points and 24675 points…!!

On the NSE, the midcap 100 index will decline 0.45% and smallcap 100 index is closing rise 0.10%. Speaking of various sectoral indices, the NSE saw gains in only Realty and Media stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, August gold opened at Rs.97811, fell from a high of Rs.97906 points to a low of Rs.97467 with a decline of 119 points, a trend of around Rs.97834 and July Silver opened at Rs.99957, fell from a high of Rs.101188 points to a low of Rs.99868 with a decline of 93 points, a trend of around Rs.100918.

Meanwhile, The FIIs as per Tuesday’s data were net sellers in equity and debt segments both, according to data released by the NSDL. In equity segment, the gross buying was of Rs 14300.52 crore against gross selling of Rs 16406.03 crore. Thus, FIIs stood as net sellers of Rs 2105.51 crore in equities.

In the debt segment, the gross purchase was of Rs 2037.41 crore with gross sales of Rs 2775.78 crore. Thus, FIIs stood as net sellers of Rs 738.37 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 454.22 crore, they stood at net sellers in Debt-VRR segment at Rs 550.28 crore, while net sellers in Debt-FAR segment at Rs 642.31 crore.

In the hybrid segment, the gross buying was of Rs 22.25 crore against gross selling of Rs 7.95 crore. Thus, FIIs stood as net buyers of Rs 14.30 crore in hybrid segment.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read and agree Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Nifty future opened gap-down, following weak global cues after US announced to double the trade tariffs on Steel and Aluminium imports and President Trump criticized China over violating tariff norms. Market sentiment was further weighed down by the rising geopolitical tensions between Russia and Ukraine. However, Nifty future managed to recoup early losses to close on a flattish note at 24,826 (-0.18%). Investor sentiment was supported by India’s strong Q4 GDP growth of 7.4% (vs 6.7% forecast), robust GST collection of over Rs2 lakh crore in May’25 and an in-line US retail inflation at 0.1%.

Amongst sectors, Realty and PSU Bank indices witnessed a smart rally; gaining over 2% on hopes of a 25bps rate cut in the upcoming RBI policy on 6th June. The FMCG index rose 0.8% after the government slashed import duty on crude edible oil to 10% from the earlier 20%. Meanwhile, Nifty IT declined 0.7%, tracking weakness in US equity futures and the Metal index lost 0.7%, following the US tariff hike on steel and aluminium from 25% to 50%.

Automotive sales for the month of May came in mixed, with export momentum and SUV demand cushioning the impact of sluggish sales in the passenger car segment. Mahindra & Mahindra (M&M) and Toyota Kirloskar Motor clocked strong double-digit growth in volumes, riding on robust demand for their utility vehicle line-ups. India’s electric two-wheeler sales grew 30% YOY in May’25, as TVS Motor, Bajaj Auto and Ather Energy doubled volumes while Ola Electric’s volume halved. In an analysis on the results front, the 4QFY25 corporate earnings concluded on a strong note with Nifty delivering a 3% YoY PAT growth (vs. our est. of +2%), showcasing widespread outperformance across sector aggregates.

Metals, OMCs, PSU Banks, Automobiles, Healthcare, Technology, and Capital Goods fuelled this healthy performance. Conversely, Oil & Gas (ex-OMCs) and Private Banks dragged overall profitability. The Indian market is expected to continue its consolidation amid weak global cues, although downside may be limited due to strong domestic macros and a potential boost from the anticipated RBI rate cut.

Nifty futures opened at 24799 points against the previous close of 24871 and opened at a low of 24610 points. Nifty Future closed with an average movement of 259 points and a decline of around 44 points and 24826 points…!!

On the NSE, the midcap 100 index will rise 0.62% and smallcap 100 index is closing rise 1.19%. Speaking of various sectoral indices only IT, Metal, Consumer Durables, Pharma and Oil and Gas stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, August gold opened at Rs.96131, fell from a high of Rs.97618 points to a low of Rs.96101 with a rise of 1550 points, a trend of around Rs.97425 and July Silver opened at Rs.97376, fell from a high of Rs.98921 points to a low of Rs.97122 with a rise of 1895 points, a trend of around Rs.98910.

Meanwhile, The FIIs as per Monday’s data were net sellers in both equity and debt segments, according to data released by the NSDL. In equity segment, the gross buying was of Rs 51943.47 crore against gross selling of Rs 56947.21 crore. Thus, FIIs stood as net sellers of Rs 5003.74 crore in equities.

In the debt segment, the gross purchase was of Rs 2489.41 crore with gross sales of Rs 15772.94 crore. Thus, FIIs stood as net sellers of Rs 13283.53 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 6088.18 crore, they stood at net sellers in Debt-VRR segment at Rs 3148.15 crore, while net sellers in Debt-FAR segment at Rs 4047.2 crore.

In the hybrid segment, the gross buying was of Rs 45.23 crore against gross selling of Rs 40.67 crore. Thus, FIIs stood as net buyers of Rs 4.56 crore in hybrid segment.

The securities quoted are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read and agree Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Domestic equity benchmarks ended slightly lower on Friday, with the Nifty future slipping 0.29% to close at 24,871, amid cautious global cues and broad-based sectoral weakness. The broader markets were all weak, with both Nifty Midcap100 and Smallcap100 marginally down by 0.1% each, as selling pressure was seen across IT, Metal, and Auto sectors. Nifty PSU Bank index stood out, gaining 2.9%, while Nifty Metal dropped 1.7%, hurt by weakness in global commodity prices.

In key macro developments, India’s GDP growth for Q4 accelerated to 7.4%, beating street estimates of 6.7%, while the full-year FY25 growth came in at 6.5%. This reaffirmed India’s position as the world’s fastest-growing economy. Globally, concerns over economic growth persisted after the US economy contracted 0.2% in Q1CY25, albeit slightly better than the expected -0.3%, raising questions around future Fed policy moves.

Next week, interest rate-sensitive sectors – particularly PSU banks – are likely to remain in focus amid growing hopes of an RBI rate cut. Additionally, the release of monthly auto sales and volume data could trigger sector-specific moves in the automobile space. We expect markets to maintain its positive momentum in June on the back of strong Q4 GDP numbers, hopes of RBI rate cut and consistent institutional inflows.

Nifty futures opened at 24940 points against the previous close of 24942 and opened at a low of 24840 points. Nifty Future closed with an average movement of 147 points and a decline of around 71 points and 24871 points…!!

On the NSE, the midcap 100 index will decline 0.06% and smallcap 100 index is closing decline 0.03%. Speaking of various sectoral indices, the NSE saw gains in only PSU Bank and Media stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, June gold opened at Rs.94951, fell from a high of Rs.95270 points to a low of Rs.94700 with a decline of 289 points, a trend of around Rs.95100 and July Silver opened at Rs.97252, fell from a high of Rs.97859 points to a low of Rs.96800 with a decline of 103 points, a trend of around Rs.97723.

Meanwhile, The FIIs as per Friday’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 19085.70 crore against gross selling of Rs 20843.93 crore. Thus, FIIs stood as net sellers of Rs 1758.23 crore in equities.

In the debt segment, the gross purchase was of Rs 30660.73 crore with gross sales of Rs 1867.51 crore. Thus, FIIs stood as net buyers of Rs 28793.22 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 29178.61 crore, they stood at net sellers in Debt-VRR segment at Rs 91.07 crore, while net sellers in Debt-FAR segment at Rs 294.32 crore.

In the hybrid segment, the gross buying was of Rs 14.85 crore against gross selling of Rs 13.54 crore. Thus, FIIs stood as net buyers of Rs 1.31 crore in hybrid segment.

Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

Today, the benchmark indices witnessed a volatile trading session. After a roller-coaster activity, the Nifty future ends 82 points higher, while the Sensex was up by 320 points. Among sectors, Metal, Reality, and Digital indices rallied over 1 percent, whereas intraday profit booking was seen in selective FMCG stocks. Technically, after an early morning intraday correction, the market took support near 24,800/81100 and bounced back sharply. Additionally, on daily charts, it has formed a reversal formation near the 20-day SMA (Simple Moving Average), which is largely positive.

Investors remain cautious ahead of key macro-economic releases — the US Q1 GDP data (due today), followed by US April retail inflation and India’s Q4 GDP figures tomorrow. Looking ahead, we expect the market to remain range-bound, with sector rotation and stock-specific movements driven by the final set of Q4 results on Friday, macro-economic indicators, and developments on the US tariff front.

Nifty futures opened at 24915 points against the previous close of 24860 and opened at a low of 24802 points. Nifty Future closed with an average movement of 189 points and a rise of around 82 points and 24942 points…!!

On the NSE, the midcap 100 index will rise 0.55% and smallcap 100 index is closing rise 0.59%. Speaking of various sectoral indices only PSU Bank and FMCG stocks were seen selling on the NSE, while all other sectoral indices closed higher.

At the start of intra-day trading, June gold opened at Rs.94900, fell from a high of Rs.95480 points to a low of Rs.94500 with a rise of 152 points, a trend of around Rs.95430 and July Silver opened at Rs.97562, fell from a high of Rs.98400 points to a low of Rs.97545 with a rise of 1045 points, a trend of around Rs.98300.

Meanwhile, The FIIs as per Thursday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 16929.35 crore against gross selling of Rs 12279.65 crore. Thus, FIIs stood as net buyers of Rs 4649.70 crore in equities.

In the debt segment, the gross purchase was of Rs 1866.04 crore with gross sales of Rs 3369.21 crore. Thus, FIIs stood as net sellers of Rs 1503.17 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 353.94 crore, they stood at net sellers in Debt-VRR segment at Rs 98.1 crore, while net sellers in Debt-FAR segment at Rs 1051.13 crore.

In the hybrid segment, the gross buying was of Rs 10.52 crore against gross selling of Rs 4.02 crore. Thus, FIIs stood as net buyers of Rs 6.50 crore in hybrid segment.

Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets traded subdued within a narrow range with a negative bias, continuing the ongoing consolidation phase. After an initial dip, the Nifty future moved in a tight band throughout the session and eventually settled at the 24,762.50 level. Sector-wise, banking, mainly PSUs, led the gains once again, followed by media and energy. On the other hand, FMCG, auto, and pharma sectors ended in the red. Interestingly, unlike the frontline indices, the broader markets continued to show strength, with the smallcap index closing in the green while the midcap index ended flat.

Despite stable global cues and favorable domestic factors, the market is being weighed down by inconsistent FII inflows, which is reflected in the recent increase in volatility.

From a technical perspective, participants are trading within the prevailing range, and a clear directional trend is expected to emerge once the index breaks out of the 24474–25008 range. However, traders should maintain a positive bias, focusing on sectors and themes that are witnessing noticeable buying interest

Nifty futures opened at 24772 points against the previous close of 24862 and opened at a low of 24742 points. Nifty Future closed with an average movement of 153 points and a decline of around 100 points and 24762 points…!!

On the NSE, the midcap 100 index will decline 0.02% and smallcap 100 index is closing rise 0.33%. Speaking of various sectoral indices, the NSE saw gains in only Media, PSU Bank and Financial Services stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, June gold opened at Rs.95287, fell from a high of Rs.95860 points to a low of Rs.95000 with a rise of 421 points, a trend of around Rs.95564 and July Silver opened at Rs.97749, fell from a high of Rs.98186 points to a low of Rs.97625 with a decline of 256 points, a trend of around Rs.97731.

Meanwhile, The FIIs as per Wednesday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 20075.01 crore against gross selling of Rs 19122.12 crore. Thus, FIIs stood as net buyers of Rs 952.89 crore in equities.

In the debt segment, the gross purchase was of Rs 1736.56 crore with gross sales of Rs 3017.98 crore. Thus, FIIs stood as net sellers of Rs 1281.42 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 187.5 crore, they stood at net sellers in Debt-VRR segment at Rs 119.87 crore, while net sellers in Debt-FAR segment at Rs 1349.05 crore.

In the hybrid segment, the gross buying was of Rs 7.11 crore against gross selling of Rs 17.35 crore. Thus, FIIs stood as net sellers of Rs 10.24 crore in hybrid segment.

Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

Dear Trader…

Markets traded with high volatility and lost over half a percent after two consecutive sessions of rebound. The Nifty future index experienced sharp swings in both directions during the first half; however, sustained profit-taking in heavyweight stocks across sectors eventually dragged the index lower, and it finally settled at 24,862.60.

On the sectoral front, a mixed trend was observed. Banks – especially PSUs – along with realty and pharma, ended with marginal gains, while FMCG, IT, and auto sectors witnessed profit-booking. Meanwhile, the broader indices displayed resilience and managed to close on a flat note.

We are currently witnessing a tug of war between bulls and bears amid mixed global cues. However, favorable domestic factors such as a good monsoon and strong macroeconomic data are helping maintain a positive undertone.

We continue to maintain a positive outlook on the market. However, sustained strength in the banking and financial sectors is crucial for the Nifty future to overcome the 25,088 hurdle and regain upward momentum. In the meantime, traders should adopt a “buy on dips” strategy with a strong emphasis on stock selection.”

Nifty futures opened at 25000 points against the previous close of 25035 and opened at a low of 24739 points. Nifty Future closed with an average movement of 369 points and a decline of around 173 points and 24862 points…!!

On the NSE, the midcap 100 index will rise 0.15% and smallcap 100 index is closing rise 0.10%. Speaking of various sectoral indices, the NSE saw gains in only PSU Bank, Realty and Pharma stocks, while all other sectoral indices closed lower.

At the start of intra-day trading, June gold opened at Rs.95600, fell from a high of Rs.96064 points to a low of Rs.94932 with a decline of 791 points, a trend of around Rs.95146 and July Silver opened at Rs.97915, fell from a high of Rs.97949 points to a low of Rs.96496 with a decline of 903 points, a trend of around Rs.97100.

Meanwhile, The FIIs as per Tuesday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 10315.36 crore against gross selling of Rs 8728.88 crore. Thus, FIIs stood as net buyers of Rs 1586.48 crore in equities.

In the debt segment, the gross purchase was of Rs 678.90 crore with gross sales of Rs 871.62 crore. Thus, FIIs stood as net sellers of Rs 192.72 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 295.37 crore, they stood at net sellers in Debt-VRR segment at Rs 180.63 crore, while net buyers in Debt-FAR segment at Rs 283.28 crore.

In the hybrid segment, the gross buying was of Rs 7.98 crore against gross selling of Rs 460.11 crore. Thus, FIIs stood as net sellers of Rs 452.13 crore in hybrid segment.

Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in