Nifty today: Pre-market action: Here’s the trade setup for today’s session – News Air Insight

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Markets finally ended their five-week-long consolidation phase, driven by improving global sentiment, easing geopolitical concerns, and noticeable buying by foreign institutional investors (FIIs) in the latter part of the week.

Looking ahead, global cues will continue to drive market direction. Despite improved sentiment, caution persists regarding potential tariff escalations, with US tariffs scheduled to resume from July 9 and updates on trade agreements will remain in focus.

STATE OF THE MARKETS

  • Tech View: A buy-on-dips strategy appears more appropriate at current levels, following the sharp rise over the past few days. On the downside, support is placed at 25,500; a break below this level could lead to consolidation.
  • India VIX: India VIX, which is a measure of the fear in the markets, fell 1.6% to settle at 12.39 levels.

Stocks in F&O ban today

NIL


Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.FII/DII action
Foreign portfolio investors net bought shares worth Rs 1,397 crore on Friday. DIIs, meanwhile, were net sellers at Rs 589 crore.Rupee
The rupee rose 22 paise to close at 85.50 against the greenback on Friday on the back of sustained inflow of foreign funds and firm domestic equity markets.

FII data
The position of FIIs in the futures market reduced from a net short of Rs 34,967 crore on Thursday to Rs 33,518 crore on Friday



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