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

Nifty slipped below the 25,000 mark on Friday, marking the third consecutive week of decline for Indian equity markets. Analysts expect the market to remain in consolidation mode amid continued global trade uncertainty and a subdued start to the Q1FY26 earnings season. Key results on Monday include Ultratech Cement, Eternal, IDBI Bank, Havells, Oberoi Realty among others.

Stock-specific action will likely continue as the earnings season gathers pace.

STATE OF THE MARKETS

• Tech View: The index stayed above the 50-day moving average (50DMA) and appears poised for a short-term pullback after a sharp correction. However, it remains a ‘sell on rise’ as long as it trades below 25,260. On the downside, selling may intensify if it breaks below 24,900.
• India VIX: India VIX, which is a measure of the fear in the markets, rose 1.33% to settle at 11.39 levels.

Stocks in F&O ban today
Angel One
Hindustan Copper
Bandhan Bank

RBL Bank

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 buyers shares worth Rs 375 crore on Friday. DIIs, meanwhile, were net buyers at Rs 2,103 crore.

Rupee
The rupee stayed weak for the third straight session and settled 4 paise lower at 86.16 against the US dollar on Friday, amid rising global crude oil prices and a steep decline in domestic equity markets.

FII data
The position of FIIs in the futures market increased from a net short of Rs 1.35 lakh crore on Thursday to Rs 1.48 lakh crore on Friday.