Overall, while today’s dip marks a natural breather after the sharp gains yesterday, analysts’ investor focus remains on evolving geopolitical signals, institutional flows, and upcoming macro data.
STATE OF THE MARKETS
- Tech View: In the short term, the index may continue its upward movement with the potential to reach 25,350. On the downside, support is placed at 24,400. A buy-on-dips strategy may be favorable as long as the index remains above this level.”
- India VIX: India VIX, which is a measure of the fear in the markets, fell 1.05% to settle at 18.20 levels.
Stocks in F&O ban today
1) CDSL
2) ManappuramSecurities 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 1,246 crore on Tuesday. DIIs, meanwhile, were net buyers at Rs 1448 crore.
Rupee
The rupee pared most of its initial gains to settle 3 paise higher at 85.33 against the American currency on Tuesday, due to rising appetite for riskier assets amid easing trade tariff tensions.
FII data
The position of FIIs in the futures market turned from net long of Rs 153 crore on Monday to net short of Rs 36,500 crore on Tuesday.