PRE-MARKET OUTLOOK- BANKNIFTY / AI CRASH AND GOLD & SILVER..

Friday, 23 October 2026 | Investogainer Research Market View: Cautious Start, Stock-Specific Opportunities Indian markets may attempt a recovery after three consecutive sessions of declines, but the outlook remains cautious. Heavy FII selling, weakness in precious metals and elevated crude oil prices are key factors to monitor. The latest market report points to a potentially positive opening, while rising Brent crude and global uncertainty could limit the recovery. The key levels for Bank Nifty are 54,500 support and 55,700 resistance. Traders should watch price action around these levels before taking directional positions -->Global Cues: Precious Metals and Commodities in Focus Precious metals under pressure: Falling gold and silver prices could weigh on sentiment in precious-metal-related stocks, including jewellery companies and metal-linked businesses. Crude oil remains a risk: Brent crude above $110 per barrel raises concerns about inflation, input costs and India's import bill. --->FII/DII Activity — Thursday, 22 October 2026 Institutional Flow Amount (₹ crore) FII Cash Market −3,458.70 DII Cash Market +2,891.32 FII Index Futures −406.54 FII Index Options −6,781.11 FII Stock Futures +1,265.06 FII Stock Options +28.94 ---> Stocks in Focus

— Weak Earnings Quality Remains a Concern HPCL — Strong Sequential Recovery, but YoY Profit Declines IT Stocks — Watch for Selective Strength TCS PERSISTENT COFORGE --->Metals and Precious-Metal-Linked Stocks — Under Pressure Weakness in precious metals may weigh on gold- and silver-linked stocks. Industrial metals can also face pressure when global growth concerns rise. However, the impact will differ across miners, metal producers, jewellery companies and metal-consuming businesses. Watch: Hindustan Zinc, Vedanta, Tata Steel, JSW Steel and jewellery stocks for sector-specific price action. Avoid treating all metals stocks as one trade.