PRE MARKET REPORT--> FIIS SELLING/ CRUDE SELL OFF/ BUT BANKS

Crude Slowly Cools, FIIs Keep Selling — But Bank Stocks Get a Boost From RBI Rate Hike! Can Bank Nifty Defend 54,400? On one side, FIIs continue to sell aggressively, with cash-market selling crossing ₹6,100 crore. On the other, crude oil is showing signs of easing, while the banking sector has received a positive trigger from the RBI's latest policy move. The key question for today: Can strong banking sentiment offset continued FII selling and keep Bank Nifty above 54,400? --->Global Cues: Wall Street Ends Lower US markets ended Wednesday's session in the red as rising Treasury yields and renewed inflation concerns weighed on sentiment. Wednesday's Close • Dow Jones: -0.66% • S&P 500: -0.22% • Nasdaq Composite: -0.22% • Russell 2000: -1.31% ---->Banking Stocks in Focus • HDFC Bank • ICICI Bank •

• Kotak Mahindra Bank --->FII-DII Activity Institutional Activity — ₹ Crores Segment FII DII Cash Market -₹6,121.37 Cr +₹4,596.57 Cr Index Futures -₹599.67 Cr — Index Options -₹6,135.80 Cr — Stock Futures -₹1,977.64 Cr — Stock Options -₹1,358.63 Cr — The biggest concern remains FII selling. FIIs sold more than ₹6,100 crore in the cash market, while also remaining sellers across index futures, index options, stock futures and stock options. --->Today's Market Setup Positive Signals • Crude showing gradual cooling • RBI rate hike provides relative support to banks • Strong DII buying Risk Factors • FII cash selling above ₹6,100 crore • FII selling across derivatives • US markets closed lower • Crude is still above $100 internationally --->Bottom Line The broader market remains under pressure, but Banking could be today's relative-strength sector. FIIs continue to sell aggressively, while DIIs are absorbing a large part of that pressure.