Brent jumps 4.65% to $114 as FIIs sell heavily

Brent crude surged 4.65% to $113.88 per barrel, while FIIs sold ₹3,458.70 crore worth of Indian equities. The Nifty 50 fell 0.54% to 22,687.65, with 36 of 50 constituents declining. Key Market Cues GIFT Nifty: 22,837.50, indicating a potentially higher opening than the previous close. Nifty support: 22,500.45 | Resistance: 22,874.85 Bank Nifty: Support at 54,472.49 | Resistance at 55,378.91 India VIX: 15.76, up 0.32%, signalling slightly higher volatility. Institutional flows: FIIs sold ₹3,458.70 crore, while DIIs bought ₹2,891.32 crore. Global cues: Nasdaq fell 1.57%, while the Dow Jones gained 0.71%, indicating mixed sentiment. Market View Rising crude prices, FII selling and a weaker rupee near ₹94.81 could weigh on sentiment due to import-cost and inflation concerns. However, GIFT Nifty suggests a potentially positive opening. The opening indication alone does not confirm a sustained recovery. Stocks and Results to Watch: Infosys, Tata Motors, Dr. Reddy's Laboratories, Coforge, JSW Steel, BPCL and other companies have scheduled results or corporate actions. Track actual announcements and market reactions. What to Watch Next: Brent crude, USD/INR, institutional flows and whether Nifty holds 22,500 support or reclaims 22,875 resistance. Learning Outcome: Combining crude prices, currency movements, institutional flows and technical levels helps traders assess market risk without relying on a single indicator or opening signal.