Gift Nifty +20 Points at Open Sharp Pullback yesterday - Nifty & Nifty Bank -1% each - Nifty Next 50 & Midcap Index fell ~2% Possible Reasons for decline •Concerns around US economy •China interest-rate cut •Fear of Rising Covid cases Wall St Overnight - Dow, S&P and Nasdaq fall b/w 0.3-0.4% - Wall St snaps 6 day winning streak Cash Market Flows: Large FII selling FII -10,016 Cr DII +6738 Cr - Highest single day FII selling since Feb 28, 2025 FIIs also sold 2784 Cr in Index Futures FII longs drop from 42% to 37% Levels to track Nifty Bank - Below 20 DMA of 54990 Nifty - 20 DMA at 24477 Macros Update - Dollar Index at 99.9 - Brent at $66.5 - Gold at $3300 Nasdaq in focus tonight: Google - Launches Veo 3, an AI video generator that also creates audio - Announces $250/month premium AI subscription plan Tesla Musk says: - Will spend ‘a lot less’ on Future campaign donations - Will continue buying chips from Nvidia & AMD for xAI

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