CUES FOR TODAY
- Gift Nifty -25 Pts at open
- Wall St Lower, Inflation report due today
- Rotation out of AI stocks continues
- Nifty holds 50 DMA, crucial support
- SEBI approves lower expense ratios for Mutual Funds
Wall St Overnight
- Dow -0.47%
- Nasdaq -1.81%
- S&P -1.16%
Oracle -5%
- Key investor pulls out of $10 bn data centre project
- Nvidia, Broadcom and AMD all fall 3-5%
US CPI Due Today
- Economists expect 3.1% jump in CPI, YoY
Nifty
- Closed Above 50 DMA of 25804 yesterday
- Imp Support Level To Track
Cash Market Flows
FII +1172 Cr
DII +769 Cr
- Akzo Nobel bulk deal reflected in Cash Market data
FIIs in Futures
- Sell 1508 Cr in Index Futures, Sell 836 Cr in Stock Futures
- FII Index Futures Longs at just 8% now
- Options Data positioned for 25700-26050 as Nifty Range
20 DMA: Key Level To Conquer
- Nifty Bank 59285
- Nifty 26018
Stocks in Focus
TCS
Mgmnt says AI services generated 5% of sales in Co
Growth motto with 26-28% margins band continues