Market Cues for Today
GIFT Nifty indicating a weak start: -20 pts
Weekly expiry series begins; Nifty has declined for four consecutive weeks
Global cues positive as US and EU sign an agreement
IT stocks in focus – TCS announces layoffs
News-heavy week ahead for both India and the US
Markets are oversold, but lack strong near-term upside triggers
Wall Street Overnight
Dow Jones: +0.47%
S&P 500: +0.40%
Nasdaq: +0.24%
Key Global Triggers This Week
FOMC outcome on July 30
Big Tech earnings: Amazon, Apple, Meta, Microsoft
US Jobs data on Thursday & Friday
Trump’s trade deal deadline: August 1
Indian Market Snapshot
Nifty: Down 3.1% over the last 4 weeks
Nifty IT: Down 9% in the last 3 weeks
FnO Ban - RBLBANK
#WatchOutFor#Today’sTradingSetup#IndexStrategies#TechnicalViews#Pre-OpeningCommentary
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