FIIs and DIIs were both net buyers yesterday, offering some relief amid global volatility

Global Market Update US markets (May 18 close): Dow +0.32% (49,686), S&P 500 -0.07%, Nasdaq -0.51%. Europe: FTSE 100 +1.26%, CAC 40 +0.44%, DAX +0.62%. Asia (today): Nikkei +0.68%, Topix +1.16%, Kospi -1.06%, ASX 200 +1.08%. Crude oil: Brent ~$109.1/barrel, WTI ~$107.3/barrel (eased after Trump paused Iran strike). Gold/Silver: Gold ~$4,562/oz, Silver ~$82/oz. 🇮🇳 Indian Market Update Last close (May 18): Sensex 75,315 (+77 pts), Nifty 23,649 (+6 pts). Bank Nifty: 53,537 (-173 pts). Volatility: India VIX ~19.8 → elevated. Stocks in focus today: IOC, BPCL, BEL, Zydus Lifesciences, Eicher Motors, Mankind Pharma, Astral, Triveni Turbine.

📉 GIFT Nifty Opening Current level: ~23,657–23,670, up ~10–50 points. Drivers: Crude oil easing below $110/barrel. Temporary relief in geopolitical tensions. Institutional buying support. 💰 FII & DII Activity (May 18, 2026) FIIs: Net buyers ₹2,813 crore. DIIs: Net buyers ₹2,682 crore. Sector flows: FIIs active in IT and financials. DIIs adding to pharma and FMCG. ⚠️ Risks & Outlook Geopolitical risk: US–Iran conflict remains unresolved. Currency risk: Rupee at record low ₹96.2/USD. Technical levels: Nifty support: 23,350–23,250; resistance: 23,800–24,000. Bank Nifty support: 52,700–52,400; resistance: 54,000–54,700.