Indian markets are set for a cautious start today with GIFT Nifty trading +50

🌍 Global Market Update US indices (June 4 close): Dow 51,561 (+1.73%), S&P 500 7,584 (+0.41%), Nasdaq 26,831 (-0.09%). 0%. Commodities: Brent crude $95/barrel (flat), WTI $92.7 (-0.32%). Gold ~$4,490/oz (-0.33%), Silver ~$73.85 (-0.16%). 🇮🇳 Indian Market Snapshot Sensex (June 4 close): 74,360 (+14 pts, +0.02%) Nifty 50: 23,417 (+11 pts, +0.05%) GIFT Nifty (today): ~23,570 (+50 pts), signaling a mildly positive open. Reason for uptick: Strong US market rally, easing volatility, and RBI policy optimism. 💰 FII & DII Activity (June 4, 2026) FIIs: Net sellers ₹4,447 crore. DIIs: Net buyers ₹4,360 crore. 🏢 Corporate Results & Stocks in News (June 5, 2026) Davins Sons Retail – audited results. Orient Tradelink – audited results. Sarveshwar Foods – audited results. SBL Infratech – audited results. SRU Steels – audited results. Valecha Engineering – audited results. Wipro – record date for ₹15,000 crore buyback.

📊 PCR Ratio (Nifty Options Sentiment) Nifty PCR (June 4, 2026): ~0.95–0.96. Interpretation: PCR below 1 → more call writing than puts → cautious sentiment. Support: 23,200–23,250; Resistance: 23,550–23,600. 🏦 RBI Policy Expectations (June 5, 2026) Repo rate: Expected to remain unchanged at 5.25%. Inflation outlook: Risks from crude oil and weak rupee → RBI may revise FY27 CPI forecast to ~5%. Growth outlook: FY27 GDP projected at 6.9%, but risks from West Asia conflict and monsoon uncertainty. Impact on markets: A hawkish pause could keep equities stable but reinforce inflation concerns