Pre market analysis on 11-04

🌎 Global Cues – Mixed Bag from the U.S. Just a couple of days ago, the U.S. stock market rallied hard on news that President Donald Trump announced a 90-day pause on new tariffs for most countries. That sparked a wave of optimism in global markets, including India. However, that excitement didn’t last long. 📉 Last night (April 10), the U.S. markets actually closed in the red: S&P 500: down 3.5% Nasdaq: down 4.3% Dow Jones: down 2.5% Why the dip after such a positive trigger? ➡️ Despite the pause, Trump confirmed that: A 10% baseline tariff remains on all imports globally. Tariffs on Chinese goods will rise to 125%. In response, China announced retaliatory tariffs. So, markets got jittery again about a prolonged trade war. What looked like a relief rally flipped into caution. 🇮🇳 GIFT Nifty – Holding Strong! Even with Wall Street wobbling, GIFT Nifty is showing solid strength this morning: 📈 Up nearly 600 points (~2.5%) – signaling a strong positive opening for Indian markets today. 🏦 Institutional Activity – Who's Buying and Selling? Foreign Investors (FPIs): Net sellers for 8 straight sessions – sold ₹4,358 crore yesterday. Domestic Investors (DIIs): Net buyers – bought ₹2,976.7 crore. That’s a bit of a tug-of-war. Global investors are cautious, while Indian institutions seem to be buying the dips. What Should You Expect? ✅ Expect a strong open today thanks to GIFT Nifty’s surge. ⚠️ But stay alert – global sentiment is shaky due to the renewed U.S.-China trade tensions. 💡 Sectors like IT, pharma, and metals, which were hit earlier, might see some bounce today.