Positive Start Expected for Markets as Global & Domestic Cues Improve

Market Outlook: Positive Start Anticipated as Momentum Strengthens The market is expected to open on a positive note today, supported by the strong recovery witnessed last week. The Nifty index has formed a solid bullish candle on the weekly chart and continues to close above all major moving averages — a sign of sustained strength in the broader trend. Adding to the optimism, global rating agency Moody’s Ratings has revised India’s CY27 GDP growth forecast upward to 6.5%, citing robust domestic consumption and stable demand conditions. Alongside improving technical indicators, favourable domestic cues and positive developments surrounding the US-India trade deal are expected to keep market sentiment upbeat. Last Friday, the Nifty traded under pressure for most of the session due to weak global cues. However, a sharp rebound in the final hour helped the index recover losses and close in the green. This recovery highlights the underlying resilience in the market. Globally, investors will focus on key US economic data releases this week — the first set of numbers following the reopening of the US government. These releases may guide near-term market direction. Actionable Ideas Buy (Personal opinion only): – Banking stock – Engineering sector stock – Exchange-related stock – Pharma/biotech stock Delivery Idea Buy (Personal opinion): – Defence sector stock Global Market Overview DOW: -309.75 GIFT NIFTY: +55 NIFTY 50: 25,910.05 SENSEX: 84,562.78 Institutional Activity FII: -₹4,968.22 crore DII: +₹8,461.47 crore Market Breadth (BSE) Advances: 1900 Declines: 2270 Currency Check USD/INR: ₹88.69 Dollar Index: 99.38 Commodity Update Gold: $4,089.85 per ounce Crude Oil: $63.80 per barrel Bond Yields US 10-Year: 4.14% India 10-Year: 6.52% Derivative Indicators PCR: 0.80 VIX: 11.94 Market Updates Several major pharma facilities recently underwent USFDA inspections. Some reported zero observations, while one unit received a Form 483 with noted observations. A leading real estate developer has signed an MoU with the Andhra Pradesh Economic Development Board (APEDB) to establish data center facilities and an IT park with a total investment of ₹4,500 crore across two phases. Securities in Ban One major steel stock is currently under the F&O ban list. Derivative View On the options front, maximum Call OI is concentrated at 26000 and 26500, while maximum Put OI stands at 25800 and 25700 levels. This suggests: Broad trading range: 25,500 – 26,400 Immediate range: 25,700 – 26,200 Disclaimer (Mandatory) I am not a SEBI-registered advisor. All buy and sell views mentioned above are purely my personal opinion. Please consult your financial advisor before making any investment decisions.