- HCL Technologies fell ~10%
- Dragged down:
- Infosys
- Tata Consultancy Services
- Weak FY27 guidance β sentiment negative for IT
π Expect continued pressure on IT stocks tomorrow
2. Global Geopolitical Risk (Major Factor)
- Ongoing USβIran tensions
- Oil near $100/barrel
- Risk-off sentiment globally
π This can keep markets volatile and weak
3. Rupee Weakness
- Rupee near 3-week low (~93.8/$)
π Negative for:
- Import-heavy sectors
- Market sentiment overall
4. FII Selling Pressure
- Continuous foreign outflows
- Bond market volatility also rising
π Limits upside in equities
π Technical View (Very Important for Tomorrow)
- Immediate Support (Nifty): ~24,200 β 24,300
- Resistance: ~24,600
- Market structure: Short-term bearish
π If support breaks β more downside possible
π If holds β bounce likely
π Opening Expectation (Tomorrow)
- Likely Opening:
π» Flat to Negative / Gap-down bias - Reasons:
- Weak global cues
- IT sector pressure
- Rising volatility (India VIX β)
π Positive Signals (Donβt Ignore)
1. Broader Market Strength
- Midcaps & smallcaps showing resilience
2. Stock-Specific Strength
- 52-week highs:
- Titan Company
- Aurobindo Pharma
- Adani Ports
π Indicates selective buying still happening
π₯ Sectors to Watch Tomorrow
Bearish / Weak
- IT β
- Banking (mild pressure) β
Neutral to Positive
- Pharma β
- FMCG β
- Capital goods / infra β
π― Trading Strategy for Tomorrow
Intraday:
- Sell on rise in IT stocks
- Focus on stock-specific momentum
Short-term investors:
- Avoid aggressive buying
- Wait for stability above 24,600
Risk management:
- Keep strict stop-loss (volatility high)
