Indian equity benchmark -- Nifty -- stumbled on Tuesday, a day after index recorded its sharpest rally, following a tentative ceasefire between India and Pakistan over the weekend. Index made a negative start and continued to trade in red on account of profit booking by the market participants after recent bull run in the market. Also, rising crude oil prices and US Treasury yields weighed on the market sentiments. Traders overlooked exchange data showing that Foreign Institutional Investors (FIIs) bought equities worth Rs 1,246.48 crore on Monday after a day's breather. In the second half of the session, index intensified losses. Market participants took a note of report that a recent decision by the US and China to suspend their tariff hikes for 90 days presents both challenges and opportunities for Indian economy. In last leg of the trade, index added more losses and closed below 24,600 mark.
Traders were seen piling up positions in Media, PSU Bank and Pharma stocks, while selling was witnessed in IT, FMCG and Auto. The top gainers from the F&O segment were BSE, IIFL Finance and Bharat Electronics. On the other hand, the top losers were UPL, Chambal Fertilizers & Chemicals and Infosys. In the index option segment, maximum OI continues to be seen in the 24900 - 25100 calls and 23900 - 24100 puts indicating this is the trading range expectation.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: