Pre-market action: There is a trade setup here for today’s session

US President Trump jumped more than 2% on Tuesday after the benchmark indices Sensex and Nifty announced the temporary tariff relief on phone, computer and popular consumer electronics. Key Q4, including Wipro, will be focused on earnings.

Analysts global trade settlements and U.S. In the hope of softening in reciprocal tariffs, the market expects a positive momentum.

Position of the markets

• Tech View: Support is placed at 23,300; The crucial break below this level can stimulate correction towards 23,000. Resistance is placed at 23,370 and 23,650.
• India VIX: India Viks, which is a criterion of fear in markets, declined by about 20%, with a 16.12 level.

Stokes in the F&O ban today

1) Birlasoft

2) Hindustan Copper

3) Manappurum

4) Nalco

Securities include companies in the restriction period under the F&O segment, with 95% of the security market-wide position limit.

Fii/dii action
Foreign portfolio investors became net sellers on Tuesday for Rs 6,066 crore. DII bought shares worth Rs 1,952 crore.

Rupee
Rising for the second straight session, the rupee ended Tuesday at 85.80 against the US de Dollar Lare, due to a sharp increase in equity markets and continuous weakness in American currency amid global uncertainty.

Fii data
FII’s net short shortened on Friday dropped from 1.01 lakh crore to Rs. 87,347 crore.