In this episode, Shivangi Sarda provides a detailed market overview, highlighting global updates and actionable insights for traders. Despite initial losses, Nifty bounced back, closing with marginal gains as investors digested news about upcoming US tariffs. With global conditions stabilizing, learn what to expect from the Indian market this week and which stocks are set to make waves.
We also dive into the latest market data, including FIIs’ activity, option data, and sector performance. Plus, key stocks like Manappuram Finance, Ashok Leyland, and Bajaj Finance are on the radar as we look ahead at potential market movements.
[00:00:00] Welcome to Indian Market in Minutes from Motilal Oswal's research desk. We will be covering technical and derivatives, SII's activity, index, actionable sectors and stocks to watch out. So stay tuned till the end. Hey, this is your host Shivangi Sarda and let's look at what happened globally.
[00:00:26] The market is expected to open on a positive note supported by stable global conditions as investors digest the US President's announcement of reciprocal tariffs which are expected to be implemented in April. Asian stocks are witnessing a mixed back ahead of the Reserve Bank of Australia's policy decision after defence-related stocks spurred in a rally in European shares.
[00:00:50] To start with our first segment for Tuesday, 18 February 2025, Nifty index opened negative and after the initial drop to 22,725 zones, it recovered for the rest of the day. Wild swings were seen on either sides but the overall undertone remained that of support-based buying. It managed to close near its day's high with marginal gains and recouped all its intraday losses.
[00:01:15] It formed a bullish candle on the daily frame with longer lower shadow indicating that bulls have awakened at the lower levels. India Wix was up by 4.5% to 15.7 levels. Nifty put-call ratio increased to 0.87. Option data suggest a broader trading range in between 22,500 to 23,500, while immediate range is in between 22,800 to 23,300 levels.
[00:01:45] Moving on to the second segment in the equity cash market, FIIs were net sellers to the tune of 39.38 crores, while DIIs were buyers worth 47.60 crores. FII's index long-shot ratio increased to 16.2%.
[00:02:02] Going ahead with the index actionable, derivative zeta and price set-up suggest, if Nifty manages to cross and hold above 23,000, then bounce could be seen towards 23,250, while support can be seen at 22,725 zones. Bad Nifty has to hold above 49,000 for a bounce towards 50,000 levels, while on the downside support can be seen at 48,750.
[00:02:28] And finally, talking about the sectors and stocks to watch out, positive set-up can be seen in Manapuram Finance, Ashok Leyland, Nika, SPI Life, Pachaj Finance, Pachaj FinServ, HDFC Bank, MGL and Sipla. While some weakness could be seen in TVS Motor, Birla Soft, OFSS, Colgate, AU Bank and Siemens. Wish you a super trading day ahead! Shivanki Sadha, signing off.
[00:02:58] Follow this podcast for solid advice.