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Thursday’s market action highlighted the weight of negative sentiment despite strong domestic institutional flows. A significant takeaway from the market trend yesterday is that despite the big buying of Rs 6,920 crores by DIIs, overwhelming the FII selling of Rs 3,856 crores, Nifty drifted down by 211 points. The reason for this important market trend is the increasing short build-up by the FIIs. The negative sentiments in the market triggered by the 50% Trump tariff and the high valuations in India has encouraged the FIIs to increase their short positions. He added that September is historically known for large market moves and that a quick decision on tariff policy could trigger a reversal in sentiment and short covering.
Thursday’s market action highlighted the weight of negative sentiment despite strong domestic institutional flows. A significant takeaway from the market trend yesterday is that despite the big buying of Rs 6,920 crores by DIIs, overwhelming the FII selling of Rs 3,856 crores, Nifty drifted down by 211 points. The reason for this important market trend is the increasing short build-up by the FIIs. The negative sentiments in the market triggered by the 50% Trump tariff and the high valuations in India has encouraged the FIIs to increase their short positions. He added that September is historically known for large market moves and that a quick decision on tariff policy could trigger a reversal in sentiment and short covering.
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