Pre Market Report - 28-Jul-26 (Tuesday)

Big Picture:

  • US-Iran on a pause- no news is good news
  • Brent crude came down to $87
  • Quarterly earnings are looking not so bad after all

Positional

  • No positional bias until clarity over the war emerges
  • 23,850-23,500 is the broader range to work with

Intraday

  • Today is Nifty’s monthly expiry for all derivative products
  • Expect volatility and sudden moves
  • The second half becomes really tricky
  • Dips might get bought as oil has cooled down

Track realtime market vitals at: Market Pulse — Real-Time Market Analysis Dashboard | VRD Nation

1 Like

Interesting AI boom caused SPX, NASDAQ, KOSPI and NIKKEI to rise, but crash only affects asia. SPX and NASDAQ standing very tall despite being in a war. The dollar is something else.