By theindianinvestor 
Thursday, 6th March 2025
Time : 8:40 AM IST
insights :
First of all, I apologise for the delay
1. Yesterday, Nifty gained 254 points and closed at 22,337, finally breaking the 10-day losing streak.
2. Markets gained on hopes of tariff concessions from US President Donald Trump.
3. Trump announced reciprocal tariffs on Indian exports starting April 2.
4. Metal stocks rallied as China plans to cut steel output, which may boost demand and profitability.
5. Global markets ended higher—Asian markets were in the green, European markets were mixed, and US markets gained over 1% across all three major indices.
6. This morning, most Asian markets are trading higher, with the Hang Seng up over 2%.
7. GIFT Nifty indicates a 65-point gap-up opening for our markets.
8. RBI announced another ₹1.87 lakh crore liquidity infusion.
9. Markets seem to be stabilizing, as VIX did not spike.
10. FIIs net sold ₹2,895 crores in the cash market yesterday, with their short positions in index futures at 83%.
11. If FII selling cools off, the market may bottom out—not necessarily rally but move sideways.
12. Good news is that the dollar index and US 10-year bond yields have cooled from recent highs, now at 104.3 and 4.3%, respectively.
13. Nifty is expected to take support at 22,300 and face resistance at 22,500.