GLOBAL CUES NOT GOOD FR 29SEP26

Summary of the video (29 Sep 2026 – Nifty monthly expiry)

Disclaimer / intent

• The speaker states the update is educational only and not investment advice or recommendations.
• They emphasize that any results are the viewer’s responsibility.

Market setup: “Global cues not good”

• Nifty monthly expiry day: The speaker expects weakness to be visible in markets.
• Asia: Markets are described as red (Shanghai and Nikkei mentioned as down).
• US bond yields: Yields are said to be high (around 5.27), which the speaker links to capital staying abroad rather than flowing into risk assets.
• US close & broader risk mood:
  • US closed in red.
  • Dollar index is up.
  • Crude oil is elevated (referenced as above ~107 after earlier weakness).
• Overall conclusion: the global mood is not favorable.

Rates and commodities impact

• The speaker expects US interest rates may rise multiple times.
• They also reference RBI rate-hike expectations (noted around the 5th).
• Impact areas:
  • Gold and silver may face pressure.
  • Money may rotate into higher interest-rate instruments.
• Oil is viewed as a factor that could keep inflation and expectations firm.

Geopolitics / news reliability

• Mentions expectations of Iran/war intensification after US mid-term elections.
• The speaker repeatedly criticizes unconfirmed or “false” headlines, including claims that:
  • Trump denied/canceled certain news (including “exchanges/war” related claims).
  • Later mentions around “deal in Formosa.”
• The speaker argues that this misreporting affected crude price moves.
• Transport/attack activity is described as continuing, keeping geopolitical risk elevated.

Company / market-related mentions

• Nifty reshuffle: The speaker notes that BSE changes with Wipro out (from 1 Oct onward).
• Block deal: “Honasa” block deal referenced (FA of Nifty 50 mentioned).
• Leadership: “Akhil has taken charge in Coford” (as stated).
• Macro data: IIP data described as good (7.48%), attributed to manufacturing/electronics and goods production.
• AI / Anthropic-related claim:
  • The speaker says Anthropic’s results (“numbers”) may come Thursday.
  • They mention an expected loss of ~42 billion.
  • They connect this to earlier pressure on IT stocks.

FII selling / flows

• The speaker claims FIIs sold heavily in India in:
  • Cash, and
  • Index futures
• They argue that covering short positions may not stabilize the market immediately, particularly if futures/hedging strategies continue.

Derivatives / options commentary

• Put-call ratio is said to have closed lower.
• Stock options show slight improvement.
• Conclusion: the market looks oversold, but whether bulls can take control remains uncertain.

Trading levels mentioned for Nifty (as stated)

Support zones

• Around 22780
  • “Last support” mentioned near 22840
• Additional downside levels referenced include 22700
• Notably cited: 22660
• Further downside levels are also referenced (generally around/near 22700 / 22660 and lower), though multiple numbers are given.

Resistance zones

• Initial resistance described around the 22840 / 22800 area
• Other resistances listed: 22840, 22910, 22966
• A “final” resistance is mentioned, but the subtitle/numbers appear inconsistent (the text indicates something like ~2380 / ~23280 / ~23380 style, but it’s unclear).

Overall stance

• The speaker’s stance is bearish.
• They suggest price action may remain similar to yesterday.

Sector / stock caution

• The speaker says no specific stock recommendations today.
• Reason: uncertainty in a bearish trend.
• Viewers who don’t understand options are advised to stay away.

Presenters / contributors

• Single presenter: The speaker (name not provided in the subtitles).