Indian Equity Benchmarks Open in the Red

On Tuesday, the Indian equity benchmark indices, BSE Sensex and Nifty50, opened in the red. At 9:19 AM, BSE Sensex was trading at 81,522.94, down 226 points or 0.28%, while Nifty50 was at 24,594.45, down 74 points or 0.30%. Analysts note that Nifty faces resistance near 24,800, and fluctuations in the India VIX pose additional challenges for bullish traders.

Financial markets began the week cautiously as investors awaited the US Federal Reserve's key interest rate decision. US markets showed mixed performance with Nasdaq reaching record levels, while investors assessed economic data before the Federal Reserve's announcement. The dollar remained strong near recent highs before anticipated US rate adjustments, and gold prices stabilized as markets awaited the Federal Reserve's 2025 outlook.

F&O Ban List and Investor Activity

The F&O ban list includes Granules, Manappuram, Nalco, SAIL, RBL Bank, and Hindustan Copper. FPIs recorded net sales of Rs 278 crore, while DIIs sold Rs 234 crore worth of shares. The FII net short position increased to Rs 75,038 crore from Rs 60,551 crore.