Big Bull Coach

24.04.2026:

Big Bull Coach Market ki baatein - Your daily dose - Episode 257 (for 23.04.2026)

24.04.2026: CM Inst flows (prov)
DIIs net (buy) ₹4700.71 Cr
FIIs net (sell) -₹8827.87 Cr
FII selling intensified finally after being somewhat manageable to light in past 6-7 sessions. FIIs very likely to have dumped Indian IT stocks bigtime today. DII buying decent but the quantum could only do some damage control which it did but not prevent slide.

24.04.2026:
NIFTY 50 23897.95 -275.10 (-1.14%)
NIFTY BANK 56089.75 -215.25 (-0.38%)
Although Gift Nifty indicated a +ve opening of about 50pts pre-opening disagreed & indicated about 70pts down opening. Thus Nifty did open gap-down in Cash mkt though Fut opened up. But nonetheless bears had their say as Nifty then kept going down steadily. Infosys ADR closed weak y'day & so did the stock see 2% cut in opening trade, thus inducing further bearishness as far as IT pack was concerned. Opening weakness thus converted into a good 200pts steady & sliding fall as IT stocks saw strong beating with TCS & HCL Tech falling further & joined the bear party alongside Infosys. Banks too were weak thus ensuring bulls had no support. Even 25-DEMA of 23940 failed to provide any meaningful support as Nifty kept correcting all the way to a low of 23813.65 though recovered somewhat thanks to decent recovery in BkNifty but closed technically weak below 23900. Nifty IT saw over 5% cut after almost similar cut y'day as investors rush to exit such sunset businesses. Also, US Pres Trump's highly abusive post towards Indians & Chinese made y'day too likely induced further bearishness for Indian ITs. Midcaps & SmCaps too thus saw punishment today of nearly 1% each wherein Midcap ITs were major contributors. Reliance Ind posted Q4FY2025-26 nos in evening wherein Net profit has dipped 9% QoQ & 12.55% YoY although revenue was up 4% QoQ &12.9% YoY. Rel Jio though continues to do well with both Revenue & Net rising but retail division struggled a bit on ever-increasing competition. However, major dip in Rel Ind net profit is concerning & will likely to pose challenge wrt the stock's appreciation in the short-medium term. Gift Nifty though has rebounded sharply in evening session, up by 181pts as mkt reaction is visibly +ve. Thus, Monday likely to see a strong start but again the risk is that FIIs might cannibalize the bounce & thus force mkt back to weak trajectory. Also, Crude oil now being stubbornly high above $100 poses major inflation risk & thus very unhealthy for Indian equities. Nifty seems very likely headed to test 13th April low of 23555.6 for now.

23.04.2026:

Big Bull Coach Market ki baatein - Your daily dose - Episode 257 (for 23.04.2026)

23.04.2026: CM Inst flows (prov)
DIIs net (buy) ₹941.35 Cr
FIIs net (sell) -₹3254.71 Cr
FII selling continues though not very intense but surely they seem to have decided to use the sharp comeback from 22k in Nifty to keep supplying & get out before things turn bad once again. DII buying comparatively very marginal thus mkt have to keep retracing gains.

23.04.2026:
NIFTY 50 24173.05 -205.05 (-0.84%)
NIFTY BANK 56305.00 -819.45 (-1.43%)
Weak gap-down opening seen of about 170pts as indicated by Gift Nifty & affirmed by pre-opening rates. Gift Nifty was weak since y'day evening itself even though US mkt closed strong overnight with Dow30 closing with over 350pts gains. However, US30 Fut opened upside down over 300pts & thus bears had an upperhand. Nifty although did recover decently by 130pts to 24280. As was stipulated 24150 was a major support level which did work afterall. But, recovery was short-lived as Nifty again went southwards to close weak just above the support level around 24150. Pharma though bucked the mkt trend as Dr. Reddy's rallied nearly 9% today as investors seemingly rushed to buy defensives amid chances of re-ignition in US-Iran conflict. Autos to saw sharp decline today as Nifty Auto was down 2.35% as fresh spike in Brent crude to over $100 have ignited fresh fears. Also, reports of sharp increase in demand of Ola electric bikes too have made investors nervous wrt to I.C.E. focused auto companies. Infosys reported Q4FY2025-26 nos today which largely in-line with mkt expectations. Infy ADR reacted mostly neutrally to the nos though it may change when US mkt open. Any bearish there might have a spillover effect for Indian IT pack tomorrow. Indian mkt remains technically weak in the short term . A fresh post by US Pres Trump came today wherein he took a sharp attack at India/Indians working in US & especially in the silicon valley there. Such posts can well ignite fresh trade tensions & thus can create fresh investor nervousness & accentuate FII exodus. Nitty if breaks below 24150 could be headed to 25-DEMA support of 23950 for now. Mid100 & SmCap250 saw marginal correction of about 0.5% each as investors got slightly cautious there though any fresh +ve triggers can easily re-ignite buying spree in them.

22.04.2026:

Big Bull Coach Market ki baatein - Your daily dose - Episode 256 (for 22.04.2026)

22.04.2026: CM Inst flows (prov)
DIIs net (sell) -₹1048.17 Cr
FIIs net (sell) -₹2078.36 Cr
Both Inst sides were net sellers today which is somewhat rare. FII selling is but obvious & self-explanatory but DII net selling can be attributed to likely dumping by MFs in HCL Tech stock which posted much weaker than exp Q4 results though they might have sold off other IT names too.

22.04.2026:
NIFTY 50 24378.10 -198.50 (-0.81%)
NIFTY BANK 57124.45 -247.00 (-0.43%)
Weak gap-down opening of about 150pts seen as indicated by Gift Nifty. Gift Nifty fell by over 200pts y'day evening as US mkt erased all of gains while US-Iran peace talks coming to a standstill too induced some bearishness in Indian & global mkt. Bulls were unable to hold Nifty above the 200-EMA (5-min) as it descended further to 24330 in Fut & 24354 in spot. HCL Tech reported Q4FY2025-26 nos that were much below exp as Net profit grew by mere 4% thus missing analyst estimates while fwd guidance too was very weak at mere 1-4% growth sales projection. Thus, HCL stock tanked by over 10% by late morning & dragged other IT giants like TCS % Infosys too along with it. After recovering decently from low of 24354 to 24440 Nifty managed to consolidate btw 24390-24345 but a good late breakout attempt fell badly forcing Nifty to close weak & closer to day's low. Nifty IT saw cut of almost 4% which created strong ripple effect while Autos to were weak though some Old Eco biggies like Adani Ent, Ultratech gained decently. Nifty has taken major u-turn from y'day, being technically strong to showing technical weakness now. Also, post Q4 results fatigue to might kick in as longs keep unwinding & thus retracement/correction pressure weighs which can pull Nifty down further to the nearest major support level of 24150. Also, Inst buying too has almost dried up in the past 2-3 sessions which too has a -ve bearing for bulls. Also, on the geo-political front US-Iran ceasefire is holding on (as US Pres Trump unilaterally extended the ceasefire today morning but no definite time period given) risks from middle-east front remain alive as sporadic reports of Iran targeting tankers keep coming. Midcap were largely quiet today but SmCaps contd their winning streak as SmCap250 closed with over 1% gain, much of it thanks to 9% rally in IREDA. Also, others like PNB Hsg Fin rallied 8% while Energy & Eng stocks too continue to do well like Elecon Eng, Ather Energy, CESC etc.

21.04.2026:

Big Bull Coach Market ki baatein - Your daily dose - Episode 255 (for 21.04.2026)

21.04.2026: CM Inst flows (prov)
DIIs net (buy) ₹2221.27 Cr
FIIs net (sell) -₹1918.99 Cr
DIIs continue to buy with medium intensity while FIIs keep supplying with medium/mild intensity. Thus, a subtle understanding helps mkt keep gaining steadily. Any flare-up in global tensions though can invite fresh was of FII selling & thus fresh downward pressure for Indian mkt, which thus remains the immediate potential danger for now.

21.04.2026:
NIFTY 50 24576.60 +211.75 (0.87%)
NIFTY BANK 57371.45 +789.10 (1.39%)
Mild gap-up opening converted into further gains as bullish momentum was firm & bulls remained in control of the mkt trend. Nifty rallied by over 100pts in opening trade in sync with rally in BkNIfty/banks. US mkt closed nearly flat overnight while US30 Fut were up nearly 100pts thus providing some bullish vibes for our mkt. Also, Nestle came out with strong Q4FY2025-26 nos wherein Sales grew nearly 10% QoQ thus setting FMCG pack on fire. Thus, Leaps & bounds follow-up gains were seen with hiccups in-btw as bulls held their ground while almost across the board gains were seen except for Pharma pack. HUL too rallied over 4% alongside Nestle. Thus, strong gains in FMCG helped Nifty conquer 25500 & test 25600. Technically, Nifty/mkt remains strong as it is headed to test its 200-DEMA of around 25800 though any flare up in geo-political/US-Iran tensions can play spoilt-sport. Midcaps saw marginal gains of 0.5% while SmCap250 saw almost 1% gains albeit they too remain steady on the bull path. Sugar stocks are on fire currently for past few sessions thanks to Central govt deciding to go aggressive on Ethanol, Balarampur Chini saw over 5% gains while Triveni Eng surged 11.79% today as outlook for Sugar sector remain very bullish amidst uncertainty over global crude oil supply Infact should Govt pursue E85 aggressively much more demand for ethanol likely in future thus allowing for relentless growth.