📊 MARKET OUTLOOK | FRIDAY, 11 SEPTEMBER 2026 ━━━━━━━━━━━━━━━━━━ 🌍 GLOBAL CUES ...

📊 MARKET OUTLOOK | FRIDAY, 11 SEPTEMBER 2026 ━━━━━━━━━━━━━━━━━━ 🌍 GLOBAL CUES 🔴 US–Iran tensions → Major risk 🛢️ Brent $107+ → Inflation & margin pressure 🔴 US Markets weak → Global risk-off 📈 US 10Y ~4.97% → Valuation pressure 🔴 Asian Markets -3% → Weak global setup 🟡 Gold ~$4,333 → Safe-haven demand 🇮🇳 MARKET VIEW 🔴 GIFT Nifty -118 pts → Sharp weak opening 📉 Nifty CMP: 23,478 🟢 DII +₹1,026 Cr → Strong support 🟢 Sept DII: +₹23,018 Cr ⚠️ Long weekend → Avoid aggressive positions 📈 NIFTY LEVELS 🟢 Support: 23,350 → 23,200 🔴 Resistance: 23,550 → 23,700 → 23,800 ➡️ Above 23,550 → 23,700–23,800 ➡️ Below 23,350 → 23,200 📊 PCR: ~0.77 → Cautious positioning 🏦 BANK NIFTY 🟢 Support: 56,250 → 56,000 🔴 Resistance: 56,750 → 57,000 🔥 SECTORS IN FOCUS 🛢️ UPSTREAM OIL: ONGC | Oil India 🍬 SUGAR: Select sugar stocks 🏢 NSE STAKEHOLDERS: IFCI | GIC Re | New India Assurance | SBI | LIC 🛡️ DEFENCE: HAL | BEL | BDL | Bharat Forge 💻 AI / DATA CENTRE: Tata Elxsi | TCS | STT | Redington 🎯 TOP ACTIONABLES 🔥 TFCI → Stock-specific opportunity 🔥 MRPL → Crude/refining theme 🔥 PINE LABS → RBI re-KYC extension positive 🔥 WPIL → Infra/water theme 🔥 REDINGTON → AI & digital expansion 🔥 EMIL → Electronics growth ⚡ DELIVERY: PAYTM ⚡ GRANULES INDIA → Block deal may create near-term supply 🏢 KEY NEWS • Vodafone Idea: ~$3.5bn lender financing reported • PC Jeweller: >96% remaining consortium debt cleared • Tata Elxsi: AI investment in KAVIA • Premier Energies: 12 GWh BESS JV • Man Industries: ₹600 Cr fresh orders • Sterlite Tech: AI data-centre fibre products • JSW Infrastructure: ₹467 Cr NCR Rail acquisition • Kolte-Patil: ₹600 Cr sales in 60 hours 💰 FLOWS 🔴 FII: -₹438 Cr 🟢 DII: +₹1,026 Cr 🟢 Sept DII: +₹23,018 Cr ➡️ DII support remains strong, but global risk is dominating. ⚠️ KEY RISKS 🛢️ Brent $107+ 📈 US 10Y near 5% 🇺🇸🇮🇷 Middle East escalation 🌍 Global risk-off sentiment 📅 TODAY 🇺🇸 US CPI 🇬🇧 UK GDP / Industrial Production 🇯🇵 Japan PPI 🇮🇳 India FX Reserves 🤝 Modi–Putin bilateral meeting 💰 Granules India block deal 🏢 NSE IPO developments 🧭 DESK VIEW Market setup is highly challenging. Protect capital first. Nifty remains weak below 23,550, while 23,350–23,200 is the crucial support zone. 🟢 Strong DII flows 🟢 Record SIP inflows 🟢 Stock-specific opportunities 🔴 Crude $107+ 🔴 US yields near 5% 🔴 Geopolitical escalation 🎯 STRATEGY AVOID AGGRESSIVE BUYING AT THE OPEN Prefer selective upstream oil, sugar, NSE stakeholders and event-driven stocks. Keep overnight risk controlled ahead of the long weekend. 🔥 OVERALL BIAS 🔴 NIFTY: BEARISH BELOW 23,550 🟡 MARKET: HIGH VOLATILITY 🟢 DII SUPPORT: STRONG 🟢 OIL / SUGAR / NSE THEME: FAVOURED 🔴 CRUDE + YIELDS + GEOPOLITICS: MAJOR RISK 🎯 CORE STRATEGY: CAPITAL PROTECTION FIRST — BUY ONLY WHERE RISK/REWARD IS CLEAR. ━━━━━━━━━━━━━━━━━━ MARKET DESK ━━━━━━━━━━━━━━━━━━