Absolute Analytics Channel

One can book early profits in GodrejCP @33

NIFTY SECTOR OUTLOOK | 10 June 2026 Strong Sectors Banking & Financials – Bullish • Strongest sector currently. • RBI's concessional forex swap facility is expected to improve foreign currency funding and liquidity for banks. • SBI, ICICI Bank, HDFC Bank, Axis Bank, and PSU Banks remain key beneficiaries. • Nifty Bank outperformed the broader market in the previous session. PSU Banks – Bullish • Direct beneficiaries of RBI's overseas borrowing and FCNR deposit measures. • Improved funding outlook and liquidity support remain positive triggers. Aviation – Positive • Brent crude eased nearly 2%, reducing fuel-cost pressure. • Airline stocks may benefit if oil prices remain stable. • InterGlobe Aviation (IndiGo) has already shown relative strength. Neutral Sectors IT / Technology – Neutral • Weak rupee remains supportive for export revenues. • However, global growth concerns and cautious sentiment are limiting aggressive buying. • Infosys, TCS, HCLTech, Wipro, and Tech Mahindra remain stock-specific. Pharma – Neutral to Positive • Defensive sector during uncertain market conditions. • Stable earnings outlook continues to attract selective buying. FMCG – Neutral • Defensive demand remains intact. • Inflation concerns due to oil prices continue to cap upside. Weak Sectors Auto – Bearish • Elevated oil prices and inflation risks continue to pressure demand outlook. • Higher fuel costs remain a concern for the sector. Metals – Bearish • Global growth concerns and weaker external demand continue to weigh on sentiment. • Commodity-linked sectors remain vulnerable to global uncertainty. Oil Marketing Companies (OMCs) – Bearish • Despite the recent dip, crude prices remain elevated compared with pre-conflict levels. • Margin concerns persist for IOC, BPCL, and HPCL.

AA MARKET PULSE | 10 JUNE 2026 • GIFT Nifty at 23,246, down 0.24%, signals a cautious start for Indian markets • US markets closed mixed, with Dow gaining 0.17% while Nasdaq fell 0.97%, reflecting weakness in technology stocks • FII sold ₹4,566.03 crore while DII bought ₹6,159.48 crore, providing continued domestic support • Crude eased to ₹8,421, offering some relief to inflation concerns, while DXY remained stable near 100 • Banking and financial stocks led Tuesday's recovery after the RBI's forex swap facility eased funding concerns • Nifty continues to hold above the crucial 23,000 level despite volatility and mixed heavyweight performance • Elevated crude prices remain a key risk and could trigger intermittent FPI selling in sensitive sectors Overall Sentiment Market sentiment remains cautiously positive. Strong DII buying, easing crude prices, and supportive RBI measures are helping sentiment, though continued FII selling and global uncertainty may keep markets range-bound with a stock-specific focus.

Good morning

Silver will find support @ ₹236000

Booked @152198

T1 done Goldm 152200

It’ll be a quick trade. Target 152200 152000

Sold GoldM @152700 Risky coz of high volatility SL above 152950

Xauusd holding the intraday support range of $4325-4323 The fall will be till $4308-4303 In mcx:- ₹154545 approx Fall can be near about ₹153910

BTST GodrejCP 1010CE June Bought @26 Risk: high due to global uncertainty. Technically it is good. Sector strength in favour. Stop in spot below 1005. Target projection 1031, 1055

GodrejCP 1010CE June in watchlist

Accumulation detected in Nifty prices. Sellers are losing control but still have the majority of 62% over buyers.

Targets done Bookek bnf @1199

Bought BNF 54700CE @1130 SL below 1080 and target 1160, 1200

Nifty gap filled. Momentum is falling, which shows accumulation phase currently. Banknifty also in radar for orb breakout.

Nifty will be trapped in the range-bound zone till it breaks the resistance zone of 23288-23300. As per structure it looks bullish, but the intraday noise signals for a chance of gap-filling before resuming any upside movement.

Intraday range defined: NIFTY 23259.45 and 23194.90 BANKNIFTY 54711.20 and 54242.30

*Short Summary 9 Jun 2026)* *Market Bias*: Negative to cautious opening due to weak US markets, weak GIFT Nifty, rising crude oil, and FII selling. *Strong Sectors (Bullish)* * Banking & Financials – RBI rate cut and liquidity support. * Pharma – Defensive buying during market volatility. * Defence – Benefiting from geopolitical tensions. *Neutral Sectors* * FMCG – Stable demand, defensive play. * IT – Weak rupee helps exports, but global tech weakness limits upside. *Weak Sectors (Bearish)* * Auto – Higher crude oil and inflation concerns. * Metals – Global growth worries. * OMCs – Rising crude hurts margins. * Aviation – Higher fuel costs. *Key Drivers* * US markets sold off sharply. * GIFT Nifty indicates a gap-down opening. * Crude oil near multi-month highs. * RBI remains supportive. * FII selling continues. * Weak rupee favors IT and Pharma. *Summary*: If the market remains weak, money is likely to rotate into Banking, Pharma, and Defence, while Auto, Metals, and Aviation may underperform.