The Tanmay Edge | India's pre-market edge, every trading day.

Bulls won the expiry. Can they hold above 23,600? Yesterday's story: Nifty closed 23,581 (+172 pts), IV crushed 88% on expiry, VIX dropped 8.38% to 19.79. And for the first time in weeks — FIIs bought index futures (+₹1,247 Cr) while still selling cash (-₹4,741 Cr). A small number, but the first crack in the short wall. FII net short position reduced to 2,40,775 contracts. Today's setup: GIFT Nift...

It's expiry day — and Nifty wants to gap up 140 points straight into the 23,500 wall. GIFT Nifty at 23,496. Asia broadly green — KOSPI +2.77%, Hang Seng +1.11%, Taiwan +1.77%. Brent crude still above $100 at $102.95. But don't let the green fool you: FIIs sold another ₹9,365 crores in cash on Monday and are sitting on 2.48 lakh short index futures contracts. The structural sell hasn't changed. In...

Markets open green — but don't be fooled by the gap. GIFT Nifty is trading 77 points higher at 23,280, up 0.33%, signalling a flat to positive open for Monday. Asian markets are mixed — Nikkei down 1.23%, Jakarta down 2.62%, while Hang Seng and Straits Times are holding slight gains. Dow futures are showing early morning strength after European markets closed marginally negative on Friday. On comm...

Friday, 13th March — GIFT Nifty trades at 23,510, down 206 points, signalling a weak open near 23,500. US markets closed sharply lower — S&P 500 down 1.52% and Nasdaq down 1.78% — while European markets shed 0.5%. Asian markets are broadly in the red this morning, with Nikkei down 1.24% and Kospi down 1.52%. FIIs were net sellers of ₹7,049 crore yesterday, while DIIs absorbed ₹7,449 crore. For...

Friday, 22nd August — GIFT Nifty trades at 25,057 , down 50 points, even as Asian markets hold steady in the green. US indices slipped overnight, with the Nasdaq down 0.34% at a crucial 21,000 level. Flows turned supportive, with FIIs buying ₹1,246 crore and DIIs adding ₹2,546 crore. For the month, however, FIIs remain net sellers (-₹24,128 crore), while DIIs continue to absorb supply (+₹66,512 cr...

Friday, 22nd August — GIFT Nifty trades at 25,057 , down 50 points, even as Asian markets hold steady in the green. US indices slipped overnight, with the Nasdaq down 0.34% at a crucial 21,000 level. Flows turned supportive, with FIIs buying ₹1,246 crore and DIIs adding ₹2,546 crore. For the month, however, FIIs remain net sellers (-₹24,128 crore), while DIIs continue to absorb supply (+₹66,512 cr...

It’s expiry day, Thursday 21st August, and markets are trading steady near the 25,000 mark . GIFT Nifty is higher at 25,109 (+29 pts), even as US markets saw weakness (Nasdaq -142 pts) and Asian markets trade mixed. Crude has bounced back above $67, gold is inching higher, and USDINR trades firm above 87. Flows remain divergent — FIIs sold another ₹1,100 crore while DIIs bought ₹1,806 crore, keepi...

Welcome to Trade Setup with Tanmay — your 5-minute audio podcast before the chaos begins. It’s Wednesday, 20th August, and markets are holding steady near the 25,000 mark despite weakness in global equities. Asian indices are sharply lower (Nikkei -1.6%, Taiwan -1.8%, Kospi -1.85%), while US markets saw a tech-led selloff with Nasdaq dropping 1.5%. Brent crude remains under $66, gold continues to...

EP26: Nifty Steadies Near 25,000, Range Trade Likely — Expiry Watch & Sector Cues | 19th August, Tuesday Global Cues: US markets rallied overnight. Asian markets mostly weak: Hang Seng (-0.3%), Taiwan (-0.58%), Kospi (-0.5%), Nikkei (-0.1%). Brent crude slipped below $67, trading at $66.28. Dollar Index at 98.20, USDINR testing resistance at 87.50–87.75. Institutional Flows: FIIs finally turne...

A very good morning and welcome to Trade Setup with Tanmay — your 5-minute audio podcast before the chaos begins. As of this morning, GIFT Nifty is trading at 24,924 , up nearly 270 points, indicating a positive start to the week. Key Market Drivers GST Reform Impact : The recent next-gen reforms in GST, with tax rate changes, could influence individual stocks and entire sectors. This will be the...

GIFT Nifty is trading flat near 24,650 this morning as markets gear up for expiry. Global cues are mixed — US markets closed positive with Nasdaq at 21,713 (+137 pts) and S&P 500 at 6,466 (+20 pts), while Asian markets are split: Jakarta and Shanghai in the green, Nikkei higher by 267 pts (+0.66%), but Hang Seng and Taiwan slightly weaker. Institutional Flow (13th Aug): FIIs: Sold ₹3,644 Cr (M...

As of this morning, GIFT Nifty is trading around 24,644, down by nearly 40 points, indicating a soft start to the day. But global developments are more significant, with renewed 25% tariff discussions and ongoing geopolitical tensions weighing on sentiment. Global Market Snapshot: US markets closed higher overnight Nikkei rallied over 2.16%, up nearly 900 points Jakarta and Taiwan also opened stro...

The expiry starts on a weak note with Gift Nifty down 69 points around 24,561 — weighed down by continued FII selling and fresh US tariffs on oil imports. Despite a strong global setup (Nasdaq +1.2%, Dow Futures up), Indian markets are bucking the trend. Big Headlines: RBI kept repo rate unchanged at 5.5% U.S. slapped 25% tariffs on key oil-linked imports Apple-led tech rally boosted Nasdaq Volati...

EP 21: RBI Policy Day, Flat Open, Long Gamma Still in Play, Clients vs Pros Diverge 6th August ( Wed ) Market Snapshot Gift Nifty trades flat at 24,704 RBI’s MPC policy meet today at 10 AM No rate change expected, but some calls for 25 bps cut Global Markets Nasdaq: -137 pts (20,916) S&P 500: -30 pts (6,299) Dow Futures: +146 pts Asia Mixed: Nikkei: +267 pts Jakarta, Shanghai: Mildly positive...

Market Snapshot Gift Nifty is flat at 24,720 — suggesting a muted open. After yesterday’s volatile bounce, markets are consolidating below the 24,700 zone. Volatility has risen from extreme lows, and real moves are starting to exceed implied expectations — setting the tone for long gamma plays. 🌍 Global Markets Dow Futures : +35 pts Nasdaq : Closed +0.3% at 20,710 S&P 500 : Closed flat at 6,2...

Welcome to EP19 of Trade Setup with Tanmay Kurtkoti , your 5-minute audio podcast before the chaos begins. The August series kicks off with caution. Gift Nifty trades 84 points higher at 24,683 , but global sentiment remains weak. US and European indices closed sharply lower on Friday, and Asian markets this morning are deep in the red — barring a few exceptions. Despite this, clients continue to...

Welcome to EP18 of Trade Setup with Tanmay Kurtkoti , your 5-minute pre-market podcast before the chaos begins. The August series opens on the back foot. Gift Nifty is down 105 points , trading near 24,730 , pressured by weak global cues, ongoing FII selling, and tariff tensions. The July expiry saw late-day selling despite a bounce earlier in the session, closing Nifty at 24,768 . Global Snapshot...

Welcome to EP17 of Trade Setup with Tanmay Kurtkoti , your 5-minute pre-market podcast before the chaos begins. Markets are set to open deep in the red after Trump imposed a 25% tariff on India . Gift Nifty is down 180 points around 24,675 as of 8 AM. It’s expiry day, and volatility is likely to spike sharply in the morning session. Global Snapshot: Nasdaq : +31 pts to 21,129 S&P 500 : -8 pts...

Welcome to EP16 of Trade Setup with Tanmay, your 5-minute pre-market podcast before the chaos begins. Markets open flat with Gift Nifty at 24,803, down 36 points. The setup remains cautious ahead of the key Fed decision tonight. FIIs continue to sell for the eighth straight day, while DII flows support the market. Earnings, global cues, and sector rotations are setting the tone. Global Markets US...

Welcome to EP15 of Trade Setup with Tanmay , your 5-minute pre-market podcast before the chaos begins. The market opens on a shaky note. Gift Nifty is down 45 points at 24,673 . FIIs have now sold for six straight sessions. Clients are overloaded on the long side while pros quietly accumulate puts. Is another leg down on the cards? 📊FII/DII Cash Activity (Monday): FIIs : Sold ₹6,082 Cr DIIs : Bou...

Welcome to EP14 of Trade Setup with Tanmay , your 5-minute pre-market podcast before the chaos begins. The week begins flat with Gift Nifty at 24,839 , but sentiment remains fragile. FIIs continue to sell, earnings are heavy, and key support levels are being tested. 🌍 Global Cues: Dow Futures : +183 pts at 45,083 S&P 500 & Nasdaq : Closed higher on Friday Europe : Mixed Asia : Crude : $69...

Welcome to EP13 of Trade Setup with Tanmay , your 5-minute market prep before the chaos begins. It’s expiry day, and the setup is primed for an upward bias. Gift Nifty is trading 50 points higher at 25,297 , while vols remain extremely compressed. TK breaks down the global cues, client vs pro positioning, sector momentum, and expiry trades. 🌏Global Snapshot Nasdaq : +127 pts — new highs led by Al...

Welcome to EP12 of Trade Setup with TANMAY , your 5-minute prep before the markets open. Markets continue to gap up in the morning and fade mid-session. With volatility near record lows and clients overloaded on put shorts, is another trap brewing? Let’s dive in. Global Markets: Dow : +129 pts S&P 500 : Flat at 6,309 Nasdaq : Still strong at 20,892 Europe : Mixed — DAX down 1.1%, FTSE & CA...

Welcome to EP11 of Trade Setup with Tanmay , your go-to 5-minute market prep before the chaos begins. After Jane Street’s return, Monday saw a volatile drop to 24,900 , followed by a solid bounce to 25,100 . TK walks through global cues, internal positioning, sector strength, and smart expiry trades for the day. 📈 Global Markets : S&P 500 (SPY) hit a record: 6,305 Nasdaq closed at a new high:...

Welcome to EP10 of Trade Setup with Tanmay , your 5-minute edge before Indian markets open. It’s a Monday filled with heavy results, weak volatility, and divergent institutional bets. TK breaks it all down. 🔍 Top Highlights: 📉 Market Snapshot : Gift Nifty at 24,991 — down 40 points Nifty closed Friday at 25,020 , flirting with key support near 24,900 Straddle (25,000) priced at ₹256 → 1 SD range...