Nifty Faces Pressure Below 26,100; Focus on Select Stocks, Bank Nifty Strong

• Nifty under pressure from Reliance and HDFC Bank; Bank Nifty maintains its uptrend.
• FII selling was minimal at ₹108 Cr; Nifty made a lower low and lower high after 4 days, with trailing SL hit at 26,210.
• Market reacts to Q3 updates: Titan strong, Lodha excellent (despite weak real estate), Jubilant Foodworks slightly weaker than estimates.
• Strategy: Go long on Bank Nifty, hedge with Nifty puts; focus on select stocks like PSU banks, OMCs, FMCG, and Pharma.
• Caution advised for smallcap stocks; largecap valuations remain attractive. Nifty support at 26,125, resistance at 26,200-26,250.

Why It Matters: Nifty faces weakness below 26,100; Bank Nifty strong, focus on select largecap stocks for better returns.