Market Trend Broken, Not Weak: Today's Strategy Amid FII Selling & HDFC Bank Pressure

• Nifty and Bank Nifty show 'Lower High–Lower Low' pattern, breaking short-term rally, indicating consolidation.
• FIIs' return brings selling pressure, with ₹4,000 crore selling in cash and futures, impacting index futures.
• HDFC Bank's 5.25% fall, driven by 83% delivery-based selling, significantly pressures Nifty and Bank Nifty.
• Global cues like Donald Trump's stance on Russia and upcoming Q3 results add to market volatility.
• Strategy: Avoid high FII holdings; focus on auto, IT, pharma, pre-budget themes, select NBFCs, and PSU banks.

Why It Matters: Short-term market trend broken but not weak; adapt strategy amid FII selling and HDFC Bank pressure.