Good Morning Pre market report Benchmark indices staged a relief rally on Tuesday from Monday’s sharp losses while broader Mid and Small cap indices extended their declines as they continued to underperform on valuation and earnings concerns. "We maintain our sell on rise stance for the index and emphasize the importance of robust risk management, particularly in broader market segments like midcaps and small caps, while awaiting clearer signals, GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded higher by 36 points, or 0.16 per cent, at 23,028.50, signaling that Dalal Street was headed for positive start. • India VIX: India VIX, which is a measure of the fear in the markets, rose 0.3% to settle at 18.2 levels. US stocks end higher U.S. stocks ended higher on Tuesday, with Nvidia and other artificial intelligence-linked technology shares recovering from sharp losses the previous day as investors snapped up bargains. • Dow up 0.3%; • S&P 500 gains 0.9%; • Nasdaq rises 2% FII/DII action Foreign portfolio investors turned net sellers at Rs 4,921 crore on Tuesday. DIIs bought shares worth Rs 6,814 crore. Rupee The rupee depreciated 26 paise to close at 86.57 against the US dollar on Tuesday, as global risk sentiments were dampened amid tariff threats by the US President Donald Trump. FII data The net short of FIIs reduced from Rs 2.79 lakh crore on Monday to Rs 2.36 lakh crore on Tuesday.