With recent developments like the Jane Street saga, it’s becoming more evident that a large chunk of trading volume in Indian derivatives is controlled by foreign trading desks. “The tail wags the dog”.
This brings up an important question—how much impact do local news desks or broker news updates really have on intraday price movements?
Personally, I only follow the macro news highlights from Reuters via TradingView, mainly because that’s probably what the global desks are watching too.
It feels like foreign institutions are reacting more to international news flow rather than the granular analysis from Indian media.
So here’s my question:
Is it a waste of time to read in-depth local news and micro-level analysis for intraday trading, when the bigger moves are often triggered by foreign Trading desks.
Would love to know how others approach this—do you still follow Indian news desks for your intraday setups, or do you stick to global news flow?
Well news do matter but not to the point of taking trading decisions. General X news and Dhan news does it. I don’t watch Indian media that much except for maybe Redbox, Moneycontrol, Mint, ET, WSJ, Barron’s, Reuters India. Rest all media have lost their credibility.
I don’t bother during the day, just after my workout in the gym itself, I just glance through everything that happened today. That’s it.
Institutions have the tools and brains to get news and act upon it faster than the retail. For short term retail trading therefore news global or local rarely gives any significant edge.
The rule only I have is don’t carry anything in a counter where an event is expected. And for news and intraday trading, well it depends on chart structure of Intraday timeframes.
Personally, I only follow the macro news highlights from Reuters via TradingView, mainly because that’s probably what the global desks are watching too.
To prove the point — consider this example: while the Indian market was trading with a negative sentiment due to concerns over Trump and tariff-related issues, with the Nifty slipping below 24,400, a brief but positive update was published by Reuters. Immediately after, the market reversed its course and rallied.
This clearly shows that foreign trading activity reacts more strongly to international macro sentiment — particularly news released by global financial platforms like Reuters — rather than to granular, domestically compiled reports from Indian financial news desks.
In short, it’s the news picked up by international financial outlets that truly manages the price in the Indian markets — not the local narratives.
from my trading i observed that most of the times , market already reacted to news based on expectations or simply react slowly like chaltha . But very few times react spontaneously . So it doesn’t matter at the end of the day who wins, who lose matters, so who in simple market news is a biggest bluff master in market games.
or simply react slowly like chaltha 
. But very few times react spontaneously 
. So it doesn’t matter at the end of the day who wins, who lose matters, so who in simple market news is a biggest bluff master 
in market games.