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Indices
Note :
- 'Open' prices are based on pre-market indicators and may differ slightly at actual market open.
- Traders are advised to wait for the first 30 minutes of trading to gauge market direction more accurately.
- Always use proper risk management techniques, especially on days with higher volatility.
Top Gainers and Losers :
Top Gainers
Top Losers
Note :
- Last Price and Change are as of market open.
- Volume represents the number of shares traded in the first 15 minutes of trading.
- 52-Week High and Low are based on the previous trading day's close.
Global Markets Overview: Negative
Major global indices are showing negative trends, indicating a unfavorable environment for Indian markets.
- U.S. Markets: Nasdaq CFD closed up by -3.56%, S&P 500 CFD index lost by -2.71%.
- European Markets: DAX CFD up by 0.52%, CAC CFD increased by 0.33%.
- Asian Markets: Hang Seng CFD fell by -1.65%, Taiwan Weighted index down by -1.41%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
25,285.35
Previous Day Change:
-58.00 (0.23%)
Intraday Supports:
25,083.75
Intraday Resistances:
25,431.55
- Nifty 50 is consolidating with sideways movement between 25,180 and 25,280
- Support is established around 25,140 with resistance near 25,300
- Volume spike noted in the late session, indicating potential momentum shift
- A breakout above 25,280 might lead to a bullish move toward 25,320
Bank Nifty Outlook
#StreetOpen
Previous Close:
56,609.75
Previous Day Change:
15.25 (0.03%)
Intraday Supports:
55,899.68
Intraday Resistances:
57,115.28
- The chart indicates an uptrend with higher highs and higher lows formed recently Key resistance is around 56,750, while support is seen at 56,450 Significant volume spike observed during the breakout above 56,500, suggesting strong buying interest A sustained move above 56,750 could open up further upside potential toward 57,000
Previous Day's Market Breadth
Total Advancing Stocks
1118
Total Declining Stocks
1975
Advance-Decline Ratio
0.566
Sector Watch
Note :
- Sector performance is based on the first 30 minutes of trading.
- Individual stock movements within sectors may vary.
- Investors should consider their risk appetite and investment horizon before making decisions based on short-term sector movements.
Get daily predictions and stock updates
Market Breadth
Advancing Sectors
6
Declining Sectors
14
Advance-Decline Ratio
0.429
Sector Rotation Analysis
Key Sector Trends
Finance
Samir Arora's Helios Flexi Cap fund increased holdings in HDFC Bank and Adani Ports, indicating higher equity deployment.
Software & IT Services
Investors focused on upcoming second-quarter earnings from HCL Tech, following TCS's results that slightly beat expectations.
FMCG
IT and FMCG sectors among key laggards as markets snap 2-day gains amid weak global cues.
Power
L&T wins large grid infrastructure orders in the Middle East, boosting its Power Transmission & Distribution business.
Sectors to Watch
Sector - News
Finance
Tata Capital makes subdued market debut with a 1.2% premium listing.
Power
L&T secures Rs 2,500-5,000 crore grid infrastructure orders in the Middle East.
Retailing
DMart shares fall after Q2 earnings, with analysts flagging margin pressure.
Pre-Market News
- BLS International Services:BLS International shares crash up to 18% as MEA bans company from ministry tenders for 2 years.
- Waaree Renewable Technologies:Waaree Renewable Technologies stock soars over 13% today to new all-time high after Q2 net profit doubles.
- Nifty 50 Index:Sensex down 350 pts, Nifty below 25,200: US-China tariff worries among key factors behind market fall.
- S&P BSE SENSEX Index:First Tick: Top global cues to watch in today’s trade as Asian stocks got off to a rocky start.
Stocks to Watch
Avenue Supermarts
Q2 net profit rise 4%, revenue jumps 15.5%
Waaree Renewable Technologies
Q2 consolidated profit up 117%, revenue up 47%
Signature Global
Q2 pre-sales declines 28% to Rs 2,010 crore Vs Rs 2,780 crore, YoY
Our Top Research Calls (Previous Day)
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About Author
Santhosh Kumar V.
Founder, CEO Streetgains
Santhosh is a technical analyst, market researcher, educator and trader with 10+ years of experience. He is an expert in the area of patterns, price and time analysis as it applies to futures, Forex, and stocks.
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