14.07.2025-Monday, 08.30 am

Good Morning all... 

What has happened on Friday? Nifty Index, opened on a negative note at 25255.50, on the opening move it made a high 25322.45 further it moved down made a day low 25129 and closed on a negative at 25149.85 with an intra loss 205.40 points, i.e., -0.81%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open on a negative note near 25130-25090 levels; if open, trade and sustain above 25130 then, the index may re-test 25190-25225-25265-25300-25335-25400 levels. On the other hand, the immediate support lies at 25055-25020 if, the Index moves below 25020 then, it may try to re-visit 24980-24930-24900-24865-24835-24800-24755 levels.

Special Mention: On Friday, Nifty Index opened on negative note, unable to continue the up move above 25335, made a high 25322.45, thereafter, the day long sell-off dragged the index till our threshold support zone i.e, 25150-25090, made a low 25129 and closed just near 25150 level. Today, the Nifty index must trade, sustain and closes above 25200-25335; it may continue the pull back rally to re-test 25510-25670-25760 levels in the near term. On the other hand, the immediate support seen at 25090-25000, further weakness below 25000 then, the Index may try to re-visit 24950-24840-24755 levels in the near term. Let see how the Index opens today near  25130-25090 levels.

Nifty Bank Index: On Friday, Nifty Bank Index opened on a positive note at 56843.45 on the opening move, it made a high 57091.05 thereafter, it moved down, made a low 56607.75 and closed on a negative note at 56754.70 with an intra loss 201.30 points, i.e., -0.35%,  today Nifty Bank Index must move and sustain above 56815-56950 levels; if to do so, then it may try to test 57035-57090-57220-57330-57410 levels. On the other hand, any weakness near 56815-56950 further, it moves below 56680-56600 then, the Index may re-visit 56550-56425-56300-56140-56065-55985 levels. 

Sensex Index: On Friday, Sensex opened on a negative note at 82820.76 on the opening move, it made a day high 83040.74 thereafter, it moved down and made a low 82442.25 and closed on a negative note at 82500.47 with an intra loss 689.81 points, i.e., -0.83%, today Sensex must move and sustain above 82610-82740 levels; if to do so, then it may try to re-test 82955-83075-83170-83270-83365-83465-83610 levels. On the other hand, any weakness near 82610-82740 further, it moves below 82440-82300-82220 then, the Index may re-visit 82085-81875-81780-81535 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 11th Jul'25 stands at 0.76 with PUT open interest of 2291722 and CALL open interest of 3012036, when compared with previous day level of 0.76, normally the reading below 1 denotes weakness/bearish, above 1 denotes strength/bullish on the index.

FIIs/FPIs & DIIs Funds Flow on NSE, BSE and MSEI : On Friday, FIIs/FPIs, turned as a net seller, they sold on the net basis to the tune of Rs.5104.22 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.3558.63 Cr.

For the month of July, month to date FIIs/FPIs continued as a net seller, they sold Rs.10284.18 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.12402.98 Cr.

INDIA's Macro Data:-

On 01st July'25-Tuesday, the HSBC Manufacturing PMI data released for the month of Jun'25, it moved up to 58.40 from 58.20 i.e., May'25. Likewise, the HSBC Services PMI data for the month of June'25 released on 03rd Jul'25-Thursday, it moved up to 61.00 from 59.30 i.e., May'25.

The RBI MPC meet held on 06th Jun'25-Friday, the MPC has reduced the Repo rate by 50 BPS to 5.50% from the existing rate of 6.00%, also it has rdeuced the CRR-Cash Reserve Ratio by 100 BPS to 3% from 4%. 

GDP data for the Q4 ending Mar'25 released on 30th May'25-Friday, the GDP has moved up to 7.40% Vs.6.40% (Q3-Dec'24).

IIP data for May'25 released on 30th Jun'25-Monday, the Industrial production has come down to 1.20%; when compared to the Apr'25 level, i.e., 2.60%. 

Annual Inflation data for May'25 released on 12th Jun'25-Thursday, the inflation has come down to 2.82% from Apr'25 level i.e., 3.16%.

WPI Inflation data for the month of May'25 released on 16th Jun'25-Monday, it has come down further to 0.39% as against the Apr'25 level i.e.,0.85%.

Wishing you for a safe, secured and profitable trading.

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The writing in the above daily market update should only be construed as guidance. I assert that any business or investment decisions should not be based purely on the information presented in the daily market update. As a Research Analyst, I will not be responsible for any losses incurred by a visitor/investor/client, as a result of decisions made based on any information given in the daily market update.

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