15.07.2025-Tuesday, 08.30 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a flat to negative note at 25149.50, on the opening move it made a high 25151.10 further it moved down made a day low 25001.95 and closed on a negative at 25082.30 with an intra loss 67.55 points, i.e., -0.27%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open on near 25110-25090-25055 levels; if open, trade and sustain above 25110 then, the index may re-test 25150-25175-25210-25240-25275-25335-25390 levels. On the other hand, the immediate support lies at 25035-25000 if, the Index moves below 25000 then, it may try to re-visit 24980-24950-24925-24900-24845-24800-24755-24730 levels.

Special Mention: Yesterday, Nifty Index opened on flat to negative note, unable to continue the up move above 25150, made a high 25151.50, thereafter, the day long sell-off dragged the index till our threshold support zone i.e, 25000.24985, made a low 25001.95 and closed just near 25090 level. Today, the Nifty index must trade, sustain and closes above 25210-25335; 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 25000-24955, further weakness below 24955 then, the Index may try to re-visit 24930-24840-24755-24615 levels in the near term. Let see how the Index opens today near 25110-25090-25055 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 56780.75 on the opening move, it made a high 56896.30 thereafter, it moved down, made a low 56594.25 and closed on a flat to positive note at 56765.35 with a marginal intra gain 10.65 points, i.e., 0.02%,  today Nifty Bank Index must move and sustain above 56830-56895 levels; if to do so, then it may try to test 56980-57070-57140-57275-57360-57465-57570 levels. On the other hand, any weakness near 56830-56895 further, it moves below 56710-56665 then, the Index may re-visit 56595-56550-56425-56300-56140-56065-55985 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 82537.87 on the opening move, it made a day high 82537.87 thereafter, it moved down and made a low 82010.38 and closed on a negative note at 82253.46 with an intra loss 247.01 points, i.e., -0.30%, today Sensex must move and sustain above 82315-82435 levels; if to do so, then it may try to re-test 82565-82680-82810-82980-83110-83240-83355-83465-83610 levels. On the other hand, any weakness near 82315-82435 further, it moves below 82135-82010 then, the Index may re-visit 81875-81780-81535-81370-81200 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 14th Jul'25 stands at 0.72 with PUT open interest of 2543696 and CALL open interest of 3528626, 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 : Yesterday, FIIs/FPIs, continued as a net seller, they sold on the net basis to the tune of Rs.1614.32 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.1787.68 Cr.

For the month of July'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.11898.50 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.14190.66 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 Jun'25 released on 14th Jul'25-Monday, the inflation has come down to 2.10% from May'25 level i.e., 2.82%.

WPI Inflation data for the month of Jun'25 released on 14th Jul'25-Monday, it has come down further to the negative side i.e., -0.13% as against the May'25 level i.e.,0.39%.

Wishing you for a safe, secured and profitable trading.

DISCLAIMER:

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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