India Market Open Summary
Invalid date
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: Positive
Major global indices are showing positive trends, indicating a favorable environment for Indian markets.
- U.S. Markets: Dow Jones Futures CFD opened up by 0.48%, Nasdaq CFD index gained by 0.13%.
- European Markets: CAC down by -1.36%, DAX decreased by -1.13%.
- Asian Markets: Hang Seng rose by 1.11%, KOSPI index up by 1.1%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
24,793.25
Previous Day Change:
205.25 (0.83%)
Intraday Supports:
Intraday Resistances:
- NIFTY50 is in a strong uptrend following a breakout above 24,850
- Key support is at 24,800 with resistance around 25,040
- Volume spikes indicate strong buying interest in the latest rally
- A sustained move above 25,040 could trigger further bullish momentum
Bank Nifty Outlook
#StreetOpen
Previous Close:
55,577.45
Previous Day Change:
477.70 (0.86%)
Intraday Supports:
55,198.12
Intraday Resistances:
56,132.12
- Bank Nifty is showing an upward trend after breaking past the 55,880 resistance level
- Support is seen around 55,440 with resistance near 56,080
- Significant volume spike accompanied the upward move indicating strong buying interest
- Potential exists for continued bullish movement if momentum sustains above the 56,080 level
Previous Day's Market Breadth
Total Advancing Stocks
1962
Total Declining Stocks
668
Advance-Decline Ratio
2.937
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
20
Declining Sectors
0
Advance-Decline Ratio
inf
Sector Rotation Analysis
Key Sector Trends
Banks
PSU banks rally as RBI slashes provisioning norms for project loans; analysts see lending revival and profitability boost.
FMCG
The final quarter of FY25 saw a sequential pick-up in sales, indicating improving consumer sentiment.
Metals & Mining
India is pushing for rare earth elements, presenting opportunities for investors amid uncertainties.
Finance
Jefferies projects a credit growth of 12 percent and deposit growth of 10 percent for SBI, supported by adequate liquidity buffers.
Pre-Market News
- Kaynes Technology:Kaynes Tech shares jump 2% after firm launches QIP to raise up to Rs 1,600 crore.
- Delhivery:Delhivery shares drop 3% on Jefferies downgrade, sees another 8% potential fall.
- United Spirits:United Spirits shares gain as it fully acquires NAO Spirits in Rs 130 crore deal.
- Adani Ports:Adani Ports shares fall 2.3%, extend decline to 9% in seven sessions amid escalating Israel-Iran conflict.
Stocks to Watch
HDFC Bank
Arm HDB Financial IPO to Open on June 25 & close June 27.
Nestle
Company board to consider bonus shares on June 26.
Axiscades Technologies
Company signs strategic partnership with Europe’s Aldoria to strengthen India’s space capabilities.
Our Top Research Calls (Previous Day)
Which Stock Should You Buy in Your Next Trade?
Get Started Now
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.
New to trading? Our hand-holding support makes getting started easy!
Join Streetgains Today! Pay for Successful Research Calls - Credit Based Subscription.
Get Started Now
