India Market Open Summary
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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 -2.24%, S&P 500 CFD index lost by -1.6%.
- European Markets: CAC CFD down by -2.99%, DAX CFD decreased by -2.73%.
- Asian Markets: KOSPI rose by 1.16%, Straits Times CFD index up by 0.85%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
24,565.35
Previous Day Change:
75.85 (0.31%)
Intraday Supports:
N/A
Intraday Resistances:
N/A
- NIFTY50 is in a downtrend but showing signs of consolidation
- Key resistance is at 24,700, while support can be seen around 24,550
- Volume spike at 24,575 suggests a potential reversal point
- Watch for a breakout above 24,675 for a possible bullish move
Bank Nifty Outlook
#StreetOpen
Previous Close:
55,617.60
Previous Day Change:
-25.90 (0.05%)
Intraday Supports:
55,223.60
Intraday Resistances:
56,294.60
- Bank Nifty is in a clear downtrend with lower highs and lows on the 5minute chart
- Immediate resistance is around 55,700, while key support is found near 55,350
- Significant volume spikes observed around 11:00 indicate potential momentum shifts
- A break below 55,350 could lead to further bearish movement
Previous Day's Market Breadth
Total Advancing Stocks
1443
Total Declining Stocks
1303
Advance-Decline Ratio
1.107
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
16
Declining Sectors
4
Advance-Decline Ratio
4.0
Sector Rotation Analysis
Key Sector Trends
Metals & Mining
Tata Steel shares surged 2% due to strong Q1 results, driven by higher steel realisations and government safeguards on imports.
Logistics
Delhivery shares jumped 5% after strong Q1 results and acquisition of Ecom Express.
Software & IT Services
HCLTech's CEO is the highest-paid Indian IT CEO for a second year, reflecting the company's strong market performance.
Power
Tata Power's Q1 net profit rose 9% YoY, with brokerages remaining bullish despite a 2% share price fall.
Pre-Market News
- Tata Steel:Tata Steel shares surge 2% on strong Q1 results, supported by higher steel realisations.
- Delhivery:Delhivery shares jump 5% to hit fresh 52-week high after strong Q1 results.
- Federal Bank:Federal Bank shares tumble 5% as Q1 profit dips due to a sharp rise in provisions.
Stocks to Watch
MCX India
Q1 net profit up 49.9% at Rs 203 crore versus Rs 135.4 crore, QoQ.
Federal Bank
Q1 net profit down 14.7% at Rs 861.8 crore versus Rs 1,010 crore, YoY.
ITC
Q1 net profit flat at Rs 4,912 crore, revenue up 20% to Rs 21,059 crore in Q1FY26.
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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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