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: Positive
Major global indices are showing positive trends, indicating a favorable environment for Indian markets.
- U.S. Markets: S&P 500 CFD opened up by 0.4%, Nasdaq CFD index gained by 0.39%.
- European Markets: DAX up by 0.89%, FTSE increased by 0.65%.
- Asian Markets: SET Composite fell by -1.29%, Nikkei 225 index down by -1.23%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
24,833.60
Previous Day Change:
-82.90 (0.33%)
Intraday Supports:
N/A
Intraday Resistances:
N/A
- NIFTY50 is in a consolidation phase with no clear directional trend
- Key support is around 24,700 while resistance levels are near 24,820
- Volume spikes near the close indicate potential increased activity or a shift
- RSI suggests neutral momentum, pointing to possible sideways movement
Bank Nifty Outlook
#StreetOpen
Previous Close:
55,546.05
Previous Day Change:
203.65 (0.37%)
Intraday Supports:
54,788.78
Intraday Resistances:
56,161.38
- Bank Nifty is in an uptrend with a higher high pattern forming
- Resistance is near 55,780 while support is observed around 55,520
- A notable volume spike occurred around 13:00, indicating strong buying interest
- A sustained move above 55,780 may trigger further bullish momentum
Previous Day's Market Breadth
Total Advancing Stocks
1256
Total Declining Stocks
1617
Advance-Decline Ratio
0.777
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
2
Declining Sectors
18
Advance-Decline Ratio
0.111
Sector Rotation Analysis
Key Sector Trends
Automobile & Ancillaries
Bajaj Auto's EV production faces challenges due to tightened rare earth magnet supply from China.
Metals & Mining
Metal stocks like Vedanta and Tata Steel decline as US-China tariff talks stall.
Software & IT Services
Indian IT stocks slide as US court reinstates Trump-era tariffs, raising concerns over tech spending.
Finance
Heavy trading volumes drive BSE shares to a lifetime high, rallying 75% in six months.
Pre-Market News
- Bajaj Auto:Bajaj Auto's EV production at risk from July as China tightens rare earth magnet supply.
- Prestige Estates Projects:Prestige Estates shares fall, snapping a 5-day winning streak on weak Q4 results.
- Wockhardt:Wockhardt shares jump 7% as net loss narrows to Rs 45 crore in Q4FY25.
- TCS:TCS, Infosys, HCL Tech, other IT stocks slide as US appeals court reinstates Trump tariffs.
Stocks to Watch
Bajaj Auto
Bajaj Auto Q4 earnings above estimates. Profit grows 5.9% YoY to Rs 2,049.3 crore, revenue increases 5.8% to Rs 12,148 crore.
Ipca Labs
Ipca Laboratories Q4 profit soars 13.8% YoY to Rs 67.8 crore, revenue jumps 10.5% to Rs 2,246.7 crore with strong operating numbers.
Mazagon Dock
Mazagon Dock Shipbuilders Q4 profit sinks 50.9% YoY to Rs 325.3 crore with subdued operating performance. Revenue grows 2.3% to Rs 3,174.4 crore.
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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