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: Negative
Major global indices are showing negative trends, indicating a unfavorable environment for Indian markets.
- U.S. Markets: Nasdaq CFD closed up by -1.9%, S&P 500 CFD index lost by -1.12%.
- European Markets: DAX CFD down by -0.61%, FTSE CFD decreased by -0.57%.
- Asian Markets: KOSPI fell by -1.84%, Nikkei 225 CFD index down by -1.48%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
25,509.70
Previous Day Change:
-17.40 (0.07%)
Intraday Supports:
25,372.53
Intraday Resistances:
25,747.73
- NIFTY50 is currently in a downtrend with lower highs and lower lows visible
- Immediate resistance is around 25,525 while support appears near 25,450
- A significant volume spike indicates potential upcoming volatility
- Momentum indicators suggest a possible reversal if sustained above resistance
Bank Nifty Outlook
#StreetOpen
Previous Close:
57,554.25
Previous Day Change:
322.55 (0.56%)
Intraday Supports:
57,249.38
Intraday Resistances:
58,097.48
- Bank Nifty experienced a reversal from a downtrend to a shortterm uptrend post 57,200
- Key support is observed around 57,550, with resistance near 58,000
- Significant volume spike accompanies the rally near 57,300, indicating strong buying interest
- Momentum indicators suggest potential further bullish movement if resistance is breached
Previous Day's Market Breadth
Total Advancing Stocks
1589
Total Declining Stocks
1526
Advance-Decline Ratio
1.041
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
10
Declining Sectors
10
Advance-Decline Ratio
1.0
Sector Rotation Analysis
Key Sector Trends
Finance
Mas Financial navigates tough environment well, remains on track for growth.
Banks
Bank Nifty rebounds over 1% led by ICICI Bank and AU Small Finance.
Miscellaneous
India's investor base surges to 12 crore, driven by digital and middle-class equity revolution.
Power
Power Grid Corporation sees easing of execution bottlenecks, boosting earnings visibility.
Pre-Market News
- Pine Labs:Pine Labs IPO opens for subscription amid weak global cues.
- Bajaj Auto:Bajaj Auto set to report earnings as Nifty signals a subdued start.
- Bharti Airtel:Bharti Airtel in focus today as Indian indices eye third straight day of declines.
Stocks to Watch
TVS Motor
Company enters into share purchase agreement with Accel India VIII & MIH Investments One B.V.
Lupin
Q2 net profit up 73.34% at Rs 1,478 crore against Rs 852.6 crore, YoY.
Rail Vikas
Company wins an award from Central Railways worth Rs 272 crore.
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
