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 closed up by -0.53%, Nasdaq CFD index lost by -0.46%.
- European Markets: DAX CFD up by 0.7%, CAC CFD increased by 0.43%.
- Asian Markets: KOSPI rose by 1.87%, Taiwan Weighted index up by 0.8%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
26,175.75
Previous Day Change:
-143.55 (0.55%)
Intraday Supports:
26,006.98
Intraday Resistances:
26,410.18
- NIFTY50 is in a shortterm downtrend with a recent attempt to stabilize
- Immediate support is near 26,000 while resistance is at 26,120
- Significant volume spike observed during the afternoon session indicating potential buying interest
- A break above 26,120 could lead to a shortterm bullish reversal
Bank Nifty Outlook
#StreetOpen
Previous Close:
59,681.35
Previous Day Change:
-407.55 (0.68%)
Intraday Supports:
59,187.72
Intraday Resistances:
60,361.12
- Bank Nifty is in a clear downtrend, moving below both moving averages
- Key support is at 59,200 while resistance levels are seen around 59,600
- A significant volume spike occurred around the 59,250 level, indicating strong selling pressure
- Potential bearish continuation if it breaks below 59,200 with increased volume
Previous Day's Market Breadth
Total Advancing Stocks
1084
Total Declining Stocks
2007
Advance-Decline Ratio
0.54
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
5
Declining Sectors
14
Advance-Decline Ratio
0.357
Sector Rotation Analysis
Key Sector Trends
Finance
Only 17% of IPO proceeds are directed towards capacity creation, with most funds flowing to exiting shareholders through OFS.
Automobile & Ancillaries
India's auto sector shows signs of cooling after a strong festive season, with a sharp month-on-month dip in November.
Finance
RBI's potential rate cuts are in question as strong GDP numbers lower expectations of further monetary easing.
Miscellaneous
Nomura flags weakness in industrial growth despite strong GDP, with Trump tariffs overshadowing GST relief.
Sectors to Watch
Sector - News
Banks
Yes Bank and Union Bank shares rise up to 3% on inclusion in Bank Nifty from Dec 31.
Healthcare
Wockhardt shares jump 6% after US FDA accepts new drug application for Zaynich.
Finance
Bharat Dynamics shares rise on Rs 2,461.62 crore order win from Indian Army.
Pre-Market News
- Bajaj Housing Finance:Bajaj Housing Finance shares fall 9% to 52-week low amid buzz of promoter's 2% stake sale.
- Bharat Dynamics:Bharat Dynamics shares rise on Rs 2,461.62 crore order win from Indian Army.
- Nifty 50 Index:Will Rupee Slide & Expiry Day Caution Keep Nifty Bulls On The Back Foot? GIFT Nifty hints at a negative start for Indian equities.
Stocks to Watch
Bank of Maharashtra
Government to divest up to 6% stake in Bank of Maharashtra via OFS.
Bharat Dynamics
Company secures additional orders worth Rs 2,462 crore from The Indian Army.
Force Motors
Total sales up 53% at 2,883 units versus 1,885 units, YoY.
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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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