June 2, 2025
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 : 30-05-2025
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: Dow Jones Futures CFD closed up by -0.35%, Nasdaq CFD index lost by -0.32%.
- European Markets: FTSE up by 0.64%, DAX increased by 0.27%.
- Asian Markets: Hang Seng fell by -2.36%, Nikkei 225 index down by -1.45%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
24,750.70
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
24,630.80
Intraday Resistances:
24,923.90
- NIFTY50 is in a consolidation phase with no clear trend direction
- Immediate support is at 24720, with resistance around 24780
- Significant volume spike observed near 11:30 indicating potential volatility
- A breakout above 24780 might lead to a bullish move, while a dip below 24720 suggests bearish pressure
Bank Nifty Outlook
#StreetOpen
Previous Close:
55,749.70
Previous Day Change:
0.00 (0.00%)
Intraday Supports:
55,183.17
Intraday Resistances:
56,096.57
- Bank Nifty is in an uptrend after breaking out of consolidation around 55360
- Resistance is visible at 55780 with a support level near 55290
- Significant volume spike seen at the breakout, indicating strong buying interest
- Potential for further bullish movement if 55780 is breached with increased volume
Previous Day's Market Breadth
Total Advancing Stocks
1299
Total Declining Stocks
1581
Advance-Decline Ratio
0.822
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
Healthcare
Healthcare remains a key focus area given the long-term demand drivers and innovation in the sector.
Finance
Foreign institutional investors (FIIs) snapped a five-day gaining streak, selling equities worth Rs 6,449.74 crore.
Oil & Gas
OPEC+ agrees on a third oil supply surge, deepening the price slump.
Miscellaneous
Emerging Markets Equity Funds inflows hit a seven-week high.
Pre-Market News
- Reliance Power:Reliance Power shares jump 16%, hit 10-year high amid surge in trading volumes.
- Bajaj Auto:Bajaj Auto's EV production at risk from July as China tightens rare earth magnet supply.
- Nifty 50 Index:Sensex, Nifty start June series on a weak note as IT drags, tariff concerns weigh.
- Nifty 50 Index:GIFT Nifty sets an all-time high monthly turnover of $102.35 billion in May.
Stocks to Watch
Niva Bupa Health Insurance
True North and other entities are planning to raise up to $126 mn via the block deal route in Niva Bupa Health Insurance
M&M
Overall May sales up 17% YoY at 84,110 units and exports up 37% at 3,652 units versus 2,671 units, YoY
Tata Motors
Total May sales down 8.60% at 70,187 units against 76,766 units and domestic sales down 10% at 67,429 units versus 75,173 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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