๐ Market Report – July 24, 2025
Published: 08:50 AM IST
๐ฐ Market Updates
- ๐ Global Markets Positive: US markets closed green; S&P 500 at ~6,310 (+0.1%); Asian markets trading positively.
- ๐ฑ Rupee Outlook: Indian rupee at ~86.40 (flat), expected to trade in 86.30-86.50 range amid global dollar strength.
- ๐ฆ Earnings Season: Bajaj Finance Q1 profit up 14% to ₹4,350 crore; Infosys results may boost IT sector.
- ๐ GIFT Nifty Signals Gap-Up: GIFT Nifty at 25,298.5 (+0.20%), suggesting Nifty 50 opening around 25,250-25,300, above Jul 23 close of 25,219.90.
- ๐ IPO Activity: QIP fundraising in 2025 at ₹31,200 crore; no major IPO listings today.
- ๐ป IT Sector Steady: Infosys, TCS hold gains; Wipro sees mild profit-taking post-Q1.
- ⚙️ Infra Resilient: Larsen & Toubro, capital goods strong on order inflows.
๐ Global Market Insights
๐บ๐ธ US Markets
- Dow Jones: ~44,900 (-0.2%)
- S&P 500: ~6,310 (+0.1%)
- Nasdaq: ~20,990 (+0.4%)
- VIX: ~18.10 (-0.5%)
US markets green; focus on tech earnings and Fed policy.
๐ Asia & Europe
- Nikkei 225: ~39,950 (+0.3%)
- Hang Seng: ~25,000 (+0.1%)
- Shanghai Composite: ~3,020 (+0.3%)
- DAX: ~+0.5% (Futures)
Asian markets positive; Nikkei, Hang Seng supported by trade optimism.
๐ข️ Commodities & Forex
- Brent Crude: ~$69.00 (+0.1%)
- WTI Crude: ~$67.50 (+0.1%)
- Gold: ~$3,400 (+0.2%)
- Rupee: ~86.40 (flat)
Commodities stable; Gold near 5-week high; rupee steady.
๐ฎ๐ณ India Market Pulse
Nifty 50
- Close (Jul 23): 25,219.90 (+0.63%)
- High (Jul 23): ~25,300
- Low (Jul 23): ~25,150
- India VIX: ~11.30 (+0.2%)
Nifty bullish; support at 25,150, resistance at 25,400.
๐ Sector Movers
| Sector | Change |
|---|---|
| PSU Bank | -0.4% |
| FMCG | +0.7% |
| IT | +0.9% |
| Metal | +0.8% |
| Realty | +1.1% |
Realty, IT lead; PSU banks underperform.
Top Movers
| Gainers | Losers |
|---|---|
| Bajaj Finance | Axis Bank |
| Wipro | Shriram Finance |
| Oberoi Realty | HDFC Life |
Bajaj Finance up 3% on Q1; Axis Bank down 2.5%.
๐ Options Analysis
Nifty Options Open Interest (OI)
Max Call OI at 25,500 strike (~1.10 crore contracts) signals resistance; max Put OI at 25,000 (~1.05 crore contracts) indicates support.
| Strike | Call OI (Lakhs) | Put OI (Lakhs) |
|---|---|---|
| 25,000 | 82.0 | 105.0 |
| 25,200 | 87.0 | 92.0 |
| 25,500 | 110.0 | 48.0 |
Chart: Nifty OI distribution below.
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