Global & Indian Market Headlines
- US Fed minutes signal no imminent rate cuts; market remains cautious.
- Nasdaq +0.22%, Dow −0.94% amid mixed earnings outlook.
- Brent crude holds at $86—watch inflation implications for India.
- GIFT Nifty trading slightly higher; flat-to-positive start expected.
- FII net selling ₹1,028 Cr; DIIs buying ₹846 Cr in equities.
- India VIX dips to ~12, suggesting reduced volatility.
Global Indices Snapshot
| Index | Last | Change |
|---|---|---|
| Dow Jones | 44,427 | −0.94% |
| Nasdaq | 20,854 | +0.22% |
| FTSE 100 | 8,806 | −0.19% |
| Nikkei 225 | 39,711 | +0.31% |
| Hang Seng | 24,119 | +0.97% |
Commodities
| Commodity | Price | Change |
|---|---|---|
| Gold (COMEX) | $2,385 | +0.02% |
| Brent Crude | $86.20 | +0.74% |
| WTI Crude | $82.10 | +0.63% |
| Natural Gas | $2.70 | −1.10% |
GIFT Nifty & Nifty Futures – Gap Analysis
GIFT Nifty trading at ₹25,506, up +30.5 pts (+0.12%) from previous close.
Spot Nifty closed at ₹25,461.30 on 7 July.
Nifty July Futures around ₹25,541, premium ~80 pts over spot.
Gap: GIFT Nifty +45 pts; Futures premium ~80 pts — indicates mildly bullish to flat open.
FII/DII Cash Flow
| Participant | Amount (₹ Cr) |
|---|---|
| FII | −1,028 |
| DII | +846 |
Nifty Option Chain Overview
- PCR ≈ 0.92 (neutral–bearish)
- Max Pain at 25,500
- Highest Call OI: 25,600 strike
- Highest Put OI: 25,400 strike
Support & Resistance Levels (Swing Analysis)
Support: 25,320 (recent swing low), 25,120 (major demand zone)
Resistance: 25,560 (recent swing high), 25,740 (supply zone)
Sectoral Performance
| Sector | Change |
|---|---|
| IT | −0.8% |
| Bank Nifty | +0.1% |
| Auto | +1.2% |
| Pharma | +0.7% |
| FMCG | −0.3% |
Stocks to Focus Today
- Tata Motors: Call OI buildup; bullish momentum.
- Infosys: PCR <0.8; testing resistance—monitor closely.
- ICICI Bank: Strong delivery and OI support near 1,220.
- Adani Ports: Breakout on volume; watch for continuation.
Top Gainers / Losers
| Gainers | % | Losers | % |
|---|---|---|---|
| Maruti | +2.8% | Infosys | −1.6% |
| HDFC Bank | +1.9% | TCS | −1.2% |
| Sun Pharma | +1.5% | UPL | −0.9% |
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