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📊 Premarket Report – July 02, 2025
Published: 09:05 AM IST
📰 Top Headlines
- 🕊️ Middle EAST Ceasefire Tensions: Ceasefire between Iran and Israel holds, but minor violations keep markets cautious, supporting a stable yet volatile outlook.
- 💵 Rupee Gains: Indian rupee strengthens to 85.65 against the US dollar, aided by lower crude prices and RBI interventions.
- 🏦 RBI Liquidity Measures: RBI’s VRRR auctions aim to absorb excess liquidity, potentially impacting short-term yields and market sentiment.
- 📈 GIFT Nifty Signals Flat Start: GIFT Nifty at 25,750 suggests a flat-to-positive Nifty 50 opening near 25,517.
- 📊 IPO Activity: HDB Financial Services IPO lists with expected 10% gains; Ellenbarrie Industrial Gases and Globe Civil Projects IPOs draw strong interest.
🌐 Global Market Snapshot
🇺🇸 US Markets
- Dow Jones: +0.6%
- S&P 500: +0.5%
- Nasdaq: –0.8%
- VIX: 16.10 (–1.2%)
US markets closed mixed, with Dow gaining on trade optimism, while tech-heavy Nasdaq dipped due to large-cap tech weakness.
🌍 Asia & Europe
- FTSE 100: +0.4%
- DAX (Germany): +0.7%
- Nikkei 225: –0.8%
- Hang Seng: +0.6%
Asian markets mixed with Nikkei weaker; European indices rise on global cues.
🛢️ Oil & Commodities
- Brent Crude: $68.50 (–0.5%)
- WTI Crude: $65.00 (–0.6%)
- Gold: $3,330.00 (–0.3%)
- Rupee: 85.65 (+0.3%)
Oil prices stabilize after ceasefire-driven drop; rupee gains on weaker dollar.
🇮🇳 India Market Overview
Nifty 50
- Close: 25,517.05 (–0.47%)
- High: 25,580
- Low: 25,500
- India VIX: 14.25 (+0.7%)
Nifty consolidates near 25,500, with support at 25,400 and resistance at 25,700.
📊 Sector Performance
| Sector | Change |
|---|---|
| PSU Bank | +1.7% |
| Metal | +1.1% |
| Pharma | –0.4% |
| FMCG | –0.3% |
| IT | –0.9% |
PSU banks and metals rally; IT and FMCG see mild selling pressure.
Top Gainers / Losers
| Gainers | Losers |
|---|---|
| SBI | Infosys |
| Tata Steel | Kotak Mahindra Bank |
| PNB | HDFC Bank |
PSU banks and metals drive gains; IT and private banks lag.
📈 Options Data & OI Chart
Nifty Options Open Interest (OI)
Max Call OI at 25,800 strike (1.18 crore contracts) signals resistance; max Put OI at 25,400 strike suggests strong support.
| Strike | Call OI (Lakhs) | Put OI (Lakhs) |
|---|---|---|
| 25,400 | 50.0 | 78.0 |
| 25,600 | 80.0 | 60.0 |
| 25,800 | 118.0 | 36.0 |
Chart: Simplified OI chart below.
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