CLOSING BELL —— REVIEW & PREVIEW @4PM —— Tuesday, July 1st 2025

# Nifty wavers on the 1st trading day of 2nd half of calendar year FY25.

The markets are awaiting some big trigger to jump towards Nifty’s all-high at 26277.35 mark.

NIFTY (+25, 25542)
Sensex (+91, 83697)
Bank Nifty (+147, 57459)

# THEME OF THE DAY:

1) Nifty continues to hit the pause button as bullish consolidation seen as preferred theme.

2) Anxious traders brace for July 9 Trump’s tariff deadline.

3) Wall Street and stock markets across globe are wondering if the July 9 President Trump’s tariff deadline be extended?

4) FM Nirmala Sitharaman says, India open to 'big, beautiful deal' with US, says FM Nirmala Sitharaman

FM Nirmala Sitharaman however insists that agriculture and dairy sectors remain non-negotiable red lines.

5) The US Dollar has been dethroned, now at 3 years low at 96.50 area amidst growing concerns over the US fiscal outlook and trade uncertainty that weighed on sentiment.

6) The street is closely watching the Senate’s progress on President Trump’s sweeping tax-cut and spending package, which is expected to add $3.3 trillion to the national debt.

7) Overnight, the S&P 500 and the Nasdaq had scaled fresh new-all-time-highs.

7) Oil prices depressed at $65 a barrel.

# Long Story Short: Bullish consolidation was the preferred theme for the day amidst lack of major positive trigger.

# SECTOR GAINERS:
NIFTY PSUBANKS (+0.71%)
NIFTY OIL & GAS (+0.49%)
NIFTY METALS (+0.31%)

# SECTORS LOSERS
NIFTY MEDIA (-1.31%)
NIFTY FMCG (-0.69%)
NIFTY IT (-0.30%)

# Adv-Dec 24—26
# INDIA VIX 12.52 (-2.11%)
# NIFTY PCR (03rd July) 0.65
# NIFTY PCR (31st July) 1.24
# USD/INR Futures (July) (-0.31%, 85.61)

# TODAY’S MARKET RE-CAP:

1) Nifty ends the day mildly in green. Nifty’s all-time-high continues to be at 26277.35 mark.

2) Bank Nifty too recovers from intraday low and ends the day in green, mirroring, Nifty’s bullish consolidation. Bank Nifty’s new all-time-high continues to be at 57614.50 mark

3) India VIX plunges to 12.48 levels.

4) The market breadth (24:26) mostly evenly biased.

5) The Nifty Mid-cap (+0.02%) and Nifty Small-cap (-0.07%) indices were trading absolutely flat.

6) Among sectoral indices, maximum sluggishness was witnessed in Nifty MEDIA (-1.35%) followed by Nifty FMCG (-0.66%) and then at Nifty IT (-0.28%) but that said, buying was witnessed in Nifty PSU BANKS (+0.71%), Nifty OIL & GAS (+0.46%) and NIFTY INFRA (+0.40%).

# Bottom-line: The running of bulls shall continue albeit some serious consolidation.

# TECHNICAL OVERVIEW:

# A small sipping top candlestick pattern is being formed on the daily charts of Nifty indicating more bullish consolidation on cards in the near term.

# Technically, Aggressive upside targets continue to be at Nifty’s all-time-high at 26277.35 mark.

Meanwhile, the biggest interweek support for Nifty will be at 25000 (low as on June 24th).

The biggest make-or-break support for Wednesday’s trade is placed at 25421/25277 mark.

# BULLS OF THE DAY:
APOLLOHOSP (+3.63%)
BEL (+2.70%)
RELIANCE (+1.75%)
ASIANPAINTS (+1.24%)
SBILIFE (+1.19%)

# BEARS OF THE DAY:
NESLTEIND (-2.22%)
AXISBANK (-2.14%)
SHRIRAMFIN (-1.53%)
TRENT (-1.29%)
ETERNAL (-1.25%)

STOCK ALERT:

1) Gabriel India is locked in upper cicuit after the company's board approved a comprehensive restructuring scheme aimed at transforming the company into a diversified mobility solutions provider.

2) Bajaj Auto (+0.23%) is trading sluggish after reporting total auto sales of 3,60,806 units for June 2025, which is higher by 1% as compared with the figure of 3,58,477 units recorded in June 2024.