Morning Action @ 7 AM – Friday, June 27th 2025

# Gift Nifty is comfortably above the dotted lines indicating, its likely to be up again for benchmark Nifty as helping sentiments are the S&P 500 and the Nasdaq Composite which are flirting near record highs.

# This Friday morning, the Nikkei too surged to its 4-month high overnight on the backdrop of overnight rally at Wall Street.

# The 2-biggest positive catalysts:

1) Growing expectations that the Federal Reserve may cut interest rates sooner than previously anticipated.

2) White House downplayed upcoming tariff deadlines, calming investor concerns about a trade war.

# Bottom-line: Nifty’s rally shall head into fourth day; and most importantly, aim to end the week with a bang.

# 7:00 AM GLOBAL UPDATE:
GIFT Nifty (+110, 25720)
Dow Futures: (+82, 43468)
Nasdaq 100 Futures (+21, 22468)

Nikkei (+586, 40169)
Hang Seng (+126, 24451)

Dow Jones (+404, 43387)
Nasdaq Composite (+194, 20168)
Bovespa (+1351, 137118).

# MARKET TRENDS:
Global cues: Positive
FII: (+12594.38 crores)
DII: (-195.23 crores)
Sentiment: Positive
Market Breadth: Positive
Technicals: Breakout play.
F&O: 24500 - 26000 zone.

India VIX 12.59 (-2.87%)
USD/INR Futures (29th July) 85.87
Nifty PCR (31st July) 1.31
Bank Nifty PCR (31st July) 1.08

# Nifty Outlook: This Friday, Nifty is likely to run higher, right from the start – and most importantly, may not even look back.

LotusFunds Super Trader: # Technically speaking, Nifty’s ‘Unstoppable Rally’ is likely to continue with aggressive targets at its all-time-high at 26277.35 mark...

# WHAT TECHNICALS TELLS US ON NIFTY & BANK NIFTY:

NIFTY (CMP 25549):
SUPPORT: 25475/25300
RESISTANCE: 25800/26277
RANGE: 25500-25800
BIAS: Positive
21 DMA: 24929
50 DMA: 24666
200 DMA: 24077

SENSEX (CMP 83756):
SUPPORT: 83300/82500
RESISTANCE: 84100/85978
RANGE: 83300-84300
BIAS: Positive
21 DMA: 81859
50 DMA: 81167
200 DMA: 79273

BANK NIFTY (CMP 57207)
SUPPORT: 56600/56100
RESISTANCE: 57700/58300
RANGE: 56900-57900
BIAS: Positive
21 DMA: 56096
50 DMA: 55446
200 DMA: 51996

WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:

# Wall Street enjoys a strong Thursday’s session as the S&P 500 index briefly surpasses its all-time record high.

# As on Thursday’s close, the Dow Jones gained 0.9% at 43386, the S&P 500 rose 0.8% to 6141, and the Nasdaq Composite had gained 1% to 20167.

# Gold prices ($3317 per ounce) are wavering and trading below the psychological 3350 mark.

# WTI crude oil futures are trading steady near the $65 per barrel, after plunging nearly 13% over the previous two sessions.

STOCK MARKET NEWS:

# The big breaking news: The S&P 500 hits new record high.

# The biggest positive catalyst: Growing expectations that the Federal Reserve may cut interest rates sooner than previously anticipated.

# President Trump is likely to announce candidates for next Fed Chairman, potentially installing a "shadow" chair who could push for a more dovish policy stance.

# We suspect, Nifty IT index could catch investors’ attention on dovish bets from the Federal Reserve.

# Technically speaking, Nifty’s ‘Unstoppable Rally’ is likely to continue with aggressive targets at its all-time-high at 26277.35 mark..

# Only a break below Nifty 25300 could catch the bulls off-guard.

# Our call of the day suggests, 'Upwards and upwards shall rise Nifty and Sensex — with absolutely no signs of hesitation!'

# The other 3-biggest positive catalysts

1) RBI bulletin says, ‘India's economy resilient amidst global uncertainties’

2) Oil stays depressed at $65.50 a barrel.

3) Nifty is likely to take over the positive baton from solid bullish leads from Wall Street in Thursday’s trade.

# Nifty Metal index could be star outperformer after Copper shot 3% higher in overnight.

# Meanwhile, the US PCE inflation figures due on Friday at 6:00 PM IST will command investors’ attention.

# Bottom-line: Nifty’s rally shall head into the fourth day, and most importantly, keep all bears at bay.

# Amongst stock specific action:

1) Tejas Networks gained 2.98% after the company announced a multi -faceted strategic partnership with Rakuten Symphony to develop integrated open RAN solutions and engage in joint go-to-market efforts, both in India and internationally.

2) H.G. Infra Engineering (HGIEL) rose 2.13% after the company announced that it has incorporated of a wholly owned subsidiary (WOS), H.G. Choraniya Bess.

3) Aurionpro Solutions surged 5% after the company announced that it has won a contract for implementing its automated fare collection (AFC) system for the public transport system in Egypt.

# Now, before we get into detail of today’s trading session, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25549): Buy at CMP. Stop at 25209. Targets 25750/25900. Aggressive targets at 26100-26277.35 zone.

Bank Nifty (57207): Buy at CMP. Stop at 56451. Targets 57700/58000. Aggressive targets at 58300-58500 zone.

# Our chart of the day is bullish on ADANI ENTERPRISES, APOLLO HOSPITALS and INDUS TOWER on any early intraday weakness with an interweek perspective.

# The 1 Stock to Buy Now: Buy LIC (CMP 957): Buy at CMP. Stop at 923. Targets 975/1003. Aggressive targets at 1033. (Interweek Strategy). Rationale: Probable higher consolidation rebound on the daily charts. The make-or-break intraday support at 933. Confirmation of strength only above 975 mark.

LotusFunds Super Trader: Nifty shall continue to sizzle as optimism accelerates.

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RISK DISCLOSURES ON DERIVATIVES:

# 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.

# On an average, loss makers registered net trading loss close to 50,000.

# Over and above the net trading losses incurred, loss makers expended an additional 28%of net trading losses as transaction costs.

# Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this platform being used for actual investments.