Indian Market Pre-Market Report (Wednesday, July 9, 2025)
🌐 Market Overview
Indian equities are likely to open flat to slightly negative today.
GIFT Nifty is trading around 25,590, down marginally (~10–15 pts), indicating indecision ahead of key global cues.
🏦 FII & DII Activity (As of July 8, 2025)
Foreign Institutional Investors (FII):
Buy: ₹12,039.02 Cr
Sell: ₹11,997.30 Cr
Net Buy: ₹41.72 Cr → marginal inflow, neutral bias
Domestic Institutional Investors (DII):
Buy: ₹12,923.92 Cr
Sell: ₹11,593.08 Cr
Net Buy: ₹1,330.84 Cr → supportive to the market
📈 FII Index Futures Positioning
FII continues to hold heavy short positions in index futures.
Current net short position stands at over ₹70,500 Cr, suggesting a cautious or bearish stance by foreign traders.
🔍 Open Interest (OI) – July Series (Nifty Options)
Maximum Call OI (Resistance):
26,000 strike – strong resistance zone.
Followed by 25,600 and 25,500 levels.
Maximum Put OI (Support):
25,400 strike – strong support base.
Followed by 25,000 strike.
Inference: Nifty is expected to trade within 25,400–26,000 range unless a strong directional trigger emerges.
📉 Support & Resistance Levels – Nifty 50
Level
Zone
Resistance
25,600 / 25,800 / 26,000
Support
25,400 / 25,250 / 25,100
💡 Key Market Triggers Today
FOMC Meeting Minutes will be released tonight (US time), which may hint at future interest rate moves.
Watch for any developments related to the US–China tariff deadline set for July 9. Any extension or relaxation could boost global sentiment.
Domestically, absence of major economic events keeps markets hinged on global triggers and earnings momentum.
🧾 Trading Setup Summary
Parameter
View
GIFT Nifty
~25,590 (Flat to mild red)
FII/FPI Cash Activity
Small net buying
DII Cash Activity
Strong buying support
FII Index Futures
Heavy net shorts
Key Resistance
25,600–26,000
Key Support
25,400–25,250
Global Cues
Mixed, cautious ahead of FOMC
Strategy
Rangebound; Buy dips near 25,400 with stoploss, avoid longs above 25,700 unless breakout confirmed
📌 Conclusion: Markets are expected to remain rangebound with a slightly cautious bias. FII short positions remain a concern, but DII inflows and strong support at 25,400 could stabilize dips. Global news, especially from the US Fed and tariff-related updates, will guide direction post-noon and into Thursday.
