Premarket Report for the Indian Market Today (Wednesday, July 23, 2025)
:
🌐 1. GIFT Nifty & Global Cues
GIFT Nifty opened strongly, trading up about 75 points, signaling a likely positive start for the Indian market today.
Overseas markets showed mixed signals: optimism around trade deals lifted Asian equities, while lingering uncertainty in US and Europe kept caution alive.
The global backdrop suggests a range-bound start, with early momentum tilted mildly positive.
📊 2. Nifty Key Technical Levels
Level
Value
Support 1
25,000
Support 2
24,900
Resistance 1
25,250
Resistance 2
25,400
Expect the Nifty to find room to climb if it sustains above 25,000.
A breakout past 25,250–25,400 could spur short-covering momentum.
💼 3. FII & DII Cash Flows – 22 July
Investor
Net Flow (₹ Cr)
FII
–3,549 (net sellers)
DII
+5,240 (net buyers)
Foreign investors continued to reduce equity exposure, while domestic institutions offset that by aggressively buying the dip.
📈 4. FII Index Futures Activity – 22 July
Contract Type
Number of Contracts
Approx. Value (₹ Cr)
Longs
8,437
~1,616
Shorts
12,647
~2,413
Net Position
–4,210 short
~–797 cr short bias
FIIs built a meaningful short position in index futures, highlighting caution over the near-term market trajectory.
🔍 5. Nifty July Options: OI Snapshot
High Call OI strikes: 25,200 and 25,500
High Put OI strikes: 25,000 and 24,900
Put/Call Ratio: Around 0.71, indicating slightly bullish positioning but still cautious.
Outlook: Range expected between 25,000–25,500, with possible short-covering if 25,250 breaks.
📰 6. Market Updates & Top Stories
Noteworthy withdrawals from IT stocks by foreign investors continue into July, reflecting ongoing sector caution.
The rupee ended weaker for the fifth straight day, nearing 86.4 to the US dollar, weighed by foreign fund outflows and trade deal anxieties.
Analysts remain cautious amid mixed earnings results and global policy ambiguity, with a neutral to slightly bearish tone until fresh catalysts surface.
🏛️ 7. US Market Watch – Economic Events Tonight
US PMI for manufacturing and services will be released, likely to impact sentiment on global growth.
Any Fed commentary, even in passing, will be scrutinized for clues on future rate steps ahead of the next Fed decision.
🧭 8. Domestic Earnings – Today’s Highlights
United Breweries and Colgate-Palmolive India are scheduled to report Q1 results.
Market participants will focus on margins and volume trends in consumer discretionary stocks.
📌 9. Summary & Trading Strategy
Area
Viewpoint
Start Bias
Neutral to mildly positive
Support Levels
25,000 and 24,900—watch for buying dips
Resistance Levels
25,250 / 25,400—breakouts may guide upside
FII Behavior
Still bearish in futures, but cash selling fading
DII Role
Strong buffer, sustaining overall stability
Global Triggers
US PMIs + Fed commentary this evening
Domestic Cues
Mixed from rupee weakness and sector flows
🎯 Suggested Trade Plans
Buy dips in the 25,000–25,050 zone with a tight stop below 24,900.
Aggressive traders could look for short opportunities near 25,350 if momentum fails to pick up.
Stock watchlist: United Breweries, Colgate-Palmolive for earnings action, plus banking names for any spillover from macro trends.
