Premarket Report for the Indian Market Today (Friday, July 25, 2025)

🌐 1. GIFT Nifty & Global Outlook

• GIFT Nifty futures are down around 110 points, signaling a gap-down start for India’s market.
• Global markets are mixed—US equities closed near record highs, driven by tech, while Asia is slightly soft.
• A major theme today: investors are digesting India-UK trade deal optimism but awaiting more clarity on U.S. negotiations.

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📊 2. Indian Equity Technicals

Index	Support	Resistance
Nifty 50	24,900 – 24,950	25,100 – 25,200
Bank Nifty	56,000	57,000 – 57,200

• Nifty likely to open between 24,900–25,000.
• A move above 25,100 could trigger short-covering; below 24,900 may test fresh selling.

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💼 3. Institutional Flow – 24 July

Segment	FII Net (₹ Cr)	DII Net (₹ Cr)
Cash	–2,134	+2,617

• FIIs remained cautious, withdrawing around ₹2,134 crore in cash markets.
• DIIs continued supporting markets with substantial purchases.

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🔁 4. FII Futures Position – 24 July

• FIIs added 1,260 net long index futures contracts, edging their positioning slightly bullish.
• Overall FII net short futures positions remain high (~₹145,000 crore equivalent), though marginally reduced.

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📈 5. July Options – OI Overview

• Put OI peaks: 25,000–24,900
• Call OI peaks: 25,100–25,200
• Put/Call Ratio (PCR): ~0.90

Interpretation:
Market range remains between 24,900 and 25,200, with leaning towards upside bias. A PCR nearing 1 suggests balanced sentiment but slight bullish tilt.

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📰 6. Key News & Stock Developments

• India-UK Free-Trade Deal signed today, paving the way for duty-free exports across textiles, autos, leather—a sentiment booster for related sectors.
• IT Sector Weakness: Falls due to global trade concerns, with Infosys slipping ~1.3% post Q1 profit, despite top-line growth.
• Q1 Earnings Highlights:
  • Nestlé India: PAT down ~13%, hit by commodity inflation.
  • Bajaj Finance: PAT up 22%, though provisions for bad loans increased.
  • Indian Bank: PAT rose 24%, aided by lower NPA provisioning.
  • Persistent Systems: Revenue +19%, reaffirmed $2B revenue goal; stock saw moderate buying.

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🌍 7. US Economic Data to Watch (Tonight)

• Existing Home Sales (June) – crucial for housing demand insight
• Flash PMIs – early signal of manufacturing/services activity
• Jobless Claims – gauge of labor market health
• Any Fed commentary may recalibrate global market sentiment.

Market response to these data points could impact risk appetite and flows into India’s market.

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📌 8. Strategy & Outlook

• Market Bias: Mildly negative-to-neutral to start, but tilt to recovery if 25,000 support holds.
• Trade Setup:
  • Buy on dips between 24,900–24,950 with tight SL below 24,850 targeting 25,100–25,200.
  • Sell/swing trade near 25,200 if broad US volatility resurfaces after data.
• Sectors in Focus:
  • Textiles, Auto, Leather: potential beneficiaries of UK trade deal.
  • Banks, NBFCs: post strong Q1 results, sensitivity to US cues.
  • IT stocks: faced weakness—may see short-term volatility.

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✅ Summary Table

Aspect	Status
Opening Bias	Slightly negative (gap-down)
Technical Range	24,900–25,200
DII Support	Healthy buying
FII Futures	Modest long additions, cautious overall
PCR & OI Structures	Balanced but slightly positive bias
Key Earnings	Infosys, Nestlé India, Bajaj Finserv, Indian Bank
Global Catalyst	UK trade deal; US home sales & PMIs