πMarket Recap of July 1-2025
The Indian Markets ended the day on a positive note:
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Nifty 50 closed at 25541.80, up by 25 points.
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Bank Nifty closed at 57459.45, up by 147 points.
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Strength was visible in Banking Sector, while IT Sector came under pressure.
Selling pressure was seen in IT and SMALLCAP and MIDCAP
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FIIs were net sellers worth ₹1970 crores
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DIIs supported the market with ₹771 crore in net buying
The market remains in a consolidation zone with limited momentum on either side.
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Nifty Support: 25,500 / 25,400
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Nifty Resistance: 25,600 / 25,700
A breakout above 25,600 could lead to a sharp up-move, while any fall below 25,500 may trigger a quick correction.
π Global & Domestic Triggers to Watch
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US markets are positive and Asian cues mildly negative
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Crude prices are up, around 65.5$/barrel
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No major domestic data releases, but watch out for weekly options expiry build-up
π Prediction & Strategy for July 2
The market is likely to open flat-to-positive, but momentum will depend on mid-day sectoral flows.
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View: Mildly bullish with caution
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Trade Idea: Buy on dips near 25,400 with a tight stop-loss
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Watchlist Stocks: HDFC Bank, Reliance, Jio Finance
The bulls have a slight edge — but only if they can break through resistance with volume. Traders should stay nimble and avoid chasing gaps.
Risk Management is key with expiry nearing and volatility expected.
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