🔍Market Recap of July 2-2025
The Indian Markets ended the day on a positive note:
Nifty 50 closed at 25,453, down by 88 points.
Bank Nifty closed at 56,999, down by 460 points.
Strength was visible in IT Sector, while Banking Sector came under pressure.
Selling pressure was seen in Banking Sector, SMALLCAP and MIDCAP.
FIIs were net sellers worth ₹1561 crores
DIIs supported the market with ₹3036 crore in net buying
The market remains in a consolidation zone with limited momentum on either side.
Nifty Support: 25,400 / 25,300
Nifty Resistance: 25,500 / 25,600
A breakout above 25,600 could lead to a sharp up-move, while any fall below 25,300 may trigger a sharp downfall.
🌐 Global & Domestic Triggers to Watch
US markets are positive and Asian cues mildly negative
Crude prices are up, around 66.82$/barrel- up by 2%
No major domestic data releases, but watch out for weekly options expiry build-up
There has been profit booking today, due to which market has fallen
📈 Prediction & Strategy for July 3
The market is likely to open flat-to-positive, but momentum will depend on mid-day sectoral flows.
View: Leaning bullish with a watchful eye on potential profit-taking opportunities
Trade Idea: Buy on dips near 25,200 with a tight stop-loss
Watchlist Stocks: HDFC Bank, Reliance, Jio Finance, CDSL
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