Nifty is seen treading water as bulls seen unimpressed by strong overnight gains at Wall Street in overnight trade.
Nifty (-93, 25383)
Sensex (-301, 83235)
Bank Nifty (-68, 57148)
Nifty (CMP: 25383)
SUPPORT: 25221/25001
RESISTANCE: 25670/26277
TRADING RANGE (25300-24550)
SECTOR GAINER:
Nifty RETAIL (+0.38%)
SECTOR LOSER:
NIFTY PHARMA (-0.93%)
NIFTY IT (-0.83%)
NIFTY INFRA (-0.49%)
Top Index Gainers:
MARUTI (+0.71%)
INDUSIND BANK (+0.68%)
ULTRATECH CEMENT (+0.62%)
JIO FINANCIAL (+0.55%)
AXIS BANK (+0.51%)
Top Index Losers:
BHARTI AIRTEL (-1.69%)
TECH MAHINDRA (-1.32%)
CIPLA (-1.19%)
COAL INDIA (-1.18%)
SUN PHARMA (-1.13%)
KEY THEMES FOR THE DAY:
1) A little bit feeling of anxiousness and nervousness seen ahead of news of US-India tariff deal.
2) Stock markets across the globe are trading with caution after US President Donald Trump insisted on the bulk of US trading partners will actually kick in on August 1.
3) Our call of the day suggests that tariff volatility is likely to keep investors on the sidelines and the negative takeaway is that there is no end in sight for tariff uncertainties.
4) India VIX trades sluggish near the 12.10 levels.
5) Bank Nifty (-0.09%) inches a tad lower, indicating desired consolidation to be the preferred theme for the day.
Bank Nifty’s fresh all-time-high is at 57628.40 mark.
6) Nifty’s biggest support is placed at 25221 mark. Confirmation of strength only above 25670 mark.
7) ‘Fed Minutes from the June 17-18 FOMC Meeting Minutes point to lower inflation ahead’
8) TCS officially sets afire the ceremonial starters pistol for Q1 earning season on July 10th after market hours. TCS press conference is likely at 5:30 pm
TCS officially sets afire the ceremonial starters pistol for Q1 earning season on July 10th after market hours.
TCS press conference is likely at 5:30 pm
11:30 AM GLOBAL UPDATE:
Dow Futures: (-87, 44373)
Nasdaq 100 Futures (-53, 22812)
Nikkei (-285, 39545)
Hang Seng (+81, 23972)
Dollar Index (+0.11%, 97.37)
WTI OIL (-0.03%, 68.36)
Gold (+9, 3322)
Securities in Ban for Trade Date: Thursday, July 10th 2025
RBL BANK
HINDUSTAN COPPER
STOCKS IN SPOTLIGHT:
1) Emcure Pharmaceuticals (+1.29%) advanced after the U.S. Food and Drug Administration (USFDA) conducted a pre-approval inspection (PAI) at its manufacturing facility (Oncology) located at G.I.D.C., Sanand, Ahmedabad, Gujarat.
2) Orient Technologies shed 0.59% after the company announced that it has received a purchase order worth Rs 29.86 crore from Protean eGov Technologies for the procurement, setup, and support of AWS infrastructure.
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