Good Morning Early Readers!!

Gift Nifty points to a positive start as bulls take over the positive baton from strong Wall Street cues in overnight trade.

The Positive Catalyst: Investors cheer Fed-rate cut talks.

6:00 AM GLOBAL UPDATE:

GIFT Nifty: (+44, 25574)
Dow Futures: (-34, 44424)
Nasdaq 100 Futures (-16, 22849)

Nikkei (-201, 39615)
Hang Seng (CLOSED, 23892)

Dow Jones (+218, 44458)
Nasdaq Composite (+193, 20611)
Bovespa (-1822, 137481).

As on Wednesday’s close, the Nasdaq Composite gained 0.9% to 20,611, the S&P 500 was up 0.6%% at 6,263, and the Dow Jones rose 0.5% to 44,458.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

GIFT Nifty 🇮🇳: (-25, 25580)

As of recording, US-India, trade deal is yet to be out…

But, please note, Donald Trump has warned that the BRICS countries (Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates) with 10% additional tariff.

Trump has said that BRIC countries will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy.

On the face of it, the Trump administration has not appreciated BRICS Nation condemning attacks on Iran, Gaza war, and Trump’s tariffs.

Looks like the situation is heating up as the Brazilian President Lula responded to Trump’s tariff threats by saying the world does not ‘want an emperor’ who lashes out over the internet.

Long story short: The need of hour is global cooperation and the proposed tariff does not hit consumers across globe, financial markets across globe, and the global economy.

Until a favorable tariff deal is not arrived at, expect volatility, volatility and volatility to be the hallmark for Nifty and its stocks.

The biggest support to watch on Nifty is placed at 25221 mark.

Aside from Trump tariff news, this week, the spotlight will also be on other 2-catalysts:

1) The release of the FOMC minutes on July 9th
2) TCS officially sets afire the ceremonial starters pistol for Q1 earning season on July 10th.

The Gyan Mantra: Stay nimble as there could be some “whipsaw” in the near term.

Please note, Whipsaw describes a market that seems to be trending in one direction but then violently reverses course

Technically speaking, confirmation of strength is only above the 25670 mark.

Amongst stock specific action:

1) Titan’s stock price tumbled 6.17% after Q1 business update fails to impress Dalal-Street.

2) The Nifty Pharma index (-0.96%) was the biggest underperformer in a slow, steady and improving market.

3) Kotak Mahindra Bank (+3.45%) was star outperformer after the bank’s average total deposits jumped 12.9% to Rs 4,91,998 crore as of 30th June 2025 compared with Rs 4,35,603 crore as of 30th June 2024.

4) Mahindra & Mahindra inched 0.09% after the company’s total sales jumped 14.27% to 76,335 units in June 2025 compared with 66,800 units in June 2024.

5) Macrotech Developers shed 0.24% despite reporting a 10% jump in pre-sales to Rs 4,450 crore in Q1 FY26 compared with Rs 4,030 crore in Q1 FY25. Collections rose 7% YoY to Rs 2,880 crore in Q1 FY26.

Now, before we get into detail of today’s trading session, here is the preferred trade on Nifty and Bank Nifty:

Nifty (25523): Buy between 25450-25500 zone. Stop at 25171. Targets 25670/25750. Aggressive targets at 26100-26277.35 zone.

Bank Nifty (57256): Buy between 56900-57100 zone. Stop at 56011. Targets 57450/57700. Aggressive targets at 58300-58500 zone.

Our chart of the day is bullish on BDL, NTPC, and HPCL on any early intraday weakness with an interweek perspective.

The 1 Stock to Buy Now: Buy BDL (CMP 1970): Buy at CMP. Stop at 1923. Targets 2007/2023. Aggressive targets at 2097. (Interweek Strategy). Rationale: Massive breakout play on cards. The stock enjoyed strong sessions in yesterday’s session, up 1.35%. Momentum oscilitors in bullish mode. Key interweek support 1937. Major hurdles at 2097.

Disclaimer/ Disclosure: The investments & trading ideas recommended in the market analysis, research reports, etc. may not be suitable for all investors. This article or data points does not construe investment advice as stock market investments are subject to market risks so please refer to your financial consultant advice before Investing or trading. All information is a point of view, and is for educational, Learning and informational use only. The author or the group admin accepts no liability for any interpretation of articles or comments on this platform being used for actual investments. Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Investors must make their own investment decisions based on their specific investment objectives, goals and financial position only after consulting with registered market intermediaries.

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