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Mint
25-07-2025
- Business
- Mint
Stock market today: Trade setup for Nifty 50, global markets, to Q1 results today; Eight stocks to buy or sell on Friday
Stock Market Today: The weakness in the market continues as the benchmark Nifty-50 index at 25,062.10 ended 0.63% lower on Thursday. The Bank Nifty at 57,066.05 was also down 0.25%, while the IT and Realty Index were key losers, and only a few, such as Pharma and Healthcare, stood among the gainers. The mid and small caps also ended 0.58-1.09% lower. For the short term, immediate support for the Nifty is seen at 24,882. On the upside, unless 25255 is taken out decisively, traders should take a cautious stance, said Nandish Shah - Deputy Vice President, HDFC Securities. For Bank Nifty, immediate support is seen in the 56,000–55,700 zone, as per Bajaj Broking. In summary, Thursday's session painted a cautionary picture, and strong domestic earnings from banks couldn't offset widespread disappointment in IT and continued global trade concerns. With earnings and geopolitics in focus, investors will be watching for clarity on trade deals and recovery cues from tech fundamentals,' said Vikram Kasat, Head - Advisory, PL Capital. Regarding stocks to buy today, market experts—Sumeet Bagadia, Executive Director at Choice Broking; Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi; and Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher—recommended these eight intraday stocks for today: Eternal Ltd , Fortis Healthcare Ltd., Glenmark Pharmaceuticals Ltd., Tata Chemicals Ltd., Zydus Wellness Ltd., Surya Roshni Ltd., and Welspun Living Ltd. 1. Eternal Ltd-Bagadia recommends buying ETERNAL at around ₹ 313.15, keeping Stop Loss at ₹ 302 for a target price of ₹ 336 ETERNAL is currently trading at ₹ 313.15 and has recently reached a new all-time high at 314.45, underscoring its strong bullish momentum. The stock continues to maintain an upward price structure marked by higher highs and higher lows, indicating sustained buying interest. The breakout to a new high reflects a shift in sentiment and robust demand. 2. Fortis Healthcare Ltd—Bagadia recommends buying FORTIS at around ₹ 846.55, keeping Stop Loss at ₹ 817 for a target price at ₹ 906 FORTIS is currently trading at ₹ 846.55 and is exhibiting strong signs of recovery, backed by a consistent formation of higher highs and higher lows. The stock has posted bullish candlesticks for four consecutive sessions and recently touched a fresh all-time high of ₹ 849, reflecting sustained upward momentum and the potential emergence of a long-term trend continuation. Rising volumes further reinforce the bullish sentiment, indicating heightened investor participation. 3. Glenmark Pharmaceuticals Ltd—Dongre recommends buying GLENMARK at around ₹ 2143, keeping the stop loss at ₹ 2100 for a target price of ₹ 2200 Stock has exhibited a strong, notable, continued bullish pattern, offering another promising opportunity for short-term traders. The stock is currently priced at ₹ 2143 and maintaining strong support at ₹ 2100. The technical setup indicates the potential for a price retracement towards the ₹ 2200 level. With the stock reversing from a support base and showing signs of renewed strength, entering at the current market price with a stop-loss at ₹ 2100 offers a prudent approach to capturing the anticipated upside. 4. TVS Motor Company Ltd—Dongre recommends buying TVSMOTOR at ₹ 2800, keeping the stop loss at ₹ 2760 for a target price of ₹ 2885. Stock has exhibited a strong, notable, continued bullish pattern, offering another promising opportunity for short-term traders. The stock is currently priced at ₹ 2800 and maintaining strong support at ₹ 2760. The technical setup indicates the potential for a price retracement towards the ₹ 2885 level. With the stock reversing from a support base and showing signs of renewed strength, entering at the current market price with a stop-loss at ₹ 2760 offers a prudent approach to capturing the anticipated upside. 5. Tata Chemicals Ltd—Dongre recommends buying TATACHEM at ₹ 948, keeping stop loss at ₹ 930 for a target price of ₹ 985 In the latest short-term technical analysis, the stock has shown a strong and consistent bullish trend, indicating the potential for an extended upward move. The stock is currently trading at ₹ 948 and holding above a key support level at ₹ 930. This support zone serves as a critical point for risk management. Given the bullish momentum, traders are advised to consider a buying opportunity with a stop-loss placed strategically at ₹ 930 to manage downside risk. The target for this trade is set at ₹ 985, suggesting a favorable risk-to-reward ratio and a continuation of the prevailing upward trend. 6. Zydus Wellness Ltd—Koothupalakkal recommends buying ZYDUS WELLNESS at around ₹ 2138 for a target price of ₹ 2220, keeping the stop loss at ₹ 2100 The stock with a positive candle formation on the daily chart has been in a rising trend with bias getting better, and we can anticipate a further rise with volume participation visibly looking significant. The RSI is well positioned, indicating a buy signal, and with much upside potential visible, it can carry on with the positive move further ahead. With the chart technically looking good, we suggest buying the stock for an upside target of the 2220 level, keeping the stop loss of 2100 level. 7. Surya Roshni Ltd-Koothupalakkal recommends buying SURYA ROSHNI at around ₹ 347, keeping target price of ₹ 365, and keeping a stop loss of ₹ 338 The stock with a higher bottom formation has indicated a strong spurt in the last two sessions, taking support near the important 50EMA zone at ₹ 324 levels, and with gaining strength, we can anticipate a further rise. The RSI, after correcting from the overbought zone, is currently well placed, indicating a positive trend reversal to signal a buy, and can carry on with the positive move further ahead in the coming sessions. With the chart technically looking attractive, we suggest buying the stock. 8. Welspun Living Ltd-Koothupalakkal recommends buying WELSPUN LIVING at around ₹ 141 for a target price of ₹ 152, keeping Stop loss at Rs137 The stock has been in consolidation for quite some time, with the current indication of a bullish candle with rising volume participation. This has improved the bias, and we can expect a continuation of the positive move further ahead. The RSI has indicated strength, which is currently well poised for further upward movement with much upside potential visible. With the chart technically looking good, we suggest buying the stock. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Hans India
10-07-2025
- Business
- Hans India
Sensex and Nifty open flat as market prepares for Q1 FY26 earnings season
Mumbai: The Indian benchmark indices opened flat on Thursday amid mixed global cues as selling was seen in the auto and IT sectors in the early trade. At around 9.29 am, Sensex was trading 40.96 points or 0.05 per cent down at 83,495.12 while the Nifty declined 17.70 points or 0.07 per cent at 25,458.40. Nifty Bank was up 29.50 points or 0.05 per cent at 57,243.05 in early trade. The Nifty Midcap 100 index was trading at 59,448 after adding 108.40 points or 0.18 per cent. Nifty Smallcap 100 index was at 19,057.75 after adding 50.35 points or 0.26 per cent. According to analysts, with trade and tariff news feeling more routine these days, the market is bracing for the start of earnings season. "The big banks, including JPMorgan Chase, Citigroup, and Wells Fargo, start reporting next Tuesday. As of now, analysts expect 5.8 per cent earnings growth for the S&P 500 in the second quarter," said Vikram Kasat, Head-Advisory, PL Capital. Expectations from the IT sector are limited. However, midcap IT is likely to post good results and positive commentary, said experts. "Banks, despite strong balance sheets and abundant liquidity, are struggling with low credit growth. Outperformers in the banking segment will be those who post good credit growth. In autos, M&M and Eicher have the potential to outperform," they added. Meanwhile, in the Sensex pack, Tata Steel, Axis Bank, Power Grid, Bajaj Finance, M&M, ICICI Bank and Titan were the top gainers. Whereas, Tata Motors, Infosys, Sun Pharma, Bharti Airtel, TCS, Asian Paints, NTPC and HDFC Bank were the top losers. On the institutional front, foreign institutional investors (FIIs) were net buyers of equities worth Rs 77 crore on July 9, while domestic institutional investors (DIIs) were also net buyers, investing Rs 920 crore on the same day. In the Asian markets, Hong Kong, Seoul, China and Jakarta were trading in green and only Japan was trading in red. In the last trading session, Dow Jones in the US closed at 44,458.30, up 217.54 points, or 0.49 per cent. The S&P 500 ended with a gain of 37.74 points, or 0.61 per cent at 6,263.26 and the Nasdaq closed at 20,611.34, up 192.87 points, or 0.94 per cent.
Economic Times
05-07-2025
- Business
- Economic Times
D-Street turns cautious ahead of US trade deal deadline
Indian benchmark indices snapped two consecutive weeks of gains Friday, with volatility ahead of the July 9 India-US trade deal deadline, profit booking, and regulatory action on Jane Street kept D-Street momentum subdued. ADVERTISEMENT NSE's Nifty rose 55.7 points or 0.2% to close at 25,461. BSE's Sensex rose 193.42 points or 0.23% to end at 83,432.89. Both indices have declined about 0.7% this week. "On Friday, investor sentiment was cautious amid regulatory developments and global uncertainty," said Vikram Kasat, head of advisory at PL Capital. "Sebi's interim action against US-based quant fund Jane Street weighed on broader confidence, while concerns over a possible US tariff announcement ahead of the July 9 deadline kept risk appetite muted." The US President had announced a 90-day pause on the imposition of import tariffs, and India indicated hopes to strike a trade deal before the end of this deadline. Despite this, Kasat said, the India VIX stayed near nine-month lows signalling subdued volatility. The Nifty Volatility Index or VIX- the fear gauge of the market, fell 0.6% to 12.3 levels on Friday. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
05-07-2025
- Business
- Time of India
D-Street turns cautious ahead of US trade deal deadline
Indian benchmark indices snapped two consecutive weeks of gains Friday, with volatility ahead of the July 9 India-US trade deal deadline, profit booking, and regulatory action on Jane Street kept D-Street momentum subdued. NSE's Nifty rose 55.7 points or 0.2% to close at 25,461. BSE's Sensex rose 193.42 points or 0.23% to end at 83,432.89. Both indices have declined about 0.7% this week. "On Friday, investor sentiment was cautious amid regulatory developments and global uncertainty," said Vikram Kasat, head of advisory at PL Capital. " Sebi 's interim action against US-based quant fund Jane Street weighed on broader confidence, while concerns over a possible US tariff announcement ahead of the July 9 deadline kept risk appetite muted." The US President had announced a 90-day pause on the imposition of import tariffs, and India indicated hopes to strike a trade deal before the end of this deadline. Despite this, Kasat said, the India VIX stayed near nine-month lows signalling subdued volatility. The Nifty Volatility Index or VIX- the fear gauge of the market, fell 0.6% to 12.3 levels on Friday. Live Events
Time of India
25-06-2025
- Business
- Time of India
Sensex swings over 1,000 points, closes flat
MUMBAI: Dalal Street witnessed high volatility on Tuesday as talks about a truce between Israel and Iran lifted by over 1,100 points in early trades and then indications of a breakdown of the same wiped out almost the entire gain by md-session. Tired of too many ads? go ad free now At close, the sensex was up just 158 points (0.2%) at 82,055 points as by late afternoon the ceasefire started looking fragile and unstable. On the NSE, closed 72 points up at 25,044 points. According to Vikram Kasat of PL Capital, the markets displayed mixed reactions due to geopolitical jitters with equity benchmarking closing a choppy session with contrasting cues. The marginal gains in the two leading indices indicated market's cautious tone, he said. "Tensions in West Asia resurfaced after Israel accused Iran of violating the ceasefire." The day's gains came despite a Rs 5,266 crore net outflow by foreign funds. Domestic funds were net buyers at Rs 5,210 crore, data showed.
