Pre‑Market Report Today: Nifty & Sensex Outlook (27 June)
Date: 27 June 2025 | Time: Pre‑Market (Before 9 AM IST)
🌐 Global & Overseas Cues
The global markets began the day on a mixed yet cautiously upbeat tone. Wall Street closed higher as the S&P 500 and Nasdaq rallied on softened U.S. bond yields and optimism around rate cut signals 1. The U.S. dollar index remains near a 3½‑year low at ~97.4, which may support Asian equities 2.
Asian markets are trading with mild gains — Nikkei is up ~1.5%, while Hang Seng and Shanghai Composite show measured upside 3. Geopolitical calm between Israel & Iran, combined with easing crude prices, is helping risk sentiment 4.
📈 SGX Nifty Preview
GIFT/SGX Nifty indicates a positive opening, trading around 25,720–25,730, implying an expected ~170–180 point gain for the Nifty at India open 5. Analysts note bullish options flow with put-call ratio near 1.20, reinforcing optimism 6.
📊 Futures & Derivatives Flow
Futures data shows institutional-run positions skewing slightly long. FIIs net bought ~₹12,594 crore on 26 June, after three straight days of selling 7. Meanwhile, DIIs pared gains with modest sell-offs, signaling profit-taking ahead of monthly expiry. Open interest growth in Nifty and Bank Nifty suggests higher intraday volatility.
🧭 Key Technical Levels
| Index | Support Zones | Resistance Zones |
|---|---|---|
| Nifty 50 | 25,400 – 25,500 | 25,750 – 25,900 |
| Sensex | 84,000 – 84,300 | 85,200 – 85,500 |
| Bank Nifty | 54,900 – 55,200 | 56,200 – 56,500 |
Technical strategy experts say a clear breakout above 25,750 on Nifty will likely target 26,000. On the downside, 25,400 serves as a critical support around which intraday bulls defend 8.
📰 Top Stocks to Watch
- Shriram Finance & Jio Financial: Led yesterday’s gains; keep an eye for continuation momentum 9.
- Tata Steel & Adani Ports: Strong metal & infra play — expect follow-through on easing dollar 10.
- Oil & Gas names (ONGC, Reliance Energy): Crude bullishness may favor these, but watch global supply cues.
- Banking (Kotak, ICICI): Open interest flow and macros support further rallies.
- IT stocks: Likely to lag due to global tech softness; monitor on dip buying opportunities.
✅ Trading Setup & Tips
- ⏱️ Wait for 9:15–9:30 AM candle to confirm direction amid expiry volatility.
- Buy near Nifty 25,500 — target 25,750 (trail stop-loss at 25,450).
- Sell/Short near 25,800 resistance if momentum fades, stop-loss above 25,850.
- Capped volatility: expect 400–600 point swings; volatility index (India VIX) trending +1%.
- Monitor global crude, U.S. bond yields, and FII fund flows for intraday reversals.
🔚 Conclusion
Based on overseas trends, SGX Nifty, and FII buying, the Indian market looks poised to open firmly higher. Key watchpoints include breakout above 25,750 for momentum continuation, while strong support lies at 25,400. Stocks like Tata Steel, Shriram Finance, Oil & Gas, and select banks may lead the charge.
Stay tuned for our Market Close Report later today after market hours.
Labels: Pre-Market Report, Nifty Today, Sensex Outlook, SGX Nifty, June 27 Market, Intraday Strategy
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