Pre-Market Report Today: Nifty, Sensex & Bank Nifty Analysis
Date: Thursday, July 3, 2025
Get a complete pre-market outlook for the Indian stock market today. This report covers global market trends, SGX Nifty update, technical levels for Nifty, Sensex, and Bank Nifty, key stocks to watch, and expert tips for the day.
Table of Contents
Global Market Cues
Asian markets are showing mixed signals this morning as investors react to the latest US Fed minutes and economic data. Wall Street closed marginally higher yesterday, with the Dow Jones up 0.4%, S&P 500 gaining 0.5%, and Nasdaq rising by 0.6% amid optimism around easing inflation trends.
Meanwhile, European indices ended flat as traders await key economic indicators. Crude oil prices are steady, trading near $83 per barrel, while gold prices remain above $2,300 per ounce, indicating cautious investor sentiment.
SGX Nifty Trend Today
As of 7:30 AM IST, SGX Nifty is trading 35 points higher at 24,350, indicating a positive start for the Indian market. However, traders should remain cautious around resistance levels as profit booking at higher levels can’t be ruled out.
Nifty Outlook & Technical Levels
In the previous session, Nifty closed at 24,315, registering a gain of 120 points. Technically, the index has formed a bullish candle on the daily chart and continues to trade above its 20-day EMA, signaling positive momentum.
Key Levels:
Support: 24,200 – 24,100
Resistance: 24,400 – 24,500
If Nifty manages to sustain above 24,400, we may see a further rally towards the psychological level of 24,500. On the downside, any dip towards 24,100 could attract fresh buying.
Sensex Update
Sensex closed at 80,210, up by 340 points yesterday. The index is likely to open higher today in line with global trends. Blue-chip stocks like Reliance, Infosys, and ICICI Bank may remain in focus. Investors should watch out for mid-cap and small-cap stocks too, as they continue to attract strong buying interest.
Bank Nifty Trend
Bank Nifty outperformed yesterday, ending 220 points higher at 52,100. Technical indicators show that Bank Nifty is still in bullish territory, supported by strong performance from PSU banks.
Key Levels:
Support: 51,800 – 51,500
Resistance: 52,300 – 52,500
Traders can look for buying opportunities on dips near the support zone with a strict stop-loss below 51,500.
Stocks in Focus Today
- Reliance Industries: Eyes on fresh deals and retail business expansion.
- Infosys: Tech stocks may benefit from a positive Nasdaq close.
- HDFC Bank: Strong loan growth reported in quarterly updates.
- Tata Motors: Auto sector remains in an uptrend with robust sales data.
- PSU Banks: SBI, Bank of Baroda, and PNB may continue momentum.
Traders should also monitor any announcements on earnings, new deals, or global developments that could impact sentiment during the day.
Long-Term Investment Tips
While short-term traders focus on intraday levels, long-term investors should stick to golden principles for wealth creation. If you want to succeed in the stock market, do not forget to follow the 7 Golden Rules for Long-Term Investing.
Also, understanding market trends through both fundamental and technical approaches is crucial. Read our detailed guide on Fundamental vs Technical Analysis to make better investment decisions.
Conclusion
To sum up, the Indian stock market is expected to open on a positive note tracking supportive global cues and firm SGX Nifty trends. However, traders should keep an eye on key resistance levels and maintain strict stop-losses to manage risk.
Stay updated with market developments during the day and follow disciplined trading practices. For long-term wealth creation, continue to diversify your portfolio, avoid herd mentality, and stick to your financial goals.
Disclaimer: This pre-market report is for informational purposes only and not a recommendation to buy or sell. Please consult your financial advisor before making any investment decisions.
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