📊 Nifty & Sensex Today: Pre-Market Report (8 August 2025)
Updated: 8 August 2025 | Author: News-Network.in
🌏 Global Market Overview
Asian markets are trading mixed this morning as investors await key US inflation data later this week. The SGX Nifty is currently trading +45 points higher at 25,180, indicating a positive start for Dalal Street. Wall Street ended slightly higher on Thursday, with the Dow Jones up by 0.25%, S&P 500 by 0.18%, and Nasdaq gaining 0.15%.
📈 Global Indices (7 August 2025 Closing)
- Dow Jones: 41,250 (+0.25%)
- S&P 500: 5,640 (+0.18%)
- Nasdaq: 18,450 (+0.15%)
- FTSE 100: 7,900 (-0.12%)
- Nikkei 225: 40,150 (+0.30%)
📊 SGX Nifty Update
The SGX Nifty is indicating a gap-up opening today, supported by gains in global equities. However, volatility may increase during the session as traders adjust positions ahead of upcoming macroeconomic announcements.
📌 Key Technical Levels
- Nifty 50 Resistance: 25,250 / 25,350
- Nifty 50 Support: 25,050 / 24,950
- Sensex Resistance: 83,500 / 83,900
- Sensex Support: 82,800 / 82,500
🔥 Stocks to Watch Today
- Reliance Industries: Gains likely on strong Q1 earnings.
- Infosys: Watch for IT sector momentum.
- HDFC Bank: Strong buying interest expected.
- Tata Steel: Positive outlook amid rising metal prices.
- Adani Ports: May see upside on operational expansion news.
💡 Expert View
Market sentiment remains cautiously optimistic as global markets show resilience. Technical charts suggest that if Nifty sustains above 25,100, we could see an intraday rally toward 25,300. However, a break below 25,000 could trigger short-term profit booking.
📅 Economic Calendar
- India: Industrial Production Data (Expected today)
- US: Inflation Data (Due Friday)
- China: Trade Balance Data (Released today)
Disclaimer: This report is for informational purposes only and not investment advice. Always consult your financial advisor before trading or investing.
❓ Frequently Asked Questions
1. What is the SGX Nifty indicating today?
SGX Nifty is trading 45 points higher, suggesting a positive start for Indian markets.
2. Which stocks should I watch today?
Reliance Industries, Infosys, HDFC Bank, Tata Steel, and Adani Ports are key stocks to watch.
3. What are the key support and resistance levels for Nifty?
Support at 25,050 and 24,950; Resistance at 25,250 and 25,350.
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