Informist, Friday, Jul. 25, 2025 Tel +91 (22) 6985-4000

Equity Alert: Indices seen in range; Nifty 50 near crucial support of 25000

MUMBAI--0809 IST--Benchmark indices are likely to stay in range after a positive start Friday, with stock-specific movements expected to take place. Analysts do not expect a free-trade agreement between India and the UK to have a major impact in the market as it has already been priced in. The Nifty 50 is likely to move in a range of 25000-25250 points. The market will now eye the earnings of Bajaj Finserv, Shriram Finance, and Cipla, due later in the day

Investors would also be eyeing if the 50-stock index could sustain above its crucial support of 25000 points as analysts expect the index to fall further if it falls below the level. Futures data Thursday also highlighted the same as traders bought out-of-the-money put options above the 24300 strike prices with the highest open interest addition at the 24800 strike price.

The July contract of the GIFT Nifty indicated a flat to positive start for the Nifty 50. At 0759 IST, the contract was at 24991.50 points on the NSE, up 23.50 points from its previous close. On Thursday, the Nifty 50 had closed at 25062.10 points, down 157.80 points or 0.6%. The BSE Sensex had ended at 82184.17 points, down 542.47 points or 0.7%.

Overnight, indices in the US ended mixed with the S&P 500 and the Nasdaq Composite closing the session at record highs as robust earnings by Alphabet buoyed other heavyweight technology stocks. Most Asian indices were lower in early trade Friday as uncertainty over interest-rate cuts by the Federal Reserve curbed risk appetite. (Akash Mandal)

Equity Alert: S&P 500, Nasdaq end at record highs Thu; Tesla result a dismay

MUMBAI--0745 IST--The S&P 500 and Nasdaq Composite closed at record highs Thursday on gains in blue-chip technology stocks. However, the Dow Jones Industrial Average closed lower. With the Apr-Jun earnings in full swing, investors continue to gauge the performance of these companies and see whether the US president-induced tariffs seeped into the businesses. Tesla fell sharply as its results failed to enthuse the Wall Street.

"Investors are feeling optimistic about trade negotiations, about the economy, the trend in inflation, as well as the better-than-expected Q2 (Apr-Jun) earnings reports," Sam Stovall, chief investment strategist at CFRA Research, was quoted as saying by Reuters. The recent trade deal between the US and Japan indicates the US is willing to settle with import duties near to 15% or some more with other countries which are currently under negotiation. There were also reports that the US and European Union are close to a trade deal similar to that with Japan.

The S&P 500 closed 0.1% higher at 6363.35 points and the technology-heavy Nasdaq gained 0.2% to close at 21057.96 points, notching their respective historic closing highs. The Dow Jones Industrial Average closed at 44693.91 points, down 0.7%.

On the earnings front, Alphabet rose 1% as its results boosted confidence that heavy investment in a race to dominate artificial intelligence technology is paying off. Shares of Microsoft, Nvidia, and Amazon were each over 1% higher. Meanwhile, Tesla plunged 8.2?ter Chief Executive Officer Elon Musk warned of a "few rough quarters" as the US government cut support for electric vehicle makers, Reuters reported.

Market participants also kept an eye on US President Donald Trump's planned visit to the Federal Reserve's headquarters on Thursday, after months of the president criticising Fed Chair Jerome Powell for interest rates that the president sees as too high. While the Fed is widely expected to keep the rates steady at next week's meeting, traders see a 60% chance of a rate cut in September, CME's FedWatch tool showed.

Following are the closing levels of US indices Thursday:

(Gopika Balasubramanium)

End

US$1 = INR 86.40

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Edited by Tanima Banerjee

All prices from National Stock Exchange, unless otherwise specified.

All percentage changes for share prices are rounded off to the nearest whole number; percentage changes for index values are rounded off to one decimal place.

All times are Indian Standard Time.

NSE: National Stock Exchange

NYSE: New York Stock Exchange

NYMEX: New York Mercantile Exchange

SEBI: Securities and Exchange Board of India

RBI: Reserve Bank of India

Internet links:

Securities and Exchange Board of India - http://www.sebi.gov.in

Bombay Stock Exchange - http://www.bseindia.com

National Stock Exchange of India - http://www.nseindia.com

Directory of Indian government websites - http://goidirectory.nic.in

Indian Ministry of Finance - http://www.finmin.nic.in

Reserve Bank of India - http://rbi.org.in

Controller General of Accounts, Government of India - http://www.cga.nic.in

Government's Press Information Bureau - http://www.pib.nic.in

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

© Informist Media Pvt. Ltd. 2025. All rights reserved.