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The stock market landscape on July 8, 2025, presented a mixed bag of signals, requiring investors to tread carefully and rely on expert analysis for informed decision-making. The Nifty-50 index commenced the week on a subdued note, concluding the day without significant movement at 25,461.30. The Bank Nifty also experienced a slight decline of 0.15%, settling at 56,949.20. Sector-wise, the IT and Metals sectors faced headwinds, emerging as the primary losers of the day. Conversely, the FMCG and Oil & Gas sectors displayed resilience, acting as key gainers amidst the prevailing market uncertainty. The broader market indices, encompassing mid- and small-cap stocks, also succumbed to the negative sentiment, registering losses ranging from 0.27% to 0.44%. This overall lack of decisive direction underscores the cautious approach adopted by investors as they navigated a complex interplay of domestic and global factors. The article highlights this cautious sentiment and emphasizes the importance of technical analysis in navigating the market. The flat closing of the Nifty 50 indicates market indecision, with no clear bullish or bearish trend dominating the day. The slight dip in Bank Nifty further corroborates this uncertainty. Sector-specific performance provides clues, suggesting a rotation of funds from IT and Metals towards FMCG and Oil & Gas. The underperformance of mid and small-caps implies risk aversion among investors who are shying away from smaller, more volatile stocks. Therefore, the initial overview provides a foundation for understanding the prevailing market conditions, setting the stage for the subsequent analysis of trade setups and individual stock recommendations. It demonstrates a market grappling with uncertainty and highlights the need for strategic stock selection based on solid technical analysis.
Rupak De, Senior Technical Analyst at LKP Securities, provided crucial insights into the potential trading range for the Nifty index on the following day. According to his analysis, a critical support level is situated at 25,400. A breach of this level, he cautioned, could trigger short-term selling pressure, potentially leading to further declines. In such a scenario, additional support levels are identified at 25,250 and 25,100, serving as potential buffers against more substantial downward movements. Conversely, on the upside, resistance is positioned at 25,500. De suggested that a decisive move above this resistance level could propel the Nifty towards 25,800, opening up opportunities for bullish traders. Bajaj Broking added their perspective on the Bank Nifty, highlighting a key support region in the 56,000–55,500 range. This information allows traders to plan their strategies according to these levels. The trade setup for the Nifty outlines clear support and resistance levels, crucial for traders to define their entry and exit points. Breaking the 25,400 support could lead to a bearish trend, while surpassing the 25,500 resistance could signal bullish momentum. Identifying additional support levels at 25,250 and 25,100 allows traders to anticipate further downward potential. For Bank Nifty, the 56,000–55,500 range is critical for understanding its potential trajectory. These insights give traders a framework for managing risk and maximizing profits. These support and resistance levels act as guideposts for traders to make informed decisions, reduce potential losses, and capitalize on favorable market movements. The importance of understanding these levels cannot be overstated for anyone actively participating in the Nifty and Bank Nifty markets.
The global context further influenced market sentiment. Concerns arose from comments made by the US Treasury Secretary regarding the potential enforcement of tariffs, starting August 1, 2025, on countries that had not yet finalized trade agreements with the US administration. These comments introduced an element of uncertainty into the global trade outlook, impacting investor confidence and contributing to the cautious mood prevailing in the Indian equity markets. However, amid these concerns, Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services Ltd, offered a more optimistic perspective. He acknowledged that the market might remain range-bound in the near term due to global trade developments. However, he emphasized that improving earnings visibility and strong sectoral performance could provide support for selective outperformance as the Q1 earnings season unfolded. This suggests that while the broader market might experience consolidation, specific stocks and sectors with positive fundamentals could still offer attractive investment opportunities. The comments from the US Treasury Secretary highlights the impact of international trade policies on the Indian market. The potential imposition of tariffs introduces uncertainty and may lead to increased volatility. The perspective from Siddhartha Khemka balances the negative global outlook by emphasizing the potential for selective outperformance based on strong earnings and sectoral growth. This suggests a need for investors to focus on individual company performance rather than solely relying on broad market trends. Improving earnings visibility and strong sectoral performance can act as catalysts for stock-specific growth. This nuanced perspective highlights the importance of fundamental analysis in identifying opportunities amidst global uncertainties.
Beyond the broader market analysis, the article featured specific stock recommendations from a panel of market experts. Sumeet Bagadia, Executive Director at Choice Broking, recommended Kingfa Science & Technology (India) Ltd. (KINGFA) and Akzo Nobel India Ltd. (AKZOINDIA). Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, suggested Tata Steel Ltd., Exide Industries Ltd., and Life Insurance Corporation of India (LIC). Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, recommended Varun Beverages Ltd., Tribhovandas Bhimji Zaveri Ltd. (TBZ), and Motherson Sumi Wiring India Ltd. For each stock, the experts provided specific entry points, stop-loss levels, and target prices, offering actionable insights for potential trades. Sumeet Bagadia recommended Kingfa Science & Technology (India) Ltd. and Akzo Nobel India Ltd., presenting detailed rationales based on technical breakouts and bullish signals. Ganesh Dongre highlighted Tata Steel Ltd., Exide Industries Ltd., and Life Insurance Corporation of India, citing continued bullish patterns and support levels as reasons for the recommendations. Shiju Koothupalakkal focused on Varun Beverages Ltd., Tribhovandas Bhimji Zaveri Ltd., and Motherson Sumi Wiring India Ltd., pointing to bullish candle formations and positive trend reversals as indicators of potential upside. These individual stock recommendations, backed by technical analysis and specific trading parameters, offer investors a practical roadmap for navigating the market and capitalizing on potential opportunities.
Sumeet Bagadia’s stock selections, KINGFA and AKZOINDIA, were based on strong technical signals. KINGFA, trading around ₹3637.2, registered a sharp upward movement, breaking out above a short-term consolidation range. Bagadia recommends buying KINGFA around ₹3637.2, with a stop-loss at ₹3515 and a target price of ₹3888. He noted that the stock witnessed a decisive breakout, signaling a continuation of its uptrend after a healthy correction. AKZOINDIA, trading around ₹3609, also experienced a powerful bullish breakout with significant volume expansion. Bagadia recommended buying AKZOINDIA around ₹3609, with a stop-loss at ₹3480 and a target price of ₹3850. He highlighted that the stock surged with robust buying interest, confirming a breakout from the recent consolidation range and forming a strong bullish pattern on the daily chart. Ganesh Dongre’s recommendations centered on Tata Steel Ltd., Exide Industries Ltd., and Life Insurance Corporation of India, all of which exhibited strong bullish patterns. For Tata Steel, trading around ₹162, Dongre recommended buying at this level, keeping the stop-loss at ₹158 with a target price of ₹170. He noted that the stock has demonstrated a consistent bullish trend and is maintaining strong support at ₹158. For Exide Industries, priced at ₹386, Dongre suggested buying around ₹386, placing the stop-loss at ₹380 and targeting ₹395. He cited the continued bullish pattern and support at ₹380 as key reasons for the recommendation. For Life Insurance Corporation of India, trading at ₹945, Dongre recommended buying around ₹945, with a stop-loss at ₹932 and a target price of ₹965, pointing to a strong and consistent bullish trend with a key support level at ₹942.
Shiju Koothupalakkal’s intraday stock picks included Varun Beverages Ltd., Tribhovandas Bhimji Zaveri Ltd., and Motherson Sumi Wiring India Ltd., all showing positive technical formations. Varun Beverages, priced at ₹464, was recommended for purchase around this level, targeting ₹484 with a stop-loss at ₹454. Koothupalakkal cited a bullish candle formation on the daily chart with notable volume participation and a positive trend reversal indicated by the RSI. Tribhovandas Bhimji Zaveri (TBZ), trading at ₹198.65, was recommended for buying at this level, targeting ₹210 with a stop-loss at ₹195. He noted a gradual improvement in the stock over the last two sessions with positive candle formations and a rising RSI. Motherson Sumi Wiring India Ltd., priced at ₹62.05, was recommended for purchase around this level, targeting ₹65 with a stop-loss at ₹60.50. He pointed to a strong uptrend visible on the daily chart with a bullish candle formation and a well-positioned RSI indicating a positive trend reversal. In summary, the article provided a comprehensive overview of the stock market on July 8, 2025, encompassing broad market trends, sector-specific performance, global influences, and specific stock recommendations from market experts. The analysis combined technical and fundamental perspectives, offering investors a balanced approach to navigating the market and identifying potential opportunities. The article serves as a valuable resource for investors seeking to make informed decisions in a dynamic and uncertain market environment. The importance of stop-loss levels in these recommendations helps investors to manage risk. Technical indicators such as breakout, volume, RSI, and EMA are being used to validate those recommendations.