Daily Nifty Moves Report
By surestox.co.in & asisview.com | July 28, 2025
Broader Market Sentiment
The Indian stock market closed lower for the third straight session on July 28, 2025, amid heavy selling in banking and IT sectors due to disappointing Q1 earnings from companies like Kotak Mahindra Bank and TCS. The market was further weighed down by sustained FII outflows, uncertainties around a delayed mini trade deal with the US under potential Trump tariffs, and weaker-than-expected June industrial output growth of 1.5% YoY. Broader indices like midcaps and smallcaps fell around 1%, with total market cap erosion exceeding ₹13 lakh crore over three days. However, defensive sectors like pharma and FMCG offered some resilience.
Commentary: This bearish trend reflects heightened caution; investors should monitor global cues and upcoming Fed decisions, as prolonged FII selling could extend the correction, though domestic liquidity may provide a floor.
India’s Fear & Greed Index: (July 13–18, 2025)
The India VIX surged 7% to a three-week high, closing around 12.84, signaling increased volatility and moderate fear in the market. The MM India Fear & Greed Index leans towards pessimism due to local factors like weak earnings and trade uncertainties, while the global CNN Fear & Greed Index at 74 indicates “greed.” The Nifty’s RSI at approximately 36.73 underscores bearish momentum.
Commentary: This rise in VIX suggests investors are bracing for more swings; extreme fear could emerge if external risks like US tariffs intensify, advising a shift to defensives for risk mitigation.
Market Data
Index Movement
| Metric | Value |
|---|---|
| Open | 24,782.45 |
| High | 24,889.20 |
| Low | 25,000 |
| Close | 24,600 |
| Change | -0.63% |
Top 5 World Exchanges
| Index/Exchange | Close | Change(%) |
|---|---|---|
| Dow Jones | 44,901.9 | +0.47 |
| Nasdaq | 21,108.3 | +0.24 |
| FTSE 100 | 8,450.00 | -0.10 |
| Nikkei 225 | 42,000.0 | +0.5 |
| ShanghaiComposite | 3,550.0 | -0.10 |
FII and DII data
| Net Equity (₹ Cr) | Net Debt (₹ Cr) | Total (₹ Cr) | |
|---|---|---|---|
| FII | ₹ -2,000.10 | ₹ 0 | ₹ -2000.10 |
| DII | ₹ 1,500.50 | ₹ 0 | ₹ 1,500.50 |
FIIs continued heavy selling, with net outflows estimated over ₹2,000 crore in equities on July 28, driven by global risk aversion and profit-booking ahead of US policy shifts. DIIs countered with net buys around ₹1,500 crore, absorbing some pressure. Recent data shows FII net sell of ₹1,979.96 crore on July 25, with DII buys at ₹2,138.59 crore, indicating a similar trend.
Commentary: The FII-DII divergence highlights domestic strength but exposes vulnerability to foreign flows; if FII exits persist amid trade fears, it could deepen the market correction, though DII support may limit downside.
Heat Map of the 7 Core Sectors
Financial Services
-0.85%
Consumer Goods
+0.3%
Oil and Gas
-0.8%
IT
-0.7%
Healthcare
+0.5%
Automobile
-0.3%
Metals
-1.2%
Tomorrow’s Watch Outs
Key events to watch on July 25, 2025:
- Earnings Season: Q1 results from L&T, Bosch, Allied Blenders, Pudumjee Ind, and ~100 others; focus on infra, auto sectors.
- Ex-Dividend: Bosch and 11 others; expect price adjustments.
- Economic Data: US Merchandise Trade Balance; indirect impact via USD/INR.
- Corporate Actions: Trend reversal potential per analysts; track FPI flows, Fed rate (97% no change).
- Policy/Trade: India-UK FTA signed July 24, cabinet-approved; boosts services like accountancy, long-term positive.
- Other: Volatility from US-India trade talks; Q1 GDP previews ahead.
Commentary: July 29 could be pivotal with earnings driving sector moves and FTA details lifting sentiment; positive surprises may spark rebound, but trade risks warrant hedging
