📊 Daily Market Insight – July 8, 2025
By Angeeras Securities Research Desk
🔗 Explore our financial services
Indian equity benchmarks extended gains for a second consecutive session on Tuesday, supported by banking heavyweights and favorable global cues. The Nifty 50 advanced 61.20 points to close at 25,522.50, while the BSE Sensex gained 270.01 points to settle at 83,712.51. Buying interest picked up during the final hour, driven by a rally in Kotak Mahindra Bank, HDFC Bank, and ICICI Bank.
Despite the headline gains, market sentiment remained cautiously optimistic amid lack of formal clarity on geopolitical developments. Nifty futures and Bank Nifty futures both recorded below-average volumes, indicating restrained participation.
🗞️ Stocks in Focus
Mahindra & Mahindra: June sales rose 14% year-on-year, while vehicle production jumped 20% to 83,435 units, including 23,255 commercial vehicles. Exports rose modestly by 1%.
Titan Company: Q1 consumer business grew 20% YoY. The jewellery segment saw 18% growth, but overall sales underwhelmed; the stock came under pressure.
Tata Motors (JLR): Q1 retail sales dropped 15.1% YoY. However, premium models like Range Rover and Defender contributed over 77% of the volume, indicating improved product mix.
Macrotech Developers: Q1 pre-sales climbed 10% to ₹4,450 crore, with collections rising 7%.
Kotak Mahindra Bank: Strong quarter with advances and deposits both rising over 14% YoY. CASA deposits also saw a healthy 8% increase.
🌐 Global Influence
Investor sentiment received a moderate boost as U.S. President Donald Trump postponed new tariffs until August 1, with expectations of a near-term India–U.S. trade deal. However, fresh duties on multiple other nations kept global caution intact.
Indian textile stocks saw renewed traction following the U.S. move to impose a 35% tariff on garment imports from Bangladesh—potentially boosting India’s export competitiveness.
📈 Sectoral Trends
Nifty Realty emerged as the top-performing sector, gaining 0.99%, with support from technical rebounds near key moving averages. Nifty Pharma was the biggest laggard, down 0.89%, amid pricing pressure concerns in the U.S. market. FMCG stocks held steady, while broking and exchange stocks like BSE, CDSL, and Angel One faced selling pressure post-SEBI’s action on Jane Street’s derivatives activities.
Top Contributors to Nifty’s Gains:
Kotak Mahindra Bank: +30.74 points HDFC Bank: +17.21 points ICICI Bank: +12.28 points
Top Draggers:
Titan: −26.28 points Axis Bank: −7.18 points Bajaj Auto: −4.52 points
📊 Market Breadth & Internals
Despite the index gains, the underlying market remained weak:
Out of 3,024 stocks traded on the NSE: 1,352 advanced 1,564 declined 108 remained unchanged
Other indicators:
56 stocks touched 52-week highs 40 stocks hit 52-week lows 86 stocks hit upper circuits 62 were locked in lower circuits
🗓️ Global Economic Calendar – Upcoming Events
United States
Tuesday: CPI (Consumer Price Index) Wednesday: MBA Mortgage Applications, PPI, Industrial & Manufacturing Production, Capacity Utilization Thursday: Retail Sales, Initial Jobless Claims, Philadelphia Fed Business Outlook Friday: Housing Starts, 1-Year and 5–10-Year Inflation Expectations
Europe
Wednesday: UK CPI and RPI Thursday: UK Unemployment Rate Friday: Germany PPI
China
Tuesday: GDP, Retail Sales, Industrial Production Friday: CPI
Japan
Monday: Core Machinery Orders, Industrial Production, Capacity Utilization
India
Tuesday: Exports, Imports, Unemployment Rate Friday: Foreign Exchange Reserves
🎥 For technical levels, watch our YouTube update
Angeeras Securities – Where insight meets integrity.
Angeeras Securities 