Pre-Market Update - July 25th
Nifty / Bank Nifty, Stocks In News

Nifty 1 Hr Timeframe Analysis

Nifty closed at 19672.35(-0.37%). Nifty was rejected from the upper channel trendline as described in the last blog.

As Nifty traded below gapped down zone and 19650 zone can work as support on the downside while 19856 may work as resistance on the upside.

Bank Nifty 1 Hr Timeframe Analysis

 Bank Nifty closed at 45923.05(-0.33%). BN reacted from the resistance of 46253 as described in yesterday's blog.

 BN may face resistance at the zone of 46253 on the upside while 45902 may work as a support level on the downside.

Stocks in News

• Paisalo Digital Ltd consolidated Q1FY24 PAT jumps to Rs. 38.40 crores
• Satin Creditcare Network Ltd welcomes Mr. Bhuvnesh Khanna as President of Satin Finserv Ltd
• Indraprastha Gas Ltd Q1 FY2024 consolidated PAT increases to Rs. 521.99 crores
• EQUIPPP Social Impact Technologies Ltd enters into JV agreement with Seneca Global IT Services Pvt Ltd

Sector Heat Map 

Heatmap from Trendlyne website

Analysis by
Dixit from MT Team
Equity Research Analyst (Technical & Fundamental). Experienced Index Analyst.