Pre Market 29 July 2025: Jio Financial Fundraising Buzz, Nifty Support-Resistance, Sector Trends
By CapitalKeeper | Pre Market Opening | Indian Equities | Market Moves That Matter
Indian stock market pre-open: Nifty at 24,680, Jio Financial fundraising triggers buzz. Key levels, sector outlook, and stock picks for 29 July 2025.
Pre Market 29 July 2025: Jio Financial’s Big Fundraising Buzz & Technical Outlook on Nifty, Bank Nifty
Nifty @ 24,680 | Bank Nifty @ 56,084 | Sensex @ 80,891 | Fin Nifty @ 26,615
Global Market Pulse
- US Markets: Dow closed slightly positive amid Fed commentary hinting at gradual policy recalibration. Nasdaq tech surge drives sentiment higher.
- Asian Markets: Mixed cues — Nikkei flat, Hang Seng gains 0.6%.
- Gift Nifty: Indicates a muted-to-positive start around 24,720, hinting at consolidation before key domestic triggers.
- Dollar Index: Stable at 103.2; Crude steady near $82 — favorable for Indian macros.
Domestic Highlights – The Big Buzz: Jio Financial Services
- Board Meet Alert: Jio Financial Services to consider fund raising on 30 July 2025.
- This could unlock aggressive expansion into lending, insurance, and payments. Expect volatility & possible breakout moves in the stock.
- Sentiment in financial services and NBFC space likely to remain high today.
Technical View: Nifty, Bank Nifty & Sensex
Nifty 50 (24,680.90)
- Support: 24,600 / 24,520
- Resistance: 24,750 / 24,900
- Futuristic Take: Sustaining above 24,750 could trigger a short-covering rally toward 25,000+. Below 24,520, expect profit-booking.
Bank Nifty (56,084.90)
- Support: 55,800 / 55,500
- Resistance: 56,400 / 56,800
- Futuristic Take: A breakout above 56,400 could open gates for 57,000. Keep an eye on PSU banks for leadership.
Sensex (80,891.02)
- Consolidating above 80,500; momentum revival likely if Nifty crosses 24,750.
Fin Nifty (26,615.20)
- Directly impacted by Jio Financial News. Watch for heavy volumes.
Sectoral Watch
Likely Outperformers
- Financial Services & NBFCs – Jio Financial ripple effect.
- Auto – Pre-festive accumulation visible; Ashok Leyland key watch.
- PSU Banks – Momentum continues with high PCR and low VIX.
Mixed Trend
- IT, Pharma – Range-bound but may support market on dips.
- Metals – Global commodity cues driving short-term volatility.
Stock Radar
- Jio Financial Services – Fundraising event trigger; accumulation possible on dips.
- Ashok Leyland (CMP 123.50) – August 120 PE @ 2; SL 126 cash, tgt 118-114 – short-term tactical play.
- HDFC Bank / Kotak Bank – Beneficiaries of positive financial services buzz.
- PSU Banks Basket – SBI, Bank of Baroda showing OI buildup.
- Reliance Industries – Consolidation; watch for 1,400 reversal zone.
Pre-Market Takeaway
This session has high viral potential with the Jio Financial mega-news dominating chatter across trading forums. Expect Twitter/X, Telegram & Instagram reels buzzing with fundraising speculations. Traders will watch 25,000 Nifty mark as a psychological level — a breakout could fuel meme-driven FOMO rally into expiry week.
📌 For daily trade setups, technical learning, and smart investing tips, stay tuned to CapitalKeeper.in
📌 For more real-time updates, trade setups, and investment insights — follow us on [Telegram] and [WhatsApp Channel] subscribe to our newsletter!
📌 Disclaimer
The content provided on CapitalKeeper.in is for informational and educational purposes only and does not constitute investment, trading, or financial advice. While we strive to present accurate and up-to-date market data and analysis, we make no warranties or representations regarding the completeness, reliability, or accuracy of the information.
Stock market investments are subject to market risks, and readers/investors are advised to conduct their own due diligence or consult a SEBI-registered financial advisor before making any investment decisions. CapitalKeeper and its authors are not liable for any loss or damage, direct or indirect, arising from the use of this information.
All views and opinions expressed are personal and do not reflect the official policy or position of any agency or organization. Past performance is not indicative of future results.By using this website, you agree to the terms of this disclaimer.
Leave a Reply