Pre Market 31 July 2025: Nifty Eyes 25,000; Metals & PSU Banks in Focus
By CapitalKeeper | Pre Market Opening | Indian Equities | Market Moves That Matter
Indian stock market pre-market analysis for 31 July 2025: Nifty near 25,000, metals and PSU banks poised to rally, key stocks like Tata Steel, GHCL, Canara Bank, and NTPC on radar.
Pre-Market Analysis 31 July 2025: Nifty Eyes Stability Amid Global Volatility
Market Snapshot (Previous Close)
- Nifty 50: 24,855.05
- Bank Nifty: 56,150.70
- Sensex: 81,481.86
- Fin Nifty: 26,703.50
Gift Nifty: Indicating mild nagetive bias, reflecting cautious optimism after overnight US market swings and mixed Asian cues.
Global Cues
- US Markets: Dow and Nasdaq closed mixed as investors awaited fresh inflation data; tech stocks showed resilience.
- Crude Oil: Stable near $82/barrel; supply concerns balanced by weak demand data.
- Dollar Index: Slightly stronger, but INR steady around 83.15/USD.
- Asian Markets: Mixed opening with Nikkei down, Hang Seng up; China stimulus hopes supportive.
Sector-Wise Outlook
Likely Bullish Today
- Metals: Tata Steel showing strong support; expected rally toward 170–185+.
- Power & Energy: NTPC active; focus on derivatives action and defensive buying.
- Banks: CANBK options heating up, private banks consolidating near support zones.
Mixed Trends
- FMCG & Auto could see profit booking at higher levels.
- IT remains range-bound; watch for US tech earnings impact.
Stock Ideas for 31 July 2025
Tata Steel (CMP 161.80)
- Support Zone: 158–155
- Target: 170–185+
- View: Buy on dips; metals sector leadership likely to continue.
GHCL (CMP 630)
- Buy: At CMP
- Target: 675–690
- SL: 605
- View: Momentum build-up; high delivery volumes seen.
Canara Bank (CMP 108)
- Options Play: August 120 CE @ 0.60 & 110 CE @ 3
- Target (Cash): 116 short-term; 125 on sustained breakout.
Grasim (CMP 2757)
- August 2800 CE: CMP 57; accumulate near 40–45; SL 30.
- View: Positional, high beta play post results buzz.
NTPC (CMP 339.5)
- August 335 PE: CMP 5; SL above 345
- Target: 322–315 (hedge strategy).
Technical Levels to Watch
Nifty 50
- Supports: 24,800 / 24,720 / 24,650
- Resistance: 24,920 / 25,050
- Bias: Positive above 24,900; weak below 24,750.
Bank Nifty
- Supports: 55,900 / 55,650
- Resistance: 56,450 / 56,750
- Bias: Buy dips if holds 56,000; potential breakout above 56,450.
FII & Sentiment Data
- FII Positioning: Index longs at ~29%, slightly up from previous session.
- India VIX: Hovering near 11.3 (record low), indicating complacency – sharp moves possible ahead.
- PCR (Put-Call Ratio): 0.82 – slightly oversold, hinting at bounce probability.
Key Trigger
- Jio Financial’s board meeting on 30 July regarding fund raising – heavy volatility expected in BFSI space today.
“Metals roar, PSU banks stir, and all eyes on Reliance-led Nifty surge – will 25,000 finally give way?”
📌 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