Opening Bell 01 August 2025: Nifty, Bank Nifty Open Lower; Defensive Sectors in Focus Amid Global Uncertainty
By CapitalKeeper | Market Opening | Intraday Ideas | Market Moves That Matter
Indian markets open weak on 01 August 2025 with Nifty near 24,735 and Bank Nifty below 56,000. Key support levels, sector focus, and intraday stock picks explained.
🛎️ Opening Bell – 01 August 2025: Cautious Start for Nifty & Bank Nifty; Key Support Zones in Play
By CapitalKeeper.in | Intraday Market Analysis & Strategy
The first trading day of August 2025 began on a cautious note, with Nifty 50 and Bank Nifty opening slightly lower amid mixed global cues and ongoing foreign institutional investor (FII) selling pressure. Defensive sectors like FMCG and Pharma are likely to remain in focus as traders look for safe plays in a volatile market.
📊 Market Opening Snapshot
| Index | Previous Close | Opening Price |
|---|---|---|
| Nifty 50 | 24,768.35 | 24,734.90 |
| Bank Nifty | 55,961.15 | 55,897.15 |
| Sensex | 81,185.58 | 81,074.41 |
| Fin Nifty | 26,649.95 | 26,619.40 |
🔍 Technical Outlook – Key Levels to Watch
📈 Nifty 50 (24,734.90)
- Resistance Zone: 24,850 – 24,900
- Support Zone: 24,600 – 24,550
- Below 24,550 = fresh weakness toward 24,300
- Above 24,900 = relief rally toward 25,050 possible
🏦 Bank Nifty (55,897.15)
- Resistance Zone: 56,300 – 56,500
- Support Zone: 55,500
- Break below 55,500 may extend fall toward 55,000
- Sustaining above 56,300 could trigger short covering toward 56,700
💼 Fin Nifty (26,619.40)
- Resistance: 26,800
- Support: 26,450
- Sideways trade likely; watch for breakout above 26,800 for momentum
🌍 Global Market Cues
- US Markets: Dow, S&P closed marginally higher post Fed’s dovish commentary; NASDAQ underperformed due to tech earnings.
- Asia Today: Nikkei positive, Hang Seng mixed; China growth concerns persist.
- SGX Nifty: Indicates flat-to-negative start, mirroring domestic open.
- Crude Oil: Brent around $83.20; stable but watch sanctions impact on supply.
- USD/INR: Hovering near ₹83.48; currency stability supportive for IT exporters.
📊 Option Data & Volatility
- Nifty PCR (Put-Call Ratio): 0.72 – mildly bearish sentiment
- Bank Nifty PCR: 0.58 – weak bias persists
- India VIX: 11.80 – low volatility but prone to sudden spikes
📊 Sectoral Watch – 01 August 2025
Today’s focus sectors based on price action and sentiment:
| Sector | Bias | Commentary |
|---|---|---|
| Pharma | 🔼 Positive | Cipla, Sun Pharma may see buying as defensive play |
| FMCG | 🔼 Positive | ITC, HUL steady amid uncertain market sentiment |
| Auto | ⚖️ Mixed | Tata Motors, M&M range-bound; look for volume-based moves |
| Energy | 🔻 Weak | Reliance, ONGC under mild pressure post sanctions concerns |
| IT (Midcap) | 🔼 Bullish | KPIT, Persistent Systems continue to outperform large-caps |
| Financials/NBFCs | 🔻 Cautious | HDFC, Bajaj Finserv weak bias; focus on support levels |
🚀 Intraday Stock Picks – 01 August 2025
| Stock | CMP | Strategy | Target Range | Stop Loss |
|---|---|---|---|---|
| JSWSTEEL. | ₹1030 | Buy near ₹1025 | ₹1050 – ₹1070 | ₹1000 |
| TNPETRO | ₹101 | Buy above ₹100 | ₹140 – ₹150 | ₹89 |
| Axis Bank | ₹1,065 | Sell below ₹1,060 | ₹1,045 – ₹1,035 | ₹1,075 |
| Tata Motors | ₹653 | Buy near ₹665 | ₹800 – ₹850 | ₹635 |
| HAL | ₹4,470 | Sell below ₹4,460 | ₹4,420 – ₹4,380 | ₹4,540 |
🧭 CapitalKeeper View
- Key Trigger Today: Month-end rollover effect and cautious global cues likely to keep volatility in check.
- Watch Levels:
- Nifty support 24,550; resistance 24,900.
- Bank Nifty support 55,500; resistance 56,300.
Pro Tip: “In uncertain markets, focus on defensive sectors and quick profit booking strategies rather than positional trades.”
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