Market Pulse: Nifty 50, Bank Nifty Predictions for July 8

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July 8, 2025
Nifty 50
+0.30 (0.01%)
25,461.30

Today's Prediction

25,300 25,650

Resistance at 25,500 could trigger profit booking. Support at 25,400 critical.

Bank Nifty
-82.70 (0.14%)
56,949.20

Today's Prediction

56,500 57,200

Gravestone Doji pattern indicates selling pressure. Break below 56,830 critical.

Finnifty
-32.85 (0.12%)
26,833.45

Today's Prediction

26,650 26,950

Trading below key moving averages. Needs close above 27,066 for reversal.

BSE Sensex
+9.61 (0.01%)
83,442.50

Today's Prediction

83,000 84,000

Holding above 83,050 support. Break above 84,000 could trigger rally.

Key Market Drivers

US-India Trade Deal

Critical announcement expected today. Deal collapse could trigger 26% US tariffs on Indian goods.

High Impact

Q1 Earnings Season

Motilal Oswal projects 14% PAT growth. IT and banking results will set market direction.

Medium Impact

Monsoon Progress

Critical for rural demand revival. Current rainfall at 92% of LPA, with 10% deficit in key regions.

Low Impact

Market Sentiment

Top Stock Picks

Apollo Hospitals
₹6,420

Digital health spin-off could unlock value. Technical breakout above ₹6,350.

Target
₹7,650
Stop Loss
₹6,200
Reliance Industries
₹3,150

Jio Financial demerger complete. Oil business showing margin expansion.

Target
₹3,450
Stop Loss
₹3,020
Titan Company
₹3,680

Festive season demand revival expected. Strong same-store sales growth.

Target
₹3,980
Stop Loss
₹3,550
INOX Wind
₹540

Beneficiary of India's 100GW wind energy target. Strong order book.

Target
₹650
Stop Loss
₹510

Disclaimer

This analysis is for informational purposes only and not investment advice. Consult a certified financial advisor before making investment decisions. Markets are subject to risks; past performance doesn't guarantee future returns.

© 2025 MarketPulse | Daily Stock Market Analysis

Data Source: NSE, BSE, Bloomberg | Updated: July 8, 2025 9:15 AM

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