Stock Market Today: According to experts, the Nifty-50’s immediate support is currently located in the 24900–24850 zone, where the 50-day EMA is situated.
Stock Market Today: Due to global concerns over tariff discussions and prudence at the beginning of earnings season, the benchmark Nifty-50 index concluded the week ending July 11, 2025, 1.3% lower at 25,149.85. Additionally, the Bank Nifty closed 0.5% lower at 56,754.70. With the exception of FMCG, the majority of industries saw losses, with auto IT metals being the biggest losers. Additionally, broader markets had a fall of more than 1% in the close.
Monday’s Trade Setup :
The 50-day EMA is currently positioned in the 24900–24850 zone,which provides immediate support for the Nifty-50.According to Sudeep Shah,Deputy Vice President,Head of Technical and Derivative Research,SBI Securities,a zone above 25300–25350 is necessary for bulls to recover control in the near term,while a break below 24850 might move the index toward the next support at 24550.
According to Shah,the 56200–56300 range will provide immediate support for the Bank Nifty.
Today’s world markets and Q1 findings :
The earnings season will be the main focus going forward, with the publication of results from a number of companies,including HCL Tech,Tech Mahindra,Axis Bank,ICICI Bank,Wipro,JSW Steel,L&T Finance,and HDFC Bank.
Participants will keep a careful eye on the WPI and CPI inflation figures, which are set for release on July 14, in order to get additional indications about the state of the economy. In addition to this, traders will continue to monitor changes in crude oil prices and the direction of FII flows, according to Ajit Mishra, SVP, Research, Religare Broking Ltd.
According to Mishra, markets around the world will be watching for any developments on trade talks and tariffs as well as important economic data releases including China’s GDP figures and U.S. inflation.
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