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Below the Quote on Closing Market Summary 14th July 2025 by Hardik Matalia, Derivative Analyst - Research at Choice Equity Broking Private Ltd 

" Indian equity markets ended on a negative note on July 14, witnessing selling pressure right from the start of the session. The Sensex declined by 247.01 points or 0.27% to settle at 82,253.46, while the Nifty slipped 67.55 points or 0.27% to close at 25,082.30. Market breadth remained weak, with 1,174 stocks advancing and 1,303 stocks declining, indicating broad-based selling across sectors.

The Nifty index witnessed selling pressure from the start of the session but managed to hold above the crucial 25,000 mark, with some buying interest emerging near this level. This helped the index recover slightly from the intraday lows, although it still closed below the 25,100 level. On the daily chart, it formed a bearish-bodied candle with a lower wick, indicating selling dominance but also highlighting some buying support at lower levels. On the downside, the 25,000 level remains a strong support; a decisive breach below this could trigger extended selling pressure, dragging the index towards the 24,700 zone. On the upside, immediate resistance is placed around 25,200, followed by a strong hurdle in the 25,350–25,500 range. Among the top gainers in the Nifty 50 were Eternal, Titan, IndusInd Bank, ONGC, and SBI Life, while Jio Financial, Tech Mahindra, Wipro, Bajaj Finance, and Asian Paints were the top losers.

The Bank Nifty index ended the session on a flat note, gaining just 10.65 points or 0.02%, and formed a Doji candlestick pattern on the daily chart. This indicates indecision in the market and reflects a potential pause or reversal in the ongoing trend after recent volatility. On the downside, immediate support is placed at the 56,500 level. A breach below this could trigger extended selling pressure, potentially dragging the index towards the crucial 56,000 zone. On the upside, immediate resistance is seen near 57,000, followed by a strong hurdle in the 57,300–57,500 range. A decisive breakout above this zone would be needed for the index to regain upward momentum. Until then, the near-term trend remains cautious.

Meanwhile, India VIX rose by 1.38% to 11.9800, indicating a slight uptick in market volatility and reflecting cautious sentiment among traders. On the derivatives front, open interest (OI) data shows the highest Call OI for Nifty at the 25,200 strike, followed by 25,300, suggesting potential resistance at higher levels. On the Put side, the highest OI is concentrated at the 25,000 strike, indicating strong immediate support. This OI setup highlights the 25,000–25,300 range as a key zone for Nifty’s next directional move.  "

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