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2025-06-25 09:25:18 am | Source: Choice Broking Ltd
Quote on Pre-Market Comment 25th June 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd
Quote on Pre-Market Comment 25th June 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd

Below the Quote on Pre-Market Comment 25th June 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd

 

The benchmark Sensex and Nifty indices are expected to open on a positive note on June 25, following GIFT Nifty trends indicating a gain of 116 points for the broader index.

After a positive opening, Nifty can find support at 25,000 followed by 24,900 and 24,800. On the higher side, 25,100 can be an immediate resistance, followed by 25,200 and 25,300.

The charts of Bank Nifty indicate that it may get support at 56,200 followed by 55,900 and 55,600. If the index advances further, 56,500 would be the initial key resistance, followed by 56,800 and 57,000.

The Foreign institutional investors (FIIs) continued their selling on the second day on June 24 as they offloaded equities worth Rs 5,266 crore. On the other hand, Domestic institutional investors (DIIs) extended their buying on the second day, as they purchased equities worth Rs 5,209 crore on the same day.

INDIAVIX was negative Yesterday down by 2.88% and is currently trading at 13.6425.

Yesterday, the Indian benchmark indices opened with a strong gap-up, supported by robust buying in the first half of the session. However, some selling pressure emerged at higher levels during the latter part of the day, dragging the Nifty index lower to close slightly below the 25,050 mark—still ending on a positive note overall. On the global front, sentiments remained positive, with major global markets trading in the green. However, Foreign Institutional Investors (FIIs) turned net sellers, which weighed slightly on market momentum. From a technical perspective, immediate support for the Nifty is placed at the 25,000 level, with stronger support seen around the 24,800 zone. A breach below these levels may trigger cautious sentiment among traders. On the upside, resistance is seen at 25,100, with a crucial hurdle in the 25,200–25,300 range. Sustaining above this zone could attract fresh buying interest and lead to further gains. Given the current global backdrop and intraday volatility, traders are advised to remain cautious, avoid large overnight positions, and maintain strict stop-loss levels to manage risk effectively.

 

 

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