Indian Market Opens Mixed Amid Global Cues and Sector Trends
Indian Market Overview - August 5, 2025
The Indian markets started Tuesday, August 5, 2025, with a flat to slightly negative trend, influenced by global factors and specific sector performances.
Following a positive close on Monday, where the Sensex rose 419 points to 81,018 and the Nifty surpassed 24,700, the market has turned cautious today, with GIFT Nifty trading around 24,726.
- The market's rally on Monday ended a five-week losing streak.
- Investors reacted to positive signals from the US Federal Reserve, prompted by weak job reports, which increased expectations of an interest rate reduction.
- The Nifty gained 0.64% to close at 24,722.
- Bank Nifty showed minimal gains, closing flat around 55,619.
Technical Analysis and Key Levels
The market is closely watching these technical levels and levels to get the market direction.
- Immediate support for Nifty is near 24,473, which is the June low.
- Resistance for Nifty is at approximately 25,000. Breaching this range in the coming sessions will reveal the market's direction.
- The Bank Nifty needs to stay above 55,437 to potentially move towards 56,100; otherwise, a fall to 55,149 is possible.
Sectoral Performance Review
Monday witnessed varied sectoral results.
- IT and PSU banks fell by about 2%.
- Pharma stocks experienced a sell-off.
- FMCG and select blue-chip stocks like Asian Paints, Hero MotoCorp, and Nestle saw gains.
- Auto, metals, oil & gas, and realty indices declined, indicating profit-taking.
Global Market Context
Overnight, international markets were weak, as investors awaited further insight into US economic policies. This global backdrop is contributing to cautious trading in Indian equities.
The market outlook is cautiously optimistic though volatile. Investors should observe if Nifty can stay above 24,700 alongside Bank Nifty levels to gauge short-term trend stability.