Indian Market Opens Muted Amid Trade Concerns

By Mandar in Indian Market Insights —

Indian Stock Market Outlook for July 30, 2025

The Indian stock market is predicted to have a subdued start on July 30, 2025.

  • Uncertainty over US trade relations is impacting investor sentiment.
  • The anticipation of the US Federal Reserve's policy meeting, where rates are expected to remain stable, also contributes to the cautious market stance.
  • GIFT Nifty was trading slightly lower by 0.2% before the opening.

Market Performance: July 29, 2025

Yesterday, the benchmark indices recovered from a three-day losing streak.

  • The Nifty 50 closed above 24,800, increasing by 140 points (0.57%).
  • The Sensex advanced nearly 447 points (0.55%).
  • Realty, Pharma, and Oil & Gas sectors saw gains of about 1% each.

Major Gainers:

  • Jio Financial
  • Reliance Industries
  • L&T
  • Asian Paints
  • Eicher Motors

Major Losers:

  • SBI Life Insurance
  • TCS
  • Axis Bank
  • HDFC Life
  • Titan

Technical Analysis

Nifty is showing signs of a possible short-term bottom.

  • Short-covering rallies were observed.
  • The market is trading below key moving averages around 25,000.
  • A decisive move above 24,850 is critical for sustained upward movement.
  • Caution is advised if the index stays below the 25,000 psychological level, with possible volatile swings expected due to the upcoming FOMC meeting and monthly expiry.

Sector News

TSC India, a B2B travel management company, made its debut on the NSE SME platform.

  • The grey market premium suggests a positive initial listing around Rs 78.
  • The IPO was oversubscribed 73 times.
  • Strong investor interest was seen, particularly from retail and non-institutional investors.

Market Outlook and Investor Advice

Due to global uncertainties and domestic political-economic factors, the market is expected to remain range-bound.

  • Investors should monitor critical support levels around 24,600 for Nifty and 55,800 for Bank Nifty.
  • A cautious outlook is recommended.