Daily Market Update - 09/07/2025

On July 8, Indian equity markets ended higher, with Nifty 50 closing at ₹25,522.50 (+0.24%), Sensex at ₹83,712.51 (+0.32%), and Bank Nifty leading with a strong gain of ₹57,256.30 (+0.54%). India VIX dropped by 2.95% to 12.19, reflecting improved short-term stability. Meanwhile, GIFT Nifty opened weak today (July 9), down 0.10% at ₹25,578.50, hinting at a cautious start. On the global front (as of July 9), the Dow Jones trades at $44,203.32 (-0.08%), Nasdaq is marginally up at $20,418.46 (+0.03%), and the S&P 500 remains flat at $6,225.52 (-0.07%), reflecting mixed global cues. In the derivatives space,

remains in the F&O ban list. On the technical front, Nifty is hovering around the key resistance zone of 25,523–25,550; a sustained move above this range may lead to a short-term rally toward 25,600–25,649. However, with RSI near overbought levels, any failure to hold above 25,438 could prompt mild profit booking toward 25,370–25,335. The broader structure stays bullish, but traders are advised to stay selective and watch for confirmation. Follow me for more such updates, Thank You! Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.