Daily Market Outlook — 18th July 2025
Market Recap:
NIFTY and BANKNIFTY ended lower today, reflecting weakness with a sideways to bearish bias. Both indices failed to hold key support levels amid cautious sentiment.
Reasons for Today’s Downfall:
• Weak global cues on US Fed uncertainty and geopolitical tensions.
• Profit booking seen at higher levels after recent gains.
• Financial sector weakness, especially in PSU banks, dragged BANKNIFTY.
• IT and FMCG sectors saw selling pressure.
• Rupee weakness against USD added to market nervousness.
NIFTY Levels:
• Previous Close: 24,968
• Range 1 (Buy above): 25,031
• Pivot (Wait & Watch): 25,010
• Range 2 (Sell below): 24,989
Outlook: Sideways with downside bias
BANKNIFTY Levels:
• Previous Close: 56,283
• Range 1 (Buy above): 56,454.50
• Pivot (Wait & Watch): 56,397.33
• Range 2 (Sell below): 56,340.17
Outlook: Sideways with mild correction possibility
Top Movers:
• Gainers:

















