Market Cues for Today – July 21, 2025
Opening Snapshot:
Gift Nifty: Down 30 points at open
Nifty: Closed below 25,000 on Friday — now at a crucial support level
Can earnings from Reliance, HDFC Bank, and ICICI Bank provide market support?
Global Cues — Wall Street (Friday's Close):
Dow Jones: -0.32% | S&P 500: -0.01% | Nasdaq: +0.05%
Focus on trade deals and key corporate earnings
86% of S&P 500 companies reporting so far have exceeded estimates
Indian Markets Recap:
Nifty declined for the third consecutive week
IT and Banking stocks led the market lower last week
Broader markets witnessed sharp corrections on Friday
Cash Market Flows (Friday):
Foreign Institutional Investors (FII): +₹375 Cr (Net Buying)
Domestic Institutional Investors (DII): +₹2,103 Cr (Net Buying)
F&O Data Highlights:
FIIs sold ₹2,395 Cr in index futures
Added ~10,000 short positions; unwound ~2,300 long positions in index futures
FII Net Long Exposure: Down to 15%, with short positions at 85%
Nifty Options Data:
Key Resistance: 25,150 – 25,200
Key Support: 24,850 – 24,900
Stocks in Focus: