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July 02, 2025

Daily Morning Report Date: 02.07.2025
NIFTY OUTLOOK: 25541.80 FII: -1970.14 cr DII: 771.08 cr
As discussed, the market behaved as expected. Nifty opened positively and touched a high of 25593 near our resistance of 25577, but failed to sustain and ended almost flat.
A doji candle on the daily chart indicates indecision in direction. However, as the previous low wasn’t broken, bulls still have hope. If Nifty crosses 25597, it may move up to 25653–25708. If demand strengthens, it could test 25763.
On the downside, Nifty remains under pressure as the earlier bearish engulfing pattern is still unresolved. A breakdown below 25486 may take it to 25430–25373. If selling intensifies, it may test 25319.
Bank Nifty OUTLOOK
SPOT: 57459.45 PCR: 1.09 Max CE OI: 56000 Max PE OI: 56000
On 1st July 2025, Bank Nifty closed at 57459.45, up 0.26% from the previous day.
The index moved 383.50 points during the session, hitting a high of 57533.85 and a low of 57150.35.
Technical View on Daily Chart:
Key support and resistance levels are 56970 and 57950, respectively.
Intraday Strategy:
Go Long above 57565 with SL 57530 and target 57670
Go Short below 57350 with SL 57390 and target 57250
RSI stands at 66.50; below 30 is oversold and above 70 is overbought.
SMA Analysis:
Bank Nifty is trading above all 8 major SMAs (5, 10, 20, 30, 50, 100, 150, 200).
No active candlestick pattern was identified.
Macros.
1.Dollar index @ 96.477
2.Vix @ 16.67
3.Brent crude @ 67.07
4.US 10 years bond @ 4.259
Note:
The impact of tariffs is beginning to reflect in the U.S. economy. Manufacturing remains weak, with new orders subdued and input costs rising, indicating that the Trump administration's tariffs are hampering business planning.
According to the Institute for Supply Management (ISM), the manufacturing PMI rose slightly to 49.0 in June from 48.5 in May — still below the 50 mark for the fourth consecutive month, signaling contraction in the sector, which contributes 10.2% to the U.S. economy.
Analysis shows that prices for goods, especially from China, are rising. The median price of over 1,400 Chinese-made products sold on Amazon U.S. rose by 2.6% between January and mid-June, outpacing the core goods inflation rate.
On the Indian front, the country is likely to finalize an interim trade agreement with the U.S. this week, according to the Financial Times.
Additionally, India’s federal cabinet has approved a Rs. 1 trillion employment-linked incentive (ELI) scheme aimed at creating nearly 35 million jobs over two years. The scheme offers up to Rs. 15,000 for first-time employees and Rs. 3,000/month for two years to employers per new employee retained for at least six months.
This initiative is expected to boost employment and stimulate business activity, supporting overall economic growth.
Contributed by
Ashok bhandari : INH000019549
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ICICI BANK : LARGE TRADE BSE
KADENSA MASTER FUND SOLD 1.26 LKH SHARES ( 0.0018 % STAKES) @ ₹ 1445.8 /SHARE
GOLDMAN SACHS (SINGAPORE) PTE-ODI BOUGHT 1.26 LKH SHARES ( 0.0018 % STAKES ) @ ₹ 1445.8 /SHARE
MaxVolt Energy ; Co. Acquires Land for Lithium Battery Recycling & 2 GWh Energy Storage Unit in Aligarh
Land Acquisition: Secured 23,524 sq. m. industrial plot in Aligarh, supported by UP MSME Department.
Phase 1 Development: A lithium battery recycling plant with 5,200 metric tons annual capacity to address battery waste and recover materials.
HDFC BANK : LARGE TRADE BSE
KADENSA MASTER FUND SOLD 0.76 LKH SHARES ( 0.0012 % STAKES) @ ₹ 2001.5 /SHARE
GOLDMAN SACHS (SINGAPORE) PTE-ODI BOUGHT 0.76 LKH SHARES ( 0.0012 % STAKES ) @ ₹ 2001.5 /SHARE
HINDUSTAN AERONAUTICS : LARGE TRADE BSE
KADENSA MASTER FUND SOLD 1.04 LKH SHARES ( 0.0157 % STAKES) @ ₹ 4869.8 /SHARE
GOLDMAN SACHS (SINGAPORE) PTE-ODI BOUGHT 1.04 LKH SHARES ( 0.0157 % STAKES ) @ ₹ 4869.8 /SHARE
Shivalic Power ; Co Secures ₹1.3 Cr Dual Orders for LT/HT Panels from Infra & Solar Firms
Total Order Value: ₹130 lakh (~₹70 lakh + ₹59.5 lakh) from two separate domestic entities.
One order from a firm in electrical, civil, and data center infra, and the other from an energy solutions provider (solar PV, gensets, firefighting).
Nature of Work: Supply and execution of LT/HT electrical panels.
Execution Timeline: Projects expected to complete by August–September 2025.
KAYNES TECHNOLOGY INDIA : LARGE TRADE BSE
KADENSA MASTER FUND SOLD 0.67 LKH SHARES ( 0.10 % STAKES) @ ₹ 6095 /SHARE
GOLDMAN SACHS (SINGAPORE) PTE-ODI BOUGHT 0.67 LKH SHARES ( 0.10 % STAKES ) @ ₹ 6095 /SHARE
RELIANCE INDUSTRIES : LARGE TRADE BSE
KADENSA MASTER FUND SOLD 7.48 LKH SHARES ( 0.0055 % STAKES) @ ₹ 1500.6 /SHARE
GOLDMAN SACHS (SINGAPORE) PTE-ODI BOUGHT 7.48 LKH SHARES ( 0.0055 % STAKES ) @ ₹ 1500.6 /SHARE
VARUN BEVERAGES : LARGE TRADE BSE
KADENSA MASTER FUND SOLD 15.25 LKH SHARES ( 0.0451 % STAKES) @ ₹ 457.55 /SHARE
GOLDMAN SACHS (SINGAPORE) PTE-ODI BOUGHT 15.25 LKH SHARES ( 0.0451 % STAKES ) @ ₹ 457.55 /SHARE
VOLTAS : LARGE TRADE BSE
KADENSA MASTER FUND SOLD 3.88 LKH SHARES ( 0.1174 % STAKES) @ ₹ 1314.1 /SHARE
GOLDMAN SACHS (SINGAPORE) PTE-ODI BOUGHT 3.88 LKH SHARES ( 0.1174 % STAKES ) @ ₹ 1314.1 /SHARE
Nuvama says
RIL has commenced selling modules externally
At premium pricing, on 10GW capacity, could add 3800cr
This is 6% of FY25 PAT
@beatthestreet10
Inventurus Knowledge
IKS Health invests in MSO with WWMG, expanding care services and operational efficiency.
@beatthestreet10
SBI classifies RCOM loan as fraud, reports ex-director to RBI; company under insolvency protection.
@beatthestreet10
RITES secured $3.6M order to supply 2 overhauled ALCO locomotives to African Rail Company.
Asian Paints
CCI orders investigation against Asian Paints based on complaint from Grasim Industries.
BCPL Railway
Indian Railways issued business ban notice despite Calcutta High Court stay order against company.
Adani Enterprises acquired 85.1% stake in Air Works India for INR 400 Cr, expanding aerospace MRO footprint.
CLN Energy progresses lithium-ion battery supply to BSNL under ₹107.91 crore contract, first phase dispatched.
AstraZeneca gets Indian approval for Durvalumab's new endometrial cancer indication.
Paras Defence to export ₹22 crore CHIMERA 200 counter-UAS systems to France's CERBAIR.
Hero launches VIDA VX2 EVOOTER electric scooter with BaaS, starting ₹59,490, 5-year warranty, 3600+ charging points.
Lloyds Metals
Q1FY26: DRI up 3%, iron ore stable at 4 mn tonnes; EC for 26 mn tonne capacity and new pellet plant operational.
ARCL Organics
Court orders asset charge release; company can raise capital for expansion and working capital.
NIBE
Received Rs. 22.66 Cr order for turret assemblies from leading Infra and Defence firm, execution by June 2026.
Zodiac JRD-MKJ acquires 90% stake in VEM Plastic Molding to expand business, effective July 1, 2025.
Park Hotels
Signed management agreements for THE Park Jaipur (150 keys) and Zone by The Park Govardhan (75 keys) hotels.
Master Trust's subsidiary applies for SEBI mutual fund license, investing Rs. 50 Cr to launch schemes.
JSW Renew Energy signs 250 MW/500 MWh battery storage deal with RVUNL for 12 years.
Zenith Exports CEO Resigned
Trident Techlabs awarded INR 1.4 crore cyber security contract by Ministry of Defence.
RailTel secured Rs.15.85 crore AI billboard order from Cuttack Development Authority, execution by Nov 2025.
Hind Rectifiers secured ₹284 Cr orders in June; order book hits record ₹1,025 Cr as of July 1, 2025.
Solex Green Energy awarded 24.1 MW solar projects worth ₹68.685 Cr under govt DREBP policy.
*BIOCON (FROM BLOOMBERG) +ve*
Plans to file for regulatory approvals of generic versions of Novo Nordisk A/S's Ozempic and Wegovy in key markets as patents on the blockbuster weight-loss drugs expire next year.

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