Weekly Update- 14 August 2025

NIFTY50

The index ended the week with a 1.1% gain, settling at 24,631. It opened on a strong note, witnessing a healthy recovery from lower levels supported by broad-based market participation. However, on Tuesday the index faced rejection from higher levels, which capped the upside momentum and pushed it into a sideways consolidation for the next two sessions, amid global uncertainty around the Trump–Putin meeting. Despite this pause, the overall structure remains constructive. For the coming week, key resistance is seen around 25,000, while support lies near 24,350, with a view to adopt a buy-on-dips strategy as long as support levels hold.

BANKNIFTY

The index ended the week with a 0.61% gain, settling at 24,631. It began on a positive note, witnessing a strong recovery from lower levels, with PSU banks notably outperforming their private peers and lending support to the upmove. However, on Tuesday the index faced rejection from higher levels, which stalled the momentum and led to sideways movement over the next two sessions, partly influenced by global cues surrounding the Trump–Putin meeting. Despite this consolidation, the weekly close remained positive, highlighting underlying resilience. For the coming week, key resistance is placed around 55,800, while support is seen near 55,000, with a strategy of buying on dips favored as long as support holds firm.

Best Performing Sector of the week

The Nifty Pharma was best performing sector of this week

Major gainers include:-

Cipla: up by 5.26%

Laurus Labs: up by 4.61%

Granules: up by 4.52%

Dr Reddy: up by 4.04%

Important News:-

• Trump Hints on China Tariffs for buying Russian oil. trump says he will impose Tariffs on Russian oil buyers within 3 weeks.

• PM Modi also said that starting today, youths getting their first job in the private sector will receive ₹15,000 from the Government under Pradhan Mantri Viksit Bharat Rojgar Yojana.
  
• The government has proposed reducing GST to two slabs: 5% and 18% with sin goods at 40%, aiming to cut taxes on essentials like farm products, health items, handicrafts, and insurance.

• Over the week, FIIs have sold Rs 10172 crore worth of shares, while DIIs bought Rs 18999.7 crore worth of shares in the cash segment.

• In the coming week, Jackson Hole Symposium, Fed chairman’s speech, FOMC meeting minutes and manufacturing data from major economies expected to remain on the focus for the market participants.