Weekly Update-18 July 2025

NIFTY50

The index ended the week with a 0.72% loss, settling at 24,968. It began the week on a weak note, closing lower on Monday despite a brief rebound from the crucial 25,000 support level. Over the next two sessions, the index made attempts to recover from this zone, but momentum remained limited. On Thursday and Friday, broad-based selling pressure intensified, leading the index to decisively break below the 25,000 mark and close beneath it. This breakdown reflects growing caution among participants amid lack of follow-through buying. For the upcoming week, key resistance is seen near 25,250, while immediate support lies at 24,750. The near-term view favors buying on dips near support levels with a defined risk approach.

BANKNIFTY

The index ended the week with a 0.83% loss, settling at 56,283. It began on a flat note, with Monday’s session witnessing a mild rebound from the key support level of 56,600, helping the index close slightly higher. Over the next two sessions, the index made attempts to recover, but lacked strong momentum. Selling pressure intensified on Thursday and Friday, dragging the index below the crucial 56,600 level. Friday’s decline was further weighed down by weak earnings from Axis Bank, which dented sentiment in private banks. In contrast, PSU banks outperformed private peers throughout the week, providing some cushion to the broader market. For the coming week, key resistance is placed near 56,500, while immediate support lies around 55,500. The outlook remains cautious, though buying interest may emerge near support zones with controlled risk.

Best Performing Sector of the week

The Nifty REALTY was best performing sector of this week

Major gainers include:-

Sobha: up by 13.02%

Godrej Properties: up by 7.21%

Prestige Estate: up by 5.14%

Anantraj: up by 4.97%

Worst Performing Sector of the week

The Nifty IT was worst performing sector of this week

Major losers include:-

Hcl Technologies: down by 5.46%

Tech Mahindra: down by 3.34%

TCS: down by 2.33%

LTIM: down by 1.58%

Important News:-

• Bank Nifty declined over 1 percent in intraday trade on Friday, dragged by a sharp fall in Axis Bank shares after the lender’s June quarter results missed market expectations. Broader selling was also seen across insurance and NBFC stocks.

• The shares of defence companies recorded significant losses on July 18, as investors may have continued to book profits at elevated levels. The sharp fall in the share prices pushed the Nifty India Defence index down around 2.2 percent to hover around 8,173 in the afternoon.

• Shares of Godrej Properties extended their winning streak to a fifth consecutive session, rising to Rs 2,358 apiece on July 18, after the company announced the acquisition of a 48-acre land parcel in Bengaluru, Karnataka.
  
• The shares of Indian solar module manufacturers dropped in trade on July 18, after their US peers filed new trade petitions against India, Indonesia and Laos, seeking more anti-dumping and countervailing duties on the imports to US.

• Gujarat-based engineering, procurement and construction company Oswal Energies has filed preliminary papers with the SEBI to raise funds via IPO.