📊 Stock Market Update: Nifty & Bank Nifty Slip Below Key Levels on Monthly Expiry Day

Indian equity markets witnessed sharp selling pressure on monthly expiry day, extending their five-day losing streak. The Bank Nifty has fallen over 2,500 points in the last five sessions, slipping from 56,000 levels to nearly 53,500.

Market analysts noted that once Bank Nifty breached the 55,000 mark, the fall accelerated sharply. The index has now tested its 200-day Exponential Moving Average (200-DEMA) — a crucial psychological support zone. Historically, this level has acted as a bounce-back point, but traders caution that there is no guarantee of a strong reversal this time.

🔻 Broader Market Pressure

Nifty 50 closed near 24,500, down over 200 points.
Bank Nifty slipped 630 points to end at 53,800.
Midcap and Smallcap indices saw heavy selling, with declines of over 700 points.
Declining stocks outnumbered advancing ones nearly 2:1, with 1,900 stocks falling against only 835 advancing on NSE.

📉 Sector & Stock Highlights

Top Gainers (Nifty 50): Titan, Larsen & Toubro, Hero MotoCorp, Asian Paints.
Top Losers (Nifty 50): SBI, HCL Tech, TCS, Infosys, Power Grid.
Midcap & Smallcap Gainers: VTL, Ola Electric, Sundaram Finance, JP Power.
Midcap & Smallcap Losers: ATGL, ABFRL, Indigo, FSN E-commerce.
In the last one week, Ratnamani Metals, AIL, Netware Energies outperformed, while Glenmark Life (GL1) fell 16–17% and BSE Ltd slipped 14%.

🔎 Technical Outlook

Bank Nifty is hovering around its 200-DEMA near 53,500. Analysts caution that a further 1,000–1,500 point decline cannot be ruled out before a recovery attempt.
Nifty 50 has already breached its 100-DEMA and is approaching the 200-DEMA at 24,200. If this breaks, the next support zones lie near 23,800 and 23,500.
On weekly charts, markets have declined for 7–8 consecutive weeks, highlighting continued weakness.

🏦 FII & Regulatory Trends

Provisional data shows FIIs continued selling with outflows worth over ₹6,500 crore.
July derivatives turnover was weak: options turnover fell 3% on NSE, 2% on BSE, while futures turnover dropped 5% on NSE and 40% on BSE.
SEBI’s move to reduce expiry cycles has also added to volatility in derivatives-linked stocks.

📰 Corporate & Economy Updates

Mastercard — Creator: jbk_photography | Credit: Getty Images
Copyright: jbk_photography

Infosys announced a collaboration with Mastercard to integrate its flagship Finacle platform with Mastercard’s Move network for faster and secure cross-border payments across 200+ countries and 150+ currencies.
Protean eGov Technologies won a ₹1,370 crore UIDAI contract to set up Aadhaar service centers in 188 districts, strengthening its digital governance portfolio.
PG Electroplast appointed Girish Chandra as CEO of its subsidiary PG Technoplast, amid corporate governance concerns.
In the gaming sector, Nazara Technologies and Dawn Technologies face uncertainty as the Online Gaming Regulation Act 2025 has been challenged in Karnataka High Court.
Crude oil imports from Russia are expected to rise by 300,000 barrels per day in September, but OMC stocks like BPCL, IOC, and HPCL remain under pressure.

📊 Macro Data – IIP for July

Infrastructure goods grew 11.9% (vs 5.5% last year).
Consumer durables slowed to 7.7% (from 8.2%).
Electricity sector growth fell sharply to 0.6% (from 7.9%).
Primary goods output contracted 1.7% (vs +5.9% last year).
This reflects weak economic momentum, with consumption demand under pressure.

📌 Outlook

Markets remain fragile with global uncertainty, persistent FII outflows, and weak domestic macro data. Analysts advise investors to remain cautious, avoid aggressive buying, and wait for stability near key support levels before making fresh allocations.

👉 What’s your view on the current market fall? Do you expect a bounce from 200-DEMA or a deeper correction?