Stock Market Update: Nifty Flat Around 25,260; Key Support at 25,000 Holds Firm

The Indian equity market opened on a steady note on Friday, marking the final trading session of the week. The Gift Nifty was seen trading flat around 25,260, indicating a cautious start for domestic equities.

Asian markets mirrored a similar tone, with Nikkei and other regional indices trading lower, even as Dow Jones Futures stayed mildly positive. The current level of 25,260 is nearly 80 points higher than Thursday’s Nifty 50 closing, signaling mild strength in early trade.

Market Overview

Market sentiment remains constructive as Nifty 50 and Bank Nifty continue to hold above crucial support zones. On Thursday, the Sensex gained around 400 points, while mid-cap indices jumped by nearly 550 points, with both Nifty 50 and Bank Nifty closing near their day’s highs.

Among the top gainers were PG Electroplast, MCX, SONA BLW, and select pharma stocks. PG Electroplast, despite past corporate governance issues, drew attention for its strong fundamentals and growing demand across India’s appliance sector.

MCX surged over 6.5% as trading volumes in gold and silver spiked amid strong commodity trends. With precious metals rallying and trading activity picking up, MCX remains well-positioned to deliver strong earnings momentum.

On the downside, PB Fintech and InfoEdge (InfoH) witnessed mild profit-taking. PB Fintech slipped nearly 4% as insurance commissions tightened, while InfoEdge fell around 1.5%, with residual pressure from SEBI’s earlier show-cause notices.

Commodities and Currency Update

Gold consolidated near ₹1,23,000 per 10 grams
Silver advanced to ₹1,51,000 per kg
Crude oil and natural gas remained slightly positive

Meanwhile, the Indian Rupee strengthened across major currencies — including the USD, Euro, Pound, and Yen — a welcome sign of improving forex sentiment.

Nifty & Bank Nifty Technical Outlook

According to market analysts, 25,200 remains the crucial level to watch for Nifty 50.

Sustaining above this level could trigger an upward move toward 25,600.
On the downside, 25,000 continues to act as a strong support, successfully defended during the recent bouts of weakness.

For Bank Nifty, the index closed 174 points higher at 56,192, with 56,000 serving as immediate support.

Institutional Flow & Volatility

FIIs bought shares worth ₹1,308 crore
DIIs were net buyers to the tune of ₹964 crore
Volatility Index (VIX) cooled from 10.31 to 10.12,
indicating reduced near-term volatility
Put-Call Ratio (PCR) improved to 1.06, suggesting a range-bound to mildly positive setup

IPO and Corporate News

V-Work IPO lists today
LG Electronics IPO received robust demand with 54× subscription
Canara RBCO AMC IPO saw weak response (0.21× on Day 1)
TCS announced plans to establish a 1-gigawatt data center in India — a strategic move to expand in AI-driven infrastructure
AFS received ₹576 crore worth of civil and infrastructure orders
NTPC Green Energy signed MOUs with the Gujarat government for a cumulative 15 GW renewable project (10 GW solar + 5 GW wind)
Authem Investment acquired a 21.25% stake in MARG Electronics for ₹132 crore
Vijay Kedia increased holdings in Om Infra (2.49%), and Ashish Kacholia bought 2 lakh shares of Tech-Era Engineering, triggering investor interest

However, Dynamic Technologies saw selling pressure as Semna Mauritius offloaded 1.06% stake (~₹49 crore).

Global Developments

In a major geopolitical relief, Israel and Hamas have agreed to a permanent ceasefire in Gaza, ending months of conflict. While both sides suffered losses, the humanitarian impact on civilians was significant.

Company Results Snapshot

TCS Q2 results met expectations, showing stable performance
Tata Elxsi reported softer numbers
GM and Triz delivered better-than-expected earnings
Alkon and VJ KDS stocks turned highly volatile post-results

Outlook: Stay Positive, Trade Cautiously

Market experts maintain a positive but cautious view for the near term. As long as Nifty 50 sustains above 25,000, the broader trend remains intact. A breakout above 25,200–25,250 could open the door to 25,600 in the short run.

Investors are advised to avoid speculative small-cap plays post-news spikes and focus on quality large-cap and mid-cap names.

Key takeaway: “The broader market tone remains constructive, with FIIs turning net buyers and volatility cooling off. Investors should stay optimistic but avoid over-leverage,” analysts said.

Disclaimer: This article is for informational purposes only and not investment advice.