Today Stock Market

 

📊 Indian Markets Snapshot – July 7, 2025

Market Mood & Key Drivers

Indian bourses opened the week on a flat to mildly negative note as investors await the outcome of the April–June quarterly earnings season. Attention remains focused on global developments—particularly U.S.–India trade talks, with a 90‑day tariff suspension set to expire on July 9 goodreturns.in.

Global Cues

Wall Street wrapped up the previous session slightly down: the Nasdaq Composite dropped 0.74% and the Dow fell 0.24%, prompting a cautious tone among global investors goodreturns.in.

Domestic Index Action

Futures outlook hinted at a flat-to-sluggish opening, with GIFT Nifty indicating minimal gains over prior levels .

Historical Context

July has traditionally been a positive month for Indian equities—with Nifty advancing in 9 out of the last 10 Julys indiatoday.in+13livemint.com+13economictimes.indiatimes.com+13. Analysts attribute this trend to normal summer monsoons, easing geopolitical tensions, and sustained domestic liquidity inflows reuters.com+3indiatoday.in+3economictimes.indiatimes.com+3.

Analyst Picks

Before markets opened, Sumeet Bagadia highlighted Wipro, ICICI Bank, and Hindustan Unilever as top stock picks for today—expecting momentum if Nifty manages to outperform the 25,550–25,600 resistance zone livemint.com+1indiatoday.in+1.

Trading Calendar Note

BSE and NSE are confirmed to be open today; there was initial confusion over a potential Muharram holiday, but July 7 remains a regular trading day economictimes.indiatimes.com+5thehansindia.com+5indiatimes.com+5.

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🔍 What to Watch for Today

Theme	Details
Q1 FY26 Earnings	Early sessions expected to be driven by earnings updates, which could steer market momentum indiatoday.in+13business-standard.com+13reuters.com+13.
Tariff Deadline (July 9)	U.S.–India trade deal outcomes may heighten volatility near the deadline .
Global Sentiment	Continued weakness in U.S. tech stocks could apply pressure domestically .

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📌 Expert Takeaway

Markets seem positioned for sideways movement today, with investors digesting U.S. tariff developments and eagerly awaiting Q1 earnings. The longer-term backdrop remains favourable for a July rally, supported by seasonal trends and domestic participation. However, near-term volatility cannot be ruled out, especially if trade or earnings triggers emerge.