Research Report : Indian Financial Markets Outlook - 08th July 2025

  

Ravi Bhatt
Sebi Registered Research Analyst - INH000012591
Website - www.capsavaj.com

Trump imposed 25% tariff on 12 countries but left door open for negotiation

Asian Pacific stock markets edged higher as Trump left the door open for additional negotiations after imposing new tariff rates on partners, including Japan and South Korea. Nikkei was up 0.4% while Kospi gained 1.5% and Hang Seng futures was marginally down 0.1% in the morning session. US index futures are unchanged, while European contracts are marginally lower. Earlier, US markets tumbled yesterday after Trump imposed over 25% additional tariff on 12 different countries including Japan and S.Korea.

Markets are nervous over unpredictable Trump policies. S&P 500 futures flat Euro Stoxx 50 futures fell 0.1% Oil steadied as investors turned their attention to the potential fallout from US levies and an escalation of hostilities in the Red Sea. Brent held near $69 a barrel after advancing 1.9% on Monday, and West Texas Intermediate was traded below $68. The GIFT Nifty is trading 20 points lower at 25,508 points as in the morning, indicating a flat start for the 50-stock benchmark later in the morning.

Fundamental Update

• Mahindra & Mahindra - The Company reported that its sales surged by 14% year-on-year in June 2025. Positive

• Macrotech Developers - The company in its quarterly business update reported pre-sales growth of 10% yearon- year at Rs 4,450 crore while collections grew by 7% year-on-year to 2,880 crore. Positive

• Kotak Mahindra Bank - The lender’s net advances for the quarter ended June 30 grew by 14%. Positive

• NLC India - The Company approved to make an investment of up to Rs 1,631 crore in one or more tranches. Positive

Technical Update

• NIFTY - The Nifty index traded in narrow range to settle unchanged at 25,461 on Monday. Index remained under pressure over uncertainty on trade deal with USA. Any announcement of deal will gyrate index on either side. Today’s range – 25,350 – 25,550.

• BANKNIFTY - Bank nifty too traded in range to settle marginally lower at 56,949 on Monday. Index has strong support at 17 day EMA of 56,590 while 57,150 is near term resistance. Today’s range – 56,600 – 57,150.

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