The stock market was scared, investor on alert mode, how will the third week of July be?
Share market review: After touching the top level of 9 months, there was nothing special for the Indian stock markets of the first 2 weeks of July. The local stock market remained in red mark due to India not compromising on tariffs, weak trends of global markets and profit recovery. Know how the market trend will be in the coming week and what to do investors?
How was the Sensex and Nifty move: On the first day of the week, the Indian stock market remained flat on 7 July. The Sensex had a slight rise of 9.61 and the Nifty shut down. Before the market closure on July 8, there was some increase in the stock market due to the takes of IT and bank shares. The Sensex rose by 270.01 points to 83,712.51, while the Nifty also gained 61.20 points to close at 25,522.50 points. After this, the last half of the week remained in the market red mark. On July 9, the Sensex 176 and the Nifty fell by 46.4 points.
On July 10, Sensex and Nifty closed down 345.8 and 46.4 points respectively. The market declined drastically on 11 July. The Sensex fell 689.81 points to 82,500.47 and NSE Nifty fell by 205.40 points to 25,149.85 points. On a weekly basis, the BSE Sensex saw a decline of 932.42 points, or 1.11 percent, while the NSE Nifty was 311.15 points, or 1.22 percent softening.
These factors changed market moves: There was pressure on several countries to declare tariff rates on several countries, uncertainty on tariff deal with India, 10 percent additional tariffs on BRICS countries, not getting positive trends from global stock markets in Indian stock markets throughout the week. Investors took a cautious stance before the quarterly results of the companies. The country’s largest IT service company TCS reported a net profit of six percent to Rs 12,760 crore in the June quarter. Revenue increased by 1.3 percent to Rs 63,437 crore during the quarter. However, this result disappointed investors. Selling in IT, vehicle shares also increased the pressure on the market.
How will the next week be: Trump’s strictness over the tariff may keep pressure on the Indian stock market this week. If a trade deal is agreed between India and America, then its conditions will decide the direction of the market. At the same time, like other countries, trump also sends tariff letters to India to create pressure, then there can be a decline in the market. Along with the attitude of global markets, the quarterly results of companies will also decide the moves of Sensex and Nifty.
91 percent individual investors lost money in F&O: A report released by SEBI said that about 91 percent individual traders incurred losses in Equity Share Futures and Option Section in FY 2024-25. A similar trend was seen in FY 2023-24. According to the study, the net deficit of individual traders increased by 41 percent to Rs 1,05,603 crore in FY 2024-25, which was Rs 74,812 crore a year ago. In addition, the number of individual investors trading in the futures and option segment has decreased by 20 percent compared to the previous year. However, this is 24 percent higher than 2 years ago.
BSE and NSE warning to SEBI: Major stock markets BSE and NSE on Friday warned investors over transactions with unregistered online bond platforms (OBPPs). Investors have been advised to be vigilant amid the increasing popularity of these forums. These platforms provide easy access to certain means like bonds.
Both the stock markets said in a joint statement that investors should consider several major factors before investing through any online bond platform. These include the credit rating of the bond, the release record of the issuer, the liquidity of the investment instrument, the settlement time-limit and the tax effects. In addition, investors will also have to ensure that these platforms are registered as an online bond platform with market regulator SEBI.
Politics on Jane Street case: Due to the Gen Street case, political mercury was also hot about the stock market. Rahul Gandhi posted on ‘X’ and said that I had clearly said in 2024 that the F&O market has become a game of ‘big players’, and the pockets of small investors are constantly cutting. Now SEBI itself believes that ‘Jane Street’ manipulated thousands of crores of rupees. He questioned why SEBI remained silent for so long, is the Modi government sitting blind at the behest of someone and how many big sharks are still harming retail investors?
On this, Amit Malviya of BJP IT cell retaliated, saying that SEBI’s action to ban a global body is clear that strict regulatory action is being taken to protect small investors, which Gandhi is trying to make sensational. If SEBI remains silent, there is no investigation, there is no restriction, and no headlines are made, their entire charge is demolished there. These are the reforms of the Modi government, which has made SEBI more transparent, alert and independent than ever.
What do experts say : Finn Astrologer and stock market expert Nitin Bhandari said that the previous week was negative for the stock market. He said that the market touched the bottom in the current bicycle (7 April to 30 July). From here the market can go down for 2 to 5 weeks. During this time the Nifty can touch the bottom of 23700 to 24325. He said that Saturn is becoming retrograde on 13 July. This can also create an atmosphere of uncertainty in the stock market.
Bhandari said that Trump is not getting much response on the tariff. They have been dealt with only 2 countries. This is also increasing uncertainty. He said that the stock market works on Future Expectation. If the result of a company does not live up to the market expectations, then the investors also do not give much response to the shares of that company. Something similar happened with TCS. Chunki TCS is the market leader in the IT sector, so the companies of this sector also had to bear the brunt of it. However, in the coming weeks, the projects of companies will affect the market. Every company will move forward on its own fundals.
Disclaimer: This article is only aimed at information. This is not an investment advice. Be sure to consult your financial advisor before any investment.