Markets Likely to Open Flat to Negative Amid Global Volatility; GIFT Nifty Hints at Subdued Opening

Mumbai, July 14, 2025 — Indian markets are poised for a muted opening on Monday as GIFT Nifty trends indicate a flat to slightly negative start. The Nifty futures were hovering around the 25,181 mark, down by 10.5 points or 0.04%. The lacklustre cues come amid a volatile global backdrop, with Asian markets trading mostly higher while Wall Street closed in the red on Friday.

Wall Street Ends Lower as Trump’s Tariff Action Weighs on Sentiment

US markets ended last week on a subdued note, rattled by escalating trade tensions. The S&P 500 dropped 0.33% to close at 6,259.75, weighed down by Meta Platforms. The Nasdaq Composite declined 0.22% to 20,585.53, while the Dow Jones Industrial Average fell 0.63% to 44,371.51. The market weakness was attributed to heightened uncertainty after President Donald Trump intensified his tariff measures against Canada.

Asian Markets Open Firm; Shanghai Composite, Straits Times Gain 0.4%

Despite the global jitters, Asian indices opened the week on a positive note. The Shanghai Composite and Singapore’s Straits Times both rose 0.4% in early trade. Other indices in the region also showed moderate gains, indicating selective optimism among investors across Asia.

Domestic Recap: Sensex Tanks 690 Points, Nifty Drops Below 25,200

• Indian equity benchmarks extended their losing streak for the third straight session on Friday
• The Sensex declined by 689.81 points or 0.83%, closing at 82,500.47
• The Nifty slipped 205.40 points or 0.81%, ending the session at 25,149.85
• Broader market sentiment remained weak, with the BSE Midcap index falling 0.5% and the Smallcap index down 0.7%
• Over the week, both the Sensex and Nifty posted losses of more than 1%, marking a second consecutive weekly decline
• Selling pressure was triggered by disappointing Q1 earnings from TCS and renewed worries around global trade tariffs
• On the sectoral front, most indices ended in the red, with the exception of FMCG and pharma, which gained 0.5% and 0.7% respectively

Major Losers

Among the Nifty constituents, the top laggards included –

• TCS
• Bajaj Auto
• M&M
• Hero MotoCorp
• Wipro

Major Gainers

Notable gainers included –

• HUL
• SBI Life Insurance
• Kotak Mahindra Bank
• Axis Bank
• IndusInd Bank

Outlook

With GIFT Nifty indicating a subdued start and global cues remaining uncertain, investors are expected to tread cautiously. All eyes will be on earnings reports and macro developments to gauge further direction.

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