Nifty 50 Gains 30.7 Points in Pre-Open; TRENT, ITC, HINDALCO Lead Advancers
By Shishta Dutta | Published at: Aug 4, 2025 09:43 AM IST
Mumbai, August 4: The Nifty 50 index commenced Monday’s trading session with a mildly positive bias in the pre-open, climbing 30.7 points or 0.12% to reach 24,596.05. This slight uptick follows a week of losses for the broader market, indicating a cautious but potentially firm start to the trading day.
The market breadth in the pre-open session leaned positive, with 31 stocks advancing, 14 declining, and 5 remaining unchanged out of the Nifty 50 constituents. This suggests underlying demand in certain segments of the market. The total market capitalisation stood at ₹1,11,16,94,818 crore, with a total turnover of ₹114.13 crore and a total volume of 13.42 lakh shares traded.
Top Gainers in Pre-Open:
| Stock | LTP (₹) | Change (₹) | % Change | Prev. Close (₹) |
|---|---|---|---|---|
| TRENT | 5,275 | 95 | 1.83% | 5,180 |
| ITC | 420.20 | 3.75 | 0.90% | 416.45 |
| HINDALCO | 676.00 | 3.55 | 0.53% | 672.45 |
| ASIANPAINT | 2,443.20 | 12.20 | 0.50% | 2,431.00 |
| CIPLA | 1,505.00 | 7.20 | 0.48% | 1,497.80 |
| APOLLOHOSP | 7,387.00 | 35.50 | 0.48% | 7,351.50 |
| BEL | 379.00 | 1.80 | 0.48% | 377.20 |
TRENT emerged as the strongest performer, opening nearly 2% higher. This positive momentum in retail and FMCG names like ITC highlights defensive buying or sector-specific optimism in the face of broader market caution.
Top Laggards in Pre-Open:
| Stock | LTP (₹) | Change (₹) | % Change | Prev. Close (₹) |
|---|---|---|---|---|
| INFY | 1,461.50 | -8.10 | -0.55% | 1,469.60 |
| ETERNAL | 303.00 | -1.75 | -0.57% | 304.75 |
| BAJFINANCE | 874.00 | -1.60 | -0.18% | 875.60 |
| ONGC | 236.50 | -0.29 | -0.12% | 236.79 |
| HDFCBANK | 2,010.10 | -2.10 | -0.10% | 2,012.20 |
| INDUSINDBK | 783.00 | -0.70 | -0.09% | 783.70 |
| KOTAKBANK | 1,995.90 | -5.40 | -0.27% | 1,992.40 |
IT heavyweight Infosys (INFY) showed weakness ahead of the session, alongside some banking stocks like HDFC Bank and Kotak Bank, indicating potential pressure on these sectors.
Market Breadth (Pre-Open Overview):
- Advances: 31
- Declines: 14
- Unchanged: 5
- Total Market Cap: ₹1,11,16,94,818 crore
- Total Turnover: ₹114.13 crore
- Total Volume: 13.42 lakh shares
Notable Pre-Open Volumes (Shares Traded):
| Stock | Volume (Shares) |
|---|---|
| ITC | 2,54,515 |
| ICICIBANK | 98,516 |
| RELIANCE | 50,060 |
| TATAMOTORS | 39,309 |
| BEL | 41,261 |
Nifty 50 Opening Sentiment
The Nifty 50’s pre-open performance suggests a cautious optimism. While global headwinds and the recent losing streak for the Nifty 50 have kept sentiment subdued, strength in defensive sectors like FMCG and pharma, along with retail names, is providing some support. Traders will be closely watching for confirmed directional cues as the live trading session unfolds.
What’s Ahead For Today?
- Mildly Positive Start Signals Attempted Recovery
The Nifty 50’s 30.7-point gain in pre-open hints at cautious optimism following a multi-week downtrend. With 31 stocks advancing in the pre-open, initial sentiment favours buyers, though global cues and upcoming earnings could still weigh on direction. - Retail, FMCG, and Pharma Stocks in Focus
Strong pre-open moves in TRENT, ITC, and CIPLA point toward renewed interest in defensive and consumption-oriented sectors. These segments may continue to see inflows during the session, especially if volatility remains elevated. - IT and Banking Stocks May Cap Upside
Weakness in INFY, HDFCBANK, and KOTAKBANK during pre-open reflects sector-specific concerns—ranging from margin pressures to global demand worries. Any further selling in these large-cap names could limit the index’s gains. - Corporate Results to Drive Intraday Action
With over 100 companies set to release Q1FY26 earnings, including Marico, Bosch, and DLF, stock-specific movements will dominate. Positive surprises could trigger strong rallies in individual names, while misses could lead to sharp corrections. - Key Levels to Watch
- Immediate Resistance: 24,650–24,700
- Immediate Support: 24,535–24,500
- A break above resistance may lead to short-covering rallies, while a breach below support could extend the recent downtrend.
- FII-DII Flow Remains Critical
Foreign Institutional Investors (FIIs) have been net sellers for 10 sessions, while Domestic Institutional Investors (DIIs) continue to absorb supply. Today’s net flows will offer clues on broader sentiment direction.
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