Nifty Index Down 34 Points In Pre-Open; 15 Stocks Rise While 32 Fall
By Shishta Dutta | Published at: Aug 1, 2025 09:47 AM IST
Mumbai, August 1, 2025: The Nifty 50 index indicated a subdued start to Friday’s trading session, dropping by 34.2 points, or 0.14%, in the pre-open session to reach 24,734.15. As of 9:07 a.m. IST, market breadth showed a negative tilt, with 32 stocks declining, 15 advancing, and 3 remaining unchanged, reflecting early caution among investors.
Top Gainers: Auto and FMCG Stocks Lead
Among the Nifty constituents, Eicher Motors emerged as the strongest performer, surging by 2.63% to ₹5,463.5, driven by robust demand visible at higher levels. The stock settled significantly above its Indicative Equilibrium Price (IEP) of ₹5,540.5. Other notable gainers included:
| Stock | Pre-Open Price (₹) | Previous Close (₹) | Change (₹) | % Change |
|---|---|---|---|---|
| Eicher Motors | 5,463.5 | 5,468.5 | +142.0 | +2.63% |
| HUL | 2,524.0 | 2,521.2 | +28.8 | +1.14% |
| Eternal | 308.85 | 307.80 | +2.00 | +0.65% |
| JSW Steel | 1,057.9 | 1,048.3 | +5.7 | +0.54% |
| Apollo Hosp. | 7,538.0 | 7,498.0 | +40.0 | +0.53% |
Major Losers: IT, Pharma Stocks Drag Sentiment
IT heavyweights Infosys and TCS slipped 1% and 0.23%, respectively, while Sun Pharma declined 0.98%. Broader weakness was seen in defensives and financials.
| Stock | Pre-Open Price (₹) | Previous Close (₹) | Change (₹) | % Change |
|---|---|---|---|---|
| Infosys | 1,493.9 | 1,509.0 | -15.1 | -1.00% |
| Sun Pharma | 1,690.0 | 1,706.7 | -16.7 | -0.98% |
| Dr. Reddy’s | 1,267.1 | 1,270.3 | -12.3 | -0.97% |
| Asian Paints | 2,378.0 | 2,396.1 | -18.1 | -0.76% |
| IndusInd Bank | 798.0 | 798.9 | -6.4 | -0.80% |
Market Breadth & Key Metrics
- Advances: 15
- Declines: 32
- Unchanged: 3
- Total Pre-Open Volume: 8.43 lakh shares
- Aggregate Market Cap (Nifty 50): ₹112 lakh crore
- Top Traded (by Volume): BEL (64,031 shares), ICICI Bank (26,042), Reliance (54,151)
Sectoral Highlights
Among the sectors, Auto stocks continued their upward trajectory, driven by strong underlying demand. The FMCG and Healthcare sectors also displayed mild positivity. However, the IT and Pharma sectors acted as significant drags on the overall index, influenced by weak pre-open cues.
Indicative Opening Note
Despite the pockets of strength seen in auto majors and select FMCG names, the weak performance observed in heavyweight IT and banking counters collectively pulled the index lower. The Nifty’s pre-open movement suggests a cautious opening for the broader market, as global cues continue to remain subdued. The market opened for live trading at 9:15 a.m. IST.
What’s Ahead For The Day?
- Cautious Sentiment Likely to Continue
The weak start in the pre-open session hints at a cautious mood, likely driven by muted global cues and profit-booking in IT and pharma stocks. - Auto & FMCG Could Offer Support
Strong momentum in Eicher Motors and HUL suggests sustained investor interest in consumption and mobility themes, potentially cushioning broader losses. - IT & Pharma May Keep Index in Check
With Infosys, Sun Pharma, and Dr. Reddy’s under pressure, defensive and export-heavy sectors could weigh on index movement through the day. - Watch for Intraday Volatility
Mixed cues and sector-specific movements may result in intraday volatility, especially as traders react to earnings, global data, or macroeconomic signals. - Focus on Sector Rotation
Traders may look to rotate between auto, FMCG, and banking counters depending on early trend confirmation and institutional flows. - Global Cues Still Crucial
Any surprises in international markets or macroeconomic data (e.g. US GDP, inflation prints) may shift direction during the session.
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