Nifty Pre-Open: Index Indicates Flat-to-Positive Start; SBIN, Eicher, Hindalco Lead Gains
By Shishta Dutta | Published at: Jul 17, 2025 10:06 AM IST
Mumbai, Thursday, July 17, 2025: The Nifty 50 index is poised for a slightly positive opening on Thursday, reflecting a cautious yet optimistic sentiment in the pre-market session. As of 09:07 IST, the Nifty 50 has risen by 25.25 points, or 0.1%, to reach 25,237.3. The overall market breadth is leaning towards bullish, with 32 advancing stocks compared to 14 declining ones, and 4 remaining unchanged.
Top Nifty Gainers (Pre-Open)
| Stock | Previous Close (₹) | IEP (₹) | Change (₹) | % Change |
|---|---|---|---|---|
| SBIN | 831.70 | 839 | +7.30 | +0.88% |
| EICHERMOT | 5626.50 | 5668 | +41.50 | +0.74% |
| HINDALCO | 666.75 | 671.45 | +4.70 | +0.70% |
| BAJFINANCE | 921.75 | 928 | +6.25 | +0.68% |
| NTPC | 342.45 | 344.50 | +2.05 | +0.60% |
Other notable gainers in the pre-open session include Wipro, L&T, Apollo Hospitals, Bharti Airtel, and HDFC Bank, all recording modest upticks of less than 0.5%.
Top Nifty Losers (Pre-Open)
| Stock | Previous Close (₹) | IEP (₹) | Change (₹) | % Change |
|---|---|---|---|---|
| TECHM | 1607.90 | 1598 | -9.90 | -0.62% |
| INFY | 1607.90 | 1600 | -7.90 | -0.49% |
| ICICIBANK | 1426.40 | 1421.10 | -5.30 | -0.37% |
| M&M | 3196.50 | 3185 | -11.50 | -0.36% |
| TCS | 3233.10 | 3223.10 | -10.00 | -0.31% |
IT and financial heavyweights such as Bajaj Auto, Kotak Bank, Hindustan Unilever, and Cipla also experienced mild weakness in the pre-open trading.
Index Summary
- Nifty 50: 25,237.3 (+0.1%)
- Market Breadth: 32 Advancing | 14 Declining | 4 Unchanged
- Total Pre-Open Market Cap: ₹1,13.90 lakh crore
- Aggregate Pre-Open Traded Volume: Not disclosed
Sectoral Snapshot
Gains were predominantly seen in the banking, auto, and metals sectors, with State Bank of India (SBIN), Eicher Motors, and Hindalco leading the charge. Conversely, IT stocks faced some selling pressure, slightly dampening the broader market sentiment. This comes after Tech Mahindra and L&T Technology Services recently announced their Q1 FY26 results, with Tech Mahindra reporting a slight decline in net profit and L&T Tech Services showing a modest increase in profit but a revenue dip. Meanwhile, State Bank of India (SBI) is in the news for its plans to raise ₹45,000 crore through equity and debt, including a potential ₹25,000 crore Qualified Institutional Placement (QIP), which would be the largest of its kind in the Indian market. This significant fundraising initiative could be contributing to the positive sentiment around the banking sector.
What’s Ahead For Today?
Markets are likely to open on a cautious yet optimistic note, with Nifty 50 edging up 0.1% in the pre-open. Banking, auto, and metal stocks may drive momentum, led by SBI’s upbeat fundraising plans. However, weakness in IT stocks like Tech Mahindra and Infosys may limit gains. Traders will watch Q1 earnings announcements, global market cues, and institutional flows closely. Overall, expect a range-bound session with a positive bias if sector rotation sustains.
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