{"id":244691,"date":"2025-07-07T07:24:15","date_gmt":"2025-07-07T07:24:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/244691\/"},"modified":"2025-07-07T07:24:15","modified_gmt":"2025-07-07T07:24:15","slug":"stock-market-live-updates-sensex-down-100-pts-nifty-below-25450-amid-volatility-fmcg-oil-gas-gain","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/244691\/","title":{"rendered":"Stock Market LIVE Updates: Sensex down 100 pts, Nifty below 25,450 amid volatility; FMCG, oil &#038; gas gain"},"content":{"rendered":"<p class=\"jsx-53d7a97dc0a1d7eb\"><strong class=\"jsx-53d7a97dc0a1d7eb\"> Aditya Gaggar, Director of Progressive Shares <\/strong><\/p>\n<p>Nifty50 is oscillating within the tight range of 25,380-25,580 and forming a Bullish Flag and Pole pattern. A decisive move above the 25,580 mark would confirm a breakout, potentially leading to further upside. The immediate support is placed at 25,380, while resistance stands at 25,580. BankNifty is showing early signs of a potential bearish divergence (although not yet confirmed). A break above 57,600 would nullify the bearish setup, whereas a sustainable move below 56,640 could drag the Index lower towards 56,300. The key support and resistance levels for BankNifty are placed at 56,850 and 57,200, respectively.<\/p>\n<p>We remain positive on OMCs (BPCL, HPCL, and IOC) from the Energy sector as they have already confirmed breakouts. We believe that soon a breakout will occur in the IT sector, which will provide a directional trend.<\/p>\n<p>The Pharma sector is pointing towards a trend reversal, with a breakout from an Inverted Head and Shoulder pattern (Aurobindo Pharma-Falling Channel Breakout, and Glenmark Pharma &amp; Laurus Labs-Rounding Bottom Breakout).<\/p>\n<p>The Metal and PSU Banking sectors are on the brink of an important pattern breakout, and a strong rally could follow once confirmed. The Realty sector displays signs of a trend reversal in the lower timeframe, with a bullish pattern formation; however, a confirmatory move is essential.<\/p>\n","protected":false},"excerpt":{"rendered":"Aditya Gaggar, Director of Progressive Shares Nifty50 is oscillating within the tight range of 25,380-25,580 and forming a&hellip;\n","protected":false},"author":2,"featured_media":244692,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3091],"tags":[90003,78971,89999,51,3155,90010,90009,47304,78973,90008,90006,90002,2441,87177,78972,90007,3129,90005,31285,31283,31969,90001,977,90000,78969,16,15,90004],"class_list":{"0":"post-244691","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asian-stock-market","9":"tag-bse","10":"tag-bse-sensex-live","11":"tag-business","12":"tag-commodity-market","13":"tag-commodity-market-updates","14":"tag-crude-oil-price","15":"tag-euro","16":"tag-gift-nifty","17":"tag-inr-vs-usd","18":"tag-latest-sensex-updates","19":"tag-live-market-updates","20":"tag-markets","21":"tag-nifty50","22":"tag-nse","23":"tag-rupee-vs-dollar","24":"tag-sensex","25":"tag-sensex-latest-updates","26":"tag-sensex-share-price","27":"tag-sensex-today","28":"tag-share-market","29":"tag-share-market-updates","30":"tag-stock-market","31":"tag-stock-market-latest-updates","32":"tag-stock-market-live-updates","33":"tag-uk","34":"tag-united-kingdom","35":"tag-world-stock-market"},"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/244691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=244691"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/244691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/244692"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=244691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=244691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=244691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}