“We don’t think tariffs imposed on India would have much of an impact on economic growth,” said YeeFarn Phua, director, sovereign & international public finance ratings, Asia, S&P Global Ratings. The agency expects India’s economy to grow at 6.5 percent in FY26.
S&P Global Ratings does not see any major impact of US tariffs on India’s growth – Daily Market Update 14th Aug 2025
Overview and Outlook
Global Stock Market Today
- US equity markets settled higher in range 0.14% to 1%.
- European equity markets ended on a flat to positive note.
- Asian equity markets are trading mix.
- GIFT Nifty is little changed, Nifty futures likely to open around 24700 levels.
Tracking positive cues from the global peers, benchmark Nifty index opened with a gap on the higher side and traded sideways for most part of the session to settle at 24619 spot levels after adding 132 points to its previous closing values.
Broader markets traded in line with the benchmark as Mid and Small cap indices gained 0.63% & 0.66% respectively.
Majority of sectoral indices, tracked at NSE, settled in green. Amongst them, Health care and Pharma index were at the top of the tally, rose 2.13% & 1.73% respectively followed by Metal and Auto index that gained over 1% each.
We continue to uphold our sell on rise trading approach on Nifty index till it is trading below 24800 spot levels on closing basis.
Derivatives Overview & Outlook
Yesterday, Banknifty, Finnifty and Midcapnifty futures added 1.7%, 5.2% and 4.2% of open interest respectively as long buildup, while no meaningful activity was seen in Nifty futures on open interest front.
Majority of F&O sectors settled on a positive note. Amongst them, Automobiles, Finance and Pharma stocks witnessed maximum addition of long positions whereas some short buildup was seen among Oil & Gas and Telecom stocks.
On the option front, put writing along with call unwinding was seen at multiple strikes. Maximum positions are at 25000 CE followed by 24700 CE and 24600 PE. Options data turned slightly positive ahead of scheduled weekly expiry but needs to have a close eye on fresh developments.
Institutional Trading Activity
Yesterday, FIIs sold stocks worth Rs 3644 Cr in the cash segment, bought index futures worth Rs 461 Cr and also bought stocks futures worth Rs 2592 Cr. DIIs were net buyers in the cash segment to the tune of Rs 5624 Cr.
Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels
Nifty – Resistances 24800-24920; Supports 24600-24500
Banknifty – Resistances 55800-56000; Supports 55100-54800
Finnifty – Resistances 26500- 26600; Supports 26200-26100
F&O Security in Ban Today: PGEL, PNBHOSING FINANCE, RBLBANK & TITAGARH
IMPORTANT RESULTS TODAY: ARE&M, ASHOKLEY, EASEMYTRIP, HINDCOPPER, GLENMARK, IOC & TIRUMALCHM.
Disclosure
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