Published: July 28, 2025 | By Agam Kaushik(Co-Editor) | Linkedin
The S&P BSE Sensex, India’s premier stock market benchmark, ended the trading session on July 28, 2025, with sharp intraday volatility before closing in the red. The market exhibited a cautious tone, largely driven by weak earnings, FII outflows, and global uncertainties.
Sensex Forecast for July 29, 2025: Sideways to Bullish Movement Expected
As per expert insights from ChoiceIndia.com and EquityPandit, the market outlook for July 29 appears sideways to slightly bullish, with a tentative trading range between 80,400 and 81,400.
Key Technical Levels to Watch
Level Type | Price Range |
---|---|
Support | 80,400 – 80,500 |
Resistance | 81,300 – 81,400 |
Traders are advised to closely monitor these levels for potential breakouts or reversals.
Also Read-https://bytethenews.in/nifty-midcap-150-index-today-performance-28-july-2025/
Market Sentiment: Sideways to Bearish Bias Prevails
The market bias remains cautious to bearish, reflecting investors’ concerns around corporate earnings and macroeconomic signals.
Top Factors Affecting Market Sentiment on July 28, 2025
- Weak Q1 FY26 Earnings: Disappointing quarterly results, especially from major IT companies, raised concerns about slowing growth momentum.
- India-US Trade Agreement Stalled: Uncertainty over trade negotiations with the United States continues to dampen investor sentiment.
- IT Sector Layoffs: Fresh job cuts in top tech firms have created negative buzz, adding to concerns about demand slowdown and cost-cutting measures.
- FII Outflows Continue: On July 25, Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,980 crore, contributing to the bearish momentum.
Sector Performance: Pharma Shines, Realty & Media Drop Sharply
Most sectors closed in the red, with only the Pharma sector managing to post gains.
- Nifty Realty: Down by 4%
- Nifty Media: Down nearly 3%
- Capital Goods, Metal, Telecom, PSU & Private Banks: Declined 1% to 1.5%
- BSE Midcap Index: -0.7%
- BSE Smallcap Index: -1.3%
Global Market Cues and Gift Nifty Indication
Global sentiment was mixed. The Gift Nifty traded around 24,832, showing a discount of 18 points compared to the Nifty futures close. This suggests a muted or flat opening for the Indian markets on July 29.
Also Read-https://bytethenews.in/tcs-layoff-news-2025-to-remove-12000-employees-amid-ai-shift-in-todays-era/
Long-Term Outlook: Sensex to Hit 1 Lakh+ by FY28 ?
According to projections by Ventura Securities, the long-term outlook for the Sensex remains bullish:
Scenario | Sensex Target | Nifty 50 Target |
---|---|---|
Bullish Case | 115,836 | 43,876 |
Conservative Case | 104,804 | 39,697 |
These projections are supported by:
- Strong GDP growth expectations
- Stable bond yields
- Manageable national debt levels
Disclaimer: Stock market investments are subject to market risks. This article is for informational purposes only and does not constitute financial advice.
1. What is the difference between Sensex and Nifty ?
Sensex represents the 30 largest and most actively traded stocks on the BSE (Bombay Stock Exchange), while Nifty tracks 50 top companies listed on the NSE (National Stock Exchange). Both are benchmark indices used to measure overall market performance.
2. Can I invest directly in the Sensex ?
No, you cannot invest directly in the Sensex. However, you can invest in Sensex-based index funds or ETFs (Exchange Traded Funds) that mirror the performance of the index.
3. Is Sensex a good indicator of India’s economy ?
Sensex reflects the performance of top listed companies, and while it’s not a complete representation of the economy, it provides a broad snapshot of investor sentiment and corporate performance.
4.What causes the Sensex to rise or fall ?
Sensex is influenced by multiple factors including corporate earnings, global market trends, FII/DII activity, interest rates, inflation, government policies, and geopolitical events.
5.When is the best time to invest in Sensex-based funds ?
The best time depends on your investment goals and market conditions. Generally, investing during market corrections or through SIPs (Systematic Investment Plans) allows for rupee cost averaging and reduces risk over time.