11.08.2025-Monday, 08.40 am

Good Morning all... 

What has happened on Friday? Nifty Index, opened on a negative note at 24544.25, on the opening move it made a high 24585.50 further it moved down, made a low  24337.50 and closed on a negative note at 24363.30 with an intra loss 232.85 points, i.e., -0.95%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open near 24340-24370-24395 levels; if open, trade and sustain above 24395 then, the index may re-test 24430-24460-24480-24515-24545-24585-24635 levels. On the other hand, the immediate support lies at 24300-24270 if, the Index moves below 24270 then, it may try to re-visit 24240-24205-24170-24130-24095-24060 levels.

Special Mention: On Friday, Nifty Index opened on a negative note, on opening move, unable to sustain above 24595, the intra sell-off dragged till 24337.50, and closed below 24420 levels. Today, the Nifty index must trade, sustain and closes above 24450-24575-24635; it may continue the pull back rally to re-test 24740-24840-24955 levels in the near term. On the other hand, the immediate support seen at 24345-24270, further weakness below 24270 then, the Index may try to re-visit 24170-24060-23970 levels in the near term. Let see how the Index opens today near 24340-24370-24395 levels.

Nifty Bank Index: On Friday, Nifty Bank Index opened on a positive note at 55609.35 on the opening move, it made a high 55652.60 thereafter, it moved down, made a low 54905.60 and closed on a negative note at 55004.90 with an intra loss 516.25 points, i.e., -0.94%,  today Nifty Bank Index must move and sustain above 55095-55200-55270 levels; if to do so, then it may try to test 55380-55490-55575-55650-55840-55970-56090 levels. On the other hand, any weakness near 55095-55200-55270 further, it moves below 54920-54760 then, the Index may re-visit 54610-54460-54310-54160-53970 levels. 

Sensex Index: On Friday, Sensex opened on a negative note at 80478.01 on the opening move, it made a day high 80550.40 thereafter, it moved down and made a low 79775.84 and closed on a negative note at 79857.79 with an intra loss 765.47 points, i.e., -0.95%, today Sensex must move and sustain above 79960-80070 levels; if to do so, then it may try to re-test 80160-80240-80320-80480-80550-80760-80880 levels. On the other hand, any weakness near 79960-80070 further, it moves below 79775-79655 then, the Index may re-visit 79565-79515-79370-79235-79000 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 08th Aug'25 stands at 0.66 with PUT open interest of 2207701 and CALL open interest of 3353357, when compared with previous day level of 0.92, normally the reading below 1 denotes weakness/bearish, above 1 denotes strength/bullish on the index.

FIIs/FPIs & DIIs Funds Flow on NSE, BSE and MSEI : On Friday, FIIs/FPIs, turned as a net buyer, they bought on the net basis to the tune of Rs.1932.81 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.7723.66 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.14018.87 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.36975.52 Cr.

INDIA's Macro Data:-

On 01st Aug'25-Friday, the HSBC Manufacturing PMI data released for the month of Jul'25, it moved up to 59.10 from 58.40 i.e., Jun'25. Likewise, the HSBC Services PMI data for the month of July'25 released on 05th Aug'25-Tuesday, it moved up to 60.50 from 60.40 i.e., Jun'25.

The RBI MPC meet held on 06th Aug'25-Wednesday, the MPC has maintained the Repo rate as 5.50% from the existing rate of 5.50%, also it has maintained the CRR-Cash Reserve Ratio as 3%. 

GDP data for the Q4 ending Mar'25 released on 30th May'25-Friday, the GDP has moved up to 7.40% Vs.6.40% (Q3-Dec'24).

IIP data for Jun'25 released on 28th Jul'25-Monday, the Industrial production has come down to 1.50%; when compared to the May'25 level, i.e., 1.90%. 

Annual Inflation data for Jun'25 released on 14th Jul'25-Monday, the inflation has come down to 2.10% from May'25 level i.e., 2.82%.

WPI Inflation data for the month of Jun'25 released on 14th Jul'25-Monday, it has come down further to the negative side i.e., -0.13% as against the May'25 level i.e.,0.39%.

Wishing you for a safe, secured and profitable trading.

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The writing in the above daily market update should only be construed as guidance. I assert that any business or investment decisions should not be based purely on the information presented in the daily market update. As a Research Analyst, I will not be responsible for any losses incurred by a visitor/investor/client, as a result of decisions made based on any information given in the daily market update.

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