12.08.2025-Tuesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a flat to positive note at 24371.50, on the opening move it made a low 24347.45 further it moved up, made a high 24600.85 and closed on a positive note at 24585.05 with an intra gain 221.75 points, i.e., 0.91%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open near 24625-24585-24545 levels; if open, trade and sustain above 24625 then, the index may re-test 24645-24675-24700-24720-24775-24825 levels. On the other hand, the immediate support lies at 24525-24475 if, the Index moves below 24475 then, it may try to re-visit 24450-24405-24370-24345-24300-24270 levels.

Special Mention: Yesterday, Nifty Index opened on a flat to positive note, on opening move, took strong support at 24345 and moved up till 24600 and closed near 24585 levels. Today, the Nifty index must trade, sustain and closes above 24645-24720; it may continue the pull back rally to re-test 24775-24880-24955 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 24625-24585-24545 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 54999.35 on the opening move, it made a low 54927.55 thereafter, it moved up, made a high 55582.15 and closed on a positive note at 55510.75 with an intra gain 505.85 points, i.e., 0.91%,  today Nifty Bank Index must move and sustain above 55580-55660 levels; if to do so, then it may try to test 55760-55840-55970-56090-56160-56235-56405 levels. On the other hand, any weakness near 55580-55660 further, it moves below 55415-55330 then, the Index may re-visit 54255-55175-55080-54930 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 79885.36 on the opening move, it made a day low 79772.46 thereafter, it moved high and made a high 80636.05 and closed on a positive note at 80604.08 with an intra gain 746.29 points, i.e., 0.93%, today Sensex must move and sustain above 80645-80770 levels; if to do so, then it may try to re-test 80885-80955-81025-81185-81220-81295-81375 levels. On the other hand, any weakness near 80645-80770 further, it moves below 80540-80410 then, the Index may re-visit 80300-80205-80100-79940-79875-79775 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 11th Aug'25 stands at 1.03 with PUT open interest of 3084564 and CALL open interest of 2994968, when compared with previous day level of 0.66, 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 : Yesterday, FIIs/FPIs, turned as a net seller, they sold on the net basis to the tune of Rs.1202.65 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.5972.36 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.15221.52 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.42767.88 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.

DISCLAIMER:

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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