13.08.2025-Wednesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a negative note at 24563.35, on the opening move it made a high 24702.60 further it moved down, made a low 24465.65 and closed on a negative note at 24487.40 with an intra loss 97.65 points, i.e., -0.40%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open near 24475-24520-24560 levels; if open, trade and sustain above 24560 then, the index may re-test 24595-24625-24640-24675-24700-24725-24745-24775 levels. On the other hand, the immediate support lies at 24450-24420 if, the Index moves below 24420 then, it may try to re-visit 24370-24340-24300-24270 levels.

Special Mention: Yesterday, Nifty Index opened on a negative note, on opening move, it moved up sharply till 24702.60, therafter the sell-off dragged the index till our threshold support levels 24475, made a low 24465.65 and closed above 24475 levels. Today, the Nifty index must trade, sustain and closes above 24600-24720; 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 24475-24520-24560 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 55441.10 on the opening move, it made a high 55666.70 thereafter it moved down, made a low 55001.50 and closed on a negative note at 55043.70 with an intra loss 467.05 points, i.e., -0.85%,  today Nifty Bank Index must move and sustain above 55135-55215-55320 levels; if to do so, then it may try to test 55400-55480-55575-55655-55745-55830-55965 levels. On the other hand, any weakness near 55135-55215-55320 further, it moves below 55000-54905 then, the Index may re-visit 54850-54765-54610-54460 levels. 

Sensex Index: Yesterday, Sensex opened on a negative note at 80508.51 on the opening move, it made a day high 80997.67 thereafter, it moved down, made a low 80164.36 and closed on a negative note at 80235.59 with an intra loss 368.49 points, i.e., -0.46%, today Sensex must move and sustain above 80310-80480 levels; if to do so, then it may try to re-test 80620-80770-80880-80995-81185-81225-81280 levels. On the other hand, any weakness near 80310-80480 further, it moves below 80165-80105 then, the Index may re-visit 79940-79775-79615-79455 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 12th Aug'25 stands at 0.78 with PUT open interest of 2973597 and CALL open interest of 3805983, when compared with previous day level of 1.03, 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, continued as a net seller, they sold on the net basis to the tune of Rs.3398.80 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.3207.93 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.18620.32 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.45975.81 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 Jul'25 released on 12th Aug'25-Tuesday, the inflation has come down to 1.55% from Jun'25 level i.e., 2.10%.

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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