14.08.2025-Thursday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note at 24586.20, on the opening move, it made a low 24535.25 further it moved up, made a high 24664.55 and closed on a positive note at 24619.35 with an intra gain 131.95 points, i.e., 0.54%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open near 24595-24625-24665 levels; if open, trade and sustain above 24665 then, the index may re-test 24700-24725-24745-24775-24825 levels. On the other hand, the immediate support lies at 24565-24535 if, the Index moves below 24535 then, it may try to re-visit 24505-24475-24425-24390-24360-24335 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note, on opening move, it took support at 24535, further moved up above our threshold resistance levels i.e., 26640, made an inside day pattern i.e., not broken previous sessions high and low levels and closed below 24640 levels. Today, the Nifty index must trade, sustain and closes above 24665-24700; 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 24500-24475, further weakness below 24475 then, the Index may try to re-visit 24425-24345-24170 levels in the near term. Let see how the Index opens today near 24595-24625-24665 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 55340.05 on the opening move, it made a high 55340.05 thereafter it moved down, made a low 55026.95 and closed on a positive note at 55181.45 with an intra gain 137.25 points, i.e., 0.25%,  today Nifty Bank Index must move and sustain above 55270-55340 levels; if to do so, then it may try to test 55405-55480-55575-55655-55745-55830-55965 levels. On the other hand, any weakness near 55270-55340 further, it moves below 55145-55055-55025 then, the Index may re-visit 54940-54900-54830-54765-54610 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 80492.17 on the opening move, it made a day low 80319 thereafter, it moved up, made a high 80638.74 and closed on a positive note at 80539.91 with an intra gain 304.32 points, i.e., 0.38%, today Sensex must move and sustain above 80575-80685 levels; if to do so, then it may try to re-test 80770-80880-80995-81185-81225-81280 levels. On the other hand, any weakness near 80575-80685 further, it moves below 80500-80455-80360 then, the Index may re-visit 80310-80220-80105-79940-79860-79770 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 13th Aug'25 stands at 1.08 with PUT open interest of 3908782 and CALL open interest of 3629095, when compared with previous day level of 0.78, 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.3644.43 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.5623.79 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.2224.75 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.51599.60 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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