18.08.2025-Monday, 08.40 am

Good Morning all... 

What has happened on Thursday? Nifty Index, opened on a negative note at 24607.25, on the opening move, it made a high 24673.65 further it moved down, made a low 24596.90 and closed on a positive note at 24631.30 with an intra gain 11.95 points, i.e., 0.05%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open near 24645-24675-24700 levels; if open, trade and sustain above 24700 then, the index may re-test 24725-24745-24775-24825-24855-24885-24920-24955 levels. On the other hand, the immediate support lies at 24595-24575 if, the Index moves below 24575 then, it may try to re-visit 24530-24475-24425-24390-24360-24335 levels.

Special Mention: On Thursday, Nifty Index opened on a flat to positive note, on opening move, it took support near 24600, further moved up above our threshold resistance levels i.e., 26640, made a high 24673.65, thereafter the laast hour mild sell-off dragged the index till our support levels i.e., 24595 and closed below 24640 levels. Today, the Nifty index must trade, sustain and closes above 24700-24775; it may continue the pull back rally to re-test 24880-24955-24980 levels in the near term. On the other hand, the immediate support seen at 24575-24475, 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 24645-24675-24700 levels.

Nifty Bank Index: On Thursday, Nifty Bank Index opened on a negative note at 55181.45 on the opening move, it made a low 55074.30 thereafter it moved up, made a high 55472.80 and closed on a positive note at 55341.85 with an intra gain 160.40 points, i.e., 0.29%,  today Nifty Bank Index must move and sustain above 55410-55490-55580 levels; if to do so, then it may try to test 55655-55745-55830-55965-56085-56235-56400 levels. On the other hand, any weakness near 55410-55490-55580 further, it moves below 55330-55225 then, the Index may re-visit 55170-55075-54965-54905-54830-54765 levels. 

Sensex Index: On Thursday, Sensex opened on a negative note at 80539.91 on the opening move, it made a day high 80751.18 thereafter, it moved down, made a low 80489.86 and closed on a positive note at 80597.66 with an intra gain 57.75 points, i.e., 0.07%, today Sensex must move and sustain above 80685-80750-80820 levels; if to do so, then it may try to re-test 80900-81075-81185-81250-81425-81570 levels. On the other hand, any weakness near 80685-80750-80820 further, it moves below 80590-80490 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 14th Aug'25 stands at 0.96 with PUT open interest of 4080741 and CALL open interest of 4234179, when compared with previous day level of 1.08, 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 Thursday, FIIs/FPIs, continued as a net seller, they sold on the net basis to the tune of Rs.1926.76 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.3895.68 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.24191.51 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.55495.28 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 Jul'25 released on 14th Aug'25-Thursday, it has come down further to the negative side i.e., -0.58% as against the Jun'25 level i.e.,-0.13%.

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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