19.08.2025-Tuesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note at 24938.20, on the opening move, it made a high 25022 further it moved down, made a low 24852.85 and closed on a positive note at 24876.95 with an intra gain 245.65 points, i.e., 1.00%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open near 24850-24885-24915 levels; if open, trade and sustain above 24915 then, the index may re-test 24945-24970-25000-25020-25050-25095-25125-25160 levels. On the other hand, the immediate support lies at 24820-24790 if, the Index moves below 24790 then, it may try to re-visit 24765-24735-24680-24640-24600-24560 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note with gap up, moved tiill 25022, but unable to sustain above 24980, thereafter the minor sell-off dragged till 24852.85 and closed below 24955-24980 levels. Today, the Nifty index must trade, sustain and closes above 24980-25000; it may continue the pull back rally to re-test 25160-25250-25385 levels in the near term. On the other hand, the immediate support seen at 24820-24700, further weakness below 24700 then, the Index may try to re-visit 24600-24495-24335 levels in the near term. Let see how the Index opens today near 24850-24885-24915 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 55940.40 on the opening move, it made a low 55647.65 thereafter it moved up, made a high 56156.30 and closed on a positive note at 55734.90 with an intra gain 393.05 points, i.e., 0.71%,  today Nifty Bank Index must move and sustain above 55840-55900-55960 levels; if to do so, then it may try to test 56045-56155-56235-56320-56405 levels. On the other hand, any weakness near 55840-55900-55960 further, it moves below 55690-55645-55530 then, the Index may re-visit 55455-55385-55290-55200-55055-54905 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 81315.79 on the opening move, it made a day high 81765.77 thereafter, it moved down, made a low 81202.42 and closed on a positive note at 81273.75 with an intra gain 676.09 points, i.e., 0.84%, today Sensex must move and sustain above 81335-81515 levels; if to do so, then it may try to re-test 81600-81765-81860-81920-81980-82095-82240 levels. On the other hand, any weakness near 81335-81515 further, it moves below 81250-81200-81115 then, the Index may re-visit 80960-80865-80770-80615-80465 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 18th Aug'25 stands at 1.00 with PUT open interest of 2644326 and CALL open interest of 2653250, when compared with previous day level of 0.96, 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 buyer, they bought on the net basis to the tune of Rs.550.85 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.4103.81 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.23640.66 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.59599.09 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.

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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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