20.08.2025-Wednesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a flat to positive note at 24891.35, on the opening move, it made a low 24873.95 further it moved up, made a high 25012.65 and closed on a positive note at 24980.65 with an intra gain 103.70 points, i.e., 0.42%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open near 24970-24935-24905 levels; if open, trade and sustain above 24970 then, the index may re-test 24990-25020-25050-25095-25125-25160 levels. On the other hand, the immediate support lies at 24875-24845 if, the Index moves below 24845 then, it may try to re-visit 24820-24790-24760-24735-24705-24680 levels.

Special Mention: Yesterday, Nifty Index opened on a flat to  positive note, took support near 24875, further it moved up till 25k, but unable to sustain above 25020, made an inside day pattern i.e, not broken the previous day high or low levels and  and closed just at 24980.65. Today, the Nifty index must trade, sustain and closes above 24980-25020; 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 24970-24935-24905 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 55622.30 on the opening move, it made a low 55608.15 thereafter it moved up, made a high 56965.55 and closed on a positive note at 55865.15 with an intra gain 130.25 points, i.e., 0.23%, today Nifty Bank Index must move and sustain above 55885-55965 levels; if to do so, then it may try to test 56060-56155-56235-56320-56405 levels. On the other hand, any weakness near 55885-55965 further, it moves below 55725-55610 then, the Index may re-visit 55530-55455-55385-55290-55200-55055-54905 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 81319.11 on the opening move, it made a day low 81315.44 thereafter, it moved up, made a high 81755.88 and closed on a positive note at 81644.39 with an intra gain 370.64 points, i.e., 0.46%, today Sensex must move and sustain above 81700-81765 levels; if to do so, then it may try to re-test 81875-81920-81980-82095-82240 levels. On the other hand, any weakness near 81700-81765 further, it moves below 81535-81450 then, the Index may re-visit 81385-81270-81190-81115-80960-80865 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 19th Aug'25 stands at 1.14 with PUT open interest of 3306475 and CALL open interest of 2898263, when compared with previous day level of 1.00, 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.634.26 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.2261.06 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.24274.92 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.61860.15 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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