21.08.2025-Thursday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a negative note at 24965.80, on the opening move, it made a low 24929.70 further it moved up, made a high 25088.70 and closed on a positive note at 25050.55 with an intra gain 69.90 points, i.e., 0.28%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a flat to positive note near 25050-25085-25100 levels; if open, trade and sustain above 25085 then, the index may re-test 25130-25160-25200-25240-25280 levels. On the other hand, the immediate support lies at 25030-25000-24975 if, the Index moves below 24975 then, it may try to re-visit 24935-24910-24885-24855-24825-24795 levels.

Special Mention: Yesterday, Nifty Index opened on a negative note, took support near 24935, further it moved up above 25k, made a high 25088.70 and closed above 25k. Today, the Nifty index must trade, sustain and closes above 25100-25160; it may continue the pull back rally to re-test 25250-25280-25385-25490 levels in the near term. On the other hand, the immediate support seen at 24935-24870, further weakness below 24870 then, the Index may try to re-visit 24765-24685-24560 levels in the near term. Let see how the Index opens today near 25050-25085-25100 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 55751.50 on the opening move, it made a low 55577.35 thereafter it moved up, made a high 55812.60 and closed on a negative note at 55698.50 with an intra loss 166.65 points, i.e., -0.30%, today Nifty Bank Index must move and sustain above 55780-55875 levels; if to do so, then it may try to test 55950-56060-56155-56235-56320-56405 levels. On the other hand, any weakness near 55780-55875 further, it moves below 55650-55575 then, the Index may re-visit 55530-55455-55385-55290-55200-55055-54905 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 81671.47 on the opening move, it made a day low 81494.50 thereafter, it moved up, made a high 81985.26 and closed on a positive note at 81857.84 with an intra gain 213.45 points, i.e., 0.26%, today Sensex must move and sustain above 81930-81985 levels; if to do so, then it may try to re-test 82095-82240-82390-82445 levels. On the other hand, any weakness near 81930-81985 further, it moves below 81825-81740 then, the Index may re-visit 81680-81540-81495-81405-81360-81315-81225 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 20th Aug'25 stands at 1.28 with PUT open interest of 4048483 and CALL open interest of 3172854, 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, continued  as a net seller, they sold on the net basis to the tune of Rs.1100.09 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.1806.34 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.25375.01 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.63666.49 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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