28.08.2025-Thursday, 08.40 am

Good Morning all... 

What has happened on Tuesday? Nifty Index, opened on a negative note at 24899.50 on the opening move, it made a high 24919.65 further it moved up, made a low 24689.60 and closed on a negative note at 24712.05 with an intra loss 255.70 points, i.e., -1.02%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a negative note near 24700-24650 levels; if open, trade and sustain above 24700 then, the index may re-test 24740-24770-24805-24840-24870-24900-24930-24960 levels. On the other hand, the immediate support lies at 24625-24590 if, the Index moves below 24590 then, it may try to re-visit 24560-24530-54500-24465-24430 levels.

Special Mention: On Tuesday, Nifty Index opened on a negative note, unable to sustain abovee 24900, further moved down till 24689.60 and closed just above 24705. Today, the Nifty index must trade, sustain and closes above 24800-25020; it may continue the pull back rally to re-test 25155-25250 levels in the near term. On the other hand, the immediate support seen at 24650-24585, further weakness below 24585 then, the Index may try to re-visit 24530-24435 levels in the near term. Let see how the Index opens today near   levels.

Nifty Bank Index: On Tuesday, Nifty Bank Index opened on a negative note at 54999.05 on the opening move, it made a high 55068.90 thereafter it moved down, made a low 54936.10 and closed on a negative note at 54450.45 with an intra loss 688.85 points, i.e., -1.27%, today Nifty Bank Index must move and sustain above 54545-54650 levels; if to do so, then it may try to test 54730-54810-54870-54990-55070-55170 levels. On the other hand, any weakness near 54545-54650 further, it moves below 54395-54210 then, the Index may re-visit 54055-53970-53890-53750-53600-53390 levels. 

Sensex Index: On Tuesday, Sensex opened on a negative note at 81377.39 on the opening move, it made a day high 81450.28  thereafter, it moved down, made a low 80685.98 and closed on a negative note at 80786.54 with an intra loss 849.37 points, i.e., -1.04%, today Sensex must move and sustain above 81065-80975 levels; if to do so, then it may try to re-test 81065-81150-81225-81360-81450-81510 levels. On the other hand, any weakness near 81065-80975 further, it moves below 80685-80530 then, the Index may re-visit 80440-80350-80240-80150-80060 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 26th Aug'25 stands at 0.72 with PUT open interest of 2642374 and CALL open interest of 3666707, when compared with previous day level of 0.88, 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 Tuesday, FIIs/FPIs, continued as a net seller, they sold on the net basis to the tune of Rs.6516.49 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.7060.37 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.34733.75 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.76120.57 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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