01.09.2025-Monday, 08.40 am

Good Morning all... 

What has happened on Friday? Nifty Index, opened on a negative note at 24466.70 on the opening move, it made a high 24572.45 further it moved down, made a low 24404.70 and closed on a negative note at 24426.85 with an intra loss 74.05 points, i.e., -0.30%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a flat to positive note near 24425-24445-24470 levels; if open, trade and sustain above 24470 then, the index may re-test 24495-24525-24550-24580-24620-24655-24690 levels. On the other hand, the immediate support lies at 24405-24385 if, the Index moves below 24385 then, it may try to re-visit 24335-24295-24250-24210-24165 levels.

Special Mention: On Friday, Nifty Index opened on a negative note, unable to sustain above 24570, further moved down till our threshold support zone i.e., 24435-24385, made a low 24404.70 and closed below 24435. Today, the Nifty index must trade, sustain and closes above 24480-24550; it may continue the pull back rally to re-test 24580-24690-24780-24935 levels in the near term. On the other hand, the immediate support seen at 24400-24385-24340, further weakness below 24340 then, the Index may try to re-visit 24165-24115-23935 levels in the near term. Let see how the Index opens today near 24425-24445-24470 levels.

Nifty Bank Index: On Friday, Nifty Bank Index opened on a negative note at 53660.45 on the opening move, it made a high 54086 thereafter it moved down, made a low 53606.45 and closed on a negative note at 53655.65 with an intra loss 164.70 points, i.e., -0.31%, today Nifty Bank Index must move and sustain above 53720-53790 levels; if to do so, then it may try to test 53840-53945-54040-54085-54210-54395 levels. On the other hand, any weakness near 53720-53790 further, it moves below 53605-53475 then, the Index may re-visit 53390-53240-53165-52890 levels. 

Sensex Index: On Friday, Sensex opened on a negative note at 80080.57 on the opening move, it made a day high 80310.74 thereafter, it moved down, made a low 79741.76 and closed on a negative note at 79809.65 with an intra loss 270.92 points, i.e., -0.34%, today Sensex must move and sustain above 79875-79960 levels; if to do so, then it may try to re-test 80090-80145-80250-80310-80525-80770 levels. On the other hand, any weakness near 79875-79960 further, it moves below 79740-79590 then, the Index may re-visit 79430-79250-79365-78970 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 29th Aug'25 stands at 0.71 with PUT open interest of 2598849 and CALL open interest of 3654869, when compared with previous day level of 0.74, 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 Friday, FIIs/FPIs, continued as a net seller, they sold on the net basis to the tune of Rs.8312.66 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.11487.64 Cr.

For the month of Aug'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.46902.92 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.94528.55 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 Q1 ending Jun'25 released on 29th Aug'25-Friday, the GDP has moved up to 7.80% Vs.7.40% (Q4-Mar'25).

IIP data for Jul'25 released on 28th Aug'25-Thursday, the Industrial production has gone up to 3.50%; when compared to the Jun'25 level, i.e., 1.50%. 

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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