05.09.2025-Friday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note with gap up at 24980.75, made an open and high as same, unable to sustain above 24935, thereafter the sell-off dragged till 24708.20 and closed on a flat to positive note at 24734.30 with an intra gain 19.25 points, i.e., 0.08%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a flat to positive note near 24735-24750-24780 levels; if open, trade and sustain above 24780 then, the index may re-test 24805-24845-24895-24930-24980-25015-25065-25110-25150 levels. On the other hand, the immediate support lies at 24710-24690 if, the Index moves below 24690 then, it may try to re-visit 24665-24635-24600-24575-24550-24520 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note, amde a high 24980.75, unable to move up, thereafter the brief intra sell-off dragged near 24700 and closed near 24735. Today, the Nifty index must trade, sustain and closes above 24780-24935; it may continue the pull back rally to re-test 25070-25150-25250 levels in the near term. On the other hand, the immediate support seen at 24690-24580, further weakness below 24580 then, the Index may try to re-visit 24520-25405-24335 levels in the near term. Let see how the Index opens today near 24735-24750-24780 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 54379.60 on the opening move, it made a high 54450.55 thereafter it moved down, made a low 53971.85 and closed on a flat to positive note at 54075.45 with an intra gain 7.90 points, i.e., 0.01%, today Nifty Bank Index must move and sustain above 54175-54265 levels; if to do so, then it may try to test 54310-54450-54580-54705-54860-55010-55165 levels. On the other hand, any weakness near 54175-54265 further, it moves below 53970-53860 then, the Index may re-visit 53790-53700-53630-53560-53425 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 81456.67 on the opening move, it made a day high 81456.67 thereafter, it moved down, made a low 80608.94 and closed on a positive note at 80718.01 with an intra gain 150.30 points, i.e., 0.19%, today Sensex must move and sustain above 80810-80850-80930 levels; if to do so, then it may try to re-test 81030-81130-81210-81275-81360-81455-81580-81755 levels. On the other hand, any weakness near 80810-80850-80930 further, it moves below 80610-80560 then, the Index may re-visit 80455-80345-80175-80005 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 04th Sep'25 stands at 0.84 with PUT open interest of 3061141 and CALL open interest of 3629134, when compared with previous day level of 1.21, 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.106.34 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.2233.09 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.4361.99 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.11622.86 Cr.

INDIA's Macro Data:-

On 01st Sep'25-Monday, the HSBC Manufacturing PMI data released for the month of Aug'25, it moved up to 59.30 from 59.10 i.e., Jul'25. Likewise, the HSBC Services PMI data for the month of Aug'25 released on 03rd Sep'25-Wednesday, it moved up to 62.39 from 60.50 i.e., Jul'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.

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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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