09.09.2025-Tuesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note at 24802.50, further moved up and made a high 24885.50, thereafter the sell-off dragged till 24751.55 and closed on a positive note at 24773.15 with an intra gain 32.15 points, i.e., 0.13%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a positive note near 24800-24845 levels; if open, trade and sustain above 24845 then, the index may re-test 24885-24900-24935-24965-24995-25030-25055-25095-25155 levels. On the other hand, the immediate support lies at 24780-24750 if, the Index moves below 24750 then, it may try to re-visit 24725-24695-24665-24630-24600-24575-24545-24520 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note, made a high 24885.50, unable to move above 24890, thereafter the last hour brief intra sell-off dragged till 24751.55 and closed below 24780. Today, the Nifty index must trade, sustain and closes above 24790-24935; 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 24620-24580, 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 24800-24845 levels.

Nifty Bank Index: Yeserday, Nifty Bank Index opened on a positive note at 54215.40 on the opening move, it made a high 54518.70 thereafter it moved down, made a low 54067.15 and closed on a positive note at 54186.90 with an intra gain 72.35 points, i.e., 0.13%, today Nifty Bank Index must move and sustain above 54240-54340 levels; if to do so, then it may try to test 54420-54520-54550-54640-54705-54860-55000-55165 levels. On the other hand, any weakness near 54240-54340 further, it moves below 54135-54065 then, the Index may re-visit 53930-53855-53790-53675-53560 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 80904.40 on the opening move, it made a day high 81171.38 thereafter, it moved down, made a low 80733.07 and closed on a positive note at 80787.30 with an intra gain 76.54 points, i.e., 0.09%, today Sensex must move and sustain above 80900-81020-81170 levels; if to do so, then it may try to re-test 81290-81325-81455-81500-81600-81695-81820-81945 levels. On the other hand, any weakness near 80900-81020-81170 further, it moves below 80735-80670 then, the Index may re-visit 80590-80455-80320-80175-80005 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 08th Sep'25 stands at 0.95 with PUT open interest of 3940247 and CALL open interest of 4138229, when compared with previous day level of 0.86, 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.2170.35 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.3014.30 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.7837.25 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.16458.39 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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