10.09.2025-Wednesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note at 24864.10, further moved down till 24810, made a low 24814, thereafter it moved up till 24891.80 and closed on a positive note at 24868.60 with an intra gain 95.45 points, i.e., 0.39%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a positive note near 24890-24935 levels; if open, trade and sustain above 24935 then, the index may re-test 24965-24995-25030-25055-25095-25155 levels. On the other hand, the immediate support lies at 24845-24810 if, the Index moves below 24810 then, it may try to re-visit 24780-24750-24725-24690-24655-24625-24585 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note, made a low 24814, after a couple of hours consolidation it moved up till 24891.60 and closed at 24868.60. Today, the Nifty index must trade, sustain and closes above 24935-24995; 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 24750-24690, further weakness below 24690 then, the Index may try to re-visit 24580-24520-24405 levels in the near term. Let see how the Index opens today near 24890-24935 levels.

Nifty Bank Index: Yeserday, Nifty Bank Index opened on a positive note at 54330.55 on the opening move, it made a high 54350.65 thereafter it moved down, made a low 54079.45 and closed on a positive note at 54216.10 with an intra gain 29.20 points, i.e., 0.05%, today Nifty Bank Index must move and sustain above 54290-54350 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 54290-54350 further, it moves below 54145-54080 then, the Index may re-visit 54000-53925-53865-53790-53675-53560 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 81126.69 on the opening move, it made a day low 80927.97 thereafter, it moved up, made a high 81181.37 and closed on a positive note at 81101.32 with an intra gain 314.02 points, i.e., 0.39%, today Sensex must move and sustain above 81180-81250 levels; if to do so, then it may try to re-test 81280-81390-81500-81600-81695-81820-81945-82080-82230 levels. On the other hand, any weakness near 81180-81250 further, it moves below 80930-80860 then, the Index may re-visit 80755-80670-80590-80455-80320-80175-80005 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 09th Sep'25 stands at 1.13 with PUT open interest of 4635470 and CALL open interest of 4099524, 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, turned as a net buyer, they bought on the net basis to the tune of Rs.2050.46 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.83.08 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.5786.79 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.16541.47 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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