11.09.2025-Thursday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note at 24991, further moved up and made a high 25035.70,  thereafter it moved down till 24915.05 and closed on a positive note at 24973.10 with an intra gain 104.50 points, i.e., 0.42%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a flat note near 24960-24990 levels; if open, trade and sustain above 24990 then, the index may re-test 25020-25055-25070-25100-25155-25195 levels. On the other hand, the immediate support lies at 24945-24915 if, the Index moves below 24915 then, it may try to re-visit 24880-24855-24830-24780-24750-24720 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note, took support near 24935, then moved up till our threshold resistance levels i.e, 25050, made a high 25035.70, further the last hour sell-off dragged down and made a low 24915.05 and closed at 24973.10. Today, the Nifty index must trade, sustain and closes above 25050-25080; it may continue the pull back rally to re-test 25150-25250-25355 levels in the near term. On the other hand, the immediate support seen at 24935-24780, further weakness below 24780 then, the Index may try to re-visit 24690-24580-24520-24405 levels in the near term. Let see how the Index opens today near 24960-24990 levels.

Nifty Bank Index: Yeserday, Nifty Bank Index opened on a positive note at 54554.75 on the opening move, it made a low 54400 thereafter it moved down, made a high 54705 and closed on a positive note at 54536 with an intra gain 319.90 points, i.e., 0.59%, today Nifty Bank Index must move and sustain above 54610-54705 levels; if to do so, then it may try to test 54785-54860-55010-55165-55280-55395 levels. On the other hand, any weakness near 54610-54705 further, it moves below 54470-54430-54400 then, the Index may re-visit 54370-54270-54135-54065-53995-53830-53700 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 81504.36 on the opening move, it made a day high 81634.88 thereafter, it moved down, made a low 81235.42 and closed on a positive note at 81425.15 with an intra gain 319.90 points, i.e., 0.59%, today Sensex must move and sustain above 81480-81525 levels; if to do so, then it may try to re-test 81595-81645-81695-81820-81950-82090-82230 levels. On the other hand, any weakness near 81480-81525 further, it moves below 81390-81330 then, the Index may re-visit 81235-81140-80980-80825-80730-80635 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 10th Sep'25 stands at 1.15 with PUT open interest of 2922376 and CALL open interest of 2536933, when compared with previous day level of 1.13, 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 seller, they sold on the net basis to the tune of Rs.115.69 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.5004.29 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.5902.48 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.21545.76 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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