What has happened on Friday? Nifty Index, opened on a positive note at 25074.45, further took support at 25038.05, then moved up and made a high 25139.45, and closed on a positive note at 25114 with an intra gain 108.50 points, i.e., 0.43%.
What will happen today?
Nifty Index: Today, we expect the Nifty may open a flat to negative note near 25110-25095-25075 levels; if open, trade and sustain above 25110 then, the index may re-test 25150-25195-25220-25250-25285-25320-25355 levels. On the other hand, the immediate support lies at 25035-24995 if, the Index moves below 24995 then, it may try to re-visit 24965-24935-24900-24865-24825-24780 levels.
Special Mention: On Friday, Nifty Index opened on a positive note, took support near 25035 made a low 25038.05, then moved up near our threshold resistance levels i.e, 25150, made a high 25139.45 and closed 25114. Today, the Nifty index must trade, sustain and closes above 25150-25245; it may continue the pull back rally to re-test 25280-25355-25385-25520 levels in the near term. On the other hand, the immediate support seen at 24985-24845, further weakness below 24820 then, the Index may try to re-visit 24725-24690-24620 levels in the near term. Let see how the Index opens today near 25110-25095-25075levels.
Nifty Bank Index: On Friday, Nifty Bank Index opened on a positive note at 54781.55 on the opening move, it made a low 54580.35 thereafter it moved up, made a high 54852.25 and closed on a positive note at 54809.30 with an intra gain 139.70 points, i.e., 0.26%, today Nifty Bank Index must move and sustain above 54860-54925 levels; if to do so, then it may try to test 55010-55165-55280-55395-55500-55600 levels. On the other hand, any weakness near54860-54925 further, it moves below 54750-54685 then, the Index may re-visit 54480-54360-54205-54055-53960-53865 levels.
Sensex Index: On Friday, Sensex opened on a positive note at 81548.73 on the opening move, it made a day low 81641.38 thereafter, it moved up, made a high 81992.85 and closed on a positive note at 81904.70 with an intra gain 355.97 points, i.e., 0.44%, today Sensex must move and sustain above 81990-82090 levels; if to do so, then it may try to re-test 82175-82230-82370-82510-82655 levels. On the other hand, any weakness near 81990-82090 further, it moves below 81775-81640 then, the Index may re-visit 81505-81355-81155-80960-80835-80715 levels.
PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 12th Sep'25 stands at 1.29 with PUT open interest of 4136009 and CALL open interest of 3210816, when compared with previous day level of 1.17, 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, turned as a net buyer, they bought on the net basis to the tune of Rs.129.58 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.1556.02 Cr.
For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.9245.27 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.27147.32 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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