16.09.2025-Tuesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note at 25118.90, further moved up till 25138.45, then moved down made a low 25048.75, and closed on a negative note at 25069.20 with an intra loss 44.80 points, i.e., -0.18%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a flat  note near 25050-25085-25115 levels; if open, trade and sustain above 25115 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: Yesterday, Nifty Index opened on a flat to positive note, thereafter moved up but unable to surpass 25150, made a high 25138.45, after couple of hours consolidation, made low at 25048.75 and closed below 25080. 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 25035-24935, further weakness below 24935 then, the Index may try to re-visit 24780-24690-24620 levels in the near term. Let see how the Index opens today near 25050-25085-25115 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 54884.05 on the opening move, it made a low 54807.50 thereafter it moved up, made a high 55018.70 and closed on a positive note at 54887.85 with an intra gain 78.55 points, i.e., 0.14%, today Nifty Bank Index must move and sustain above 54910-54990-55020 levels; if to do so, then it may try to test 55075-55165-55280-55395-55500-55600 levels. On the other hand, any weakness near 54910-54990-55020 further, it moves below 54840-54810 then, the Index may re-visit 54750-54640-54520-54370-54215-54025 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 81925.51 on the opening move, it made a day high 81998.51 thereafter, it moved down, made a low  81744.70 and closed on a negative note at 81785.74 with an intra loss 118.96 points, i.e., -0.15%, today Sensex must move and sustain above 81840-81930 levels; if to do so, then it may try to re-test 82000-82095-82175-82230-82370-82510-82655 levels. On the other hand, any weakness near 81840-81930 further, it moves below 81745-81675-81640 then, the Index may re-visit 81505-81355-81160-80960-80835-80715 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 15th Sep'25 stands at 1.08 with PUT open interest of 4206965 and CALL open interest of 3884977, 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 : Yesterday, FIIs/FPIs, turned as a net seller, they sold on the net basis to the tune of Rs.1268.59 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.1933.60 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.10513.86 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.29080.62 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 Aug'25 released on 15th Sep'25-Monday, it has come moved up to the postive level  i.e., 0.52%, as against the Jul'25 level i.e.,-0.58%.

Unemployment Rate for the month of Aug'25 released on 15th Sep'25-Monday, the unemolyment rate has come down to 5.10% as against the Jul'25 level i.e., 5.20% 

Wishing you for a safe, secured and profitable trading.

DISCLAIMER:

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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