What has happened on Friday? Nifty Index, opened on a flat to negative note at 25410.20, unable to surpass 25450, made a high 25428.75, thereafter the sell-off dragged till 25286.30 and closed on a negative note at 25327.05 with an intra loss 96.55 points, i.e., -0.38%.
What will happen today?
Nifty Index: Today, we expect the Nifty may open a negative note near 25305-25285-25250 levels; if open, trade and sustain above 25305 then, the index may re-test 25340-25360-25385-25430-25450 levels. On the other hand, the immediate support lies at 25225-25200 if, the Index moves below 25200 then, it may try to re-visit 25170-25140-25095-25050-24990 levels.
Special Mention: On Friday, Nifty Index opened on a flat note, unable to surpass above 25450, made a high 25428.75, thereafter moved down, made a low 25286.30 and closed just below 25330. Today, the Nifty index must trade, sustain and closes above 25450-25520; it may continue the pull back rally to re-test 25615-25760 levels in the near term. On the other hand, the immediate support seen at 25250-25145, further weakness below 25145 then, the Index may try to re-visit 25000-24845-24750 levels in the near term. Let see how the Index opens today near 25305-25285-25250levels.
Nifty Bank Index: On Friday, Nifty Bank Index opened on a negative note at 55647.95 on the opening move, it made a high 55688.95 thereafter it moved down made a low 55355.30 and closed on a negative note at 55458.85 with an intra loss 268.60 points, i.e., -0.48%, today Nifty Bank Index must move and sustain above 55535-55590 levels; if to do so, then it may try to test 55690-55780-55835-55895 levels. On the other hand, any weakness near55535-55590 further, it moves below 55415-55355 then, the Index may re-visit 55305-55245-55180-55105-55030-54900 levels.
Sensex Index: On Friday, Sensex opened on a negative note at 82946.04 on the opening move, it made a day high 82978.63 thereafter, it moved down made a low 82482.92 and closed on a negative note at 82626.23 with an intra loss 387.73 points, i.e., -0.47%, today Sensex must move and sustain above 82675-82745 levels; if to do so, then it may try to re-test 82835-82895-82920-82980-83070-83140-83225 levels. On the other hand, any weakness near 82675-82745 further, it moves below 82555-82485 then, the Index may re-visit 82360-82360-82280-82175-82075-81995-81910 levels.
PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 19th Sep'25 stands at 0.94 with PUT open interest of 3428792 and CALL open interest of 3648835, when compared with previous day level of 1.16, 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, continued as a net buyer, they bought on the net basis to the tune of Rs.390.74 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.2105.22 Cr.
For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.10572.65 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.38324.68 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.
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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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