23.09.2025-Tuesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a negative note at 25238.10, on opening move, it moved up and not able to surpass 25360, made a high 25331.70, thereafter the sell-off dragged till 25151.05 and closed on a negative note at 25202.35 with an intra loss 124.70 points, i.e., -0.49%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a flat note near 25220-25200-25155 levels; if open, trade and sustain above 25220 then, the index may re-test 25240-25265-25300-25330-25360-25380-25420-25450 levels. On the other hand, the immediate support lies at 25140-25095 if, the Index moves below 25095 then, it may try to re-visit 25050-25020-24980-24955-24925 levels.

Special Mention: Yestrerday, Nifty Index opened on a negative note, unable to surpass above 25360, made a high 25331.70, thereafter moved down, made a low 25151.05 and closed just above 25200. Today, the Nifty index must trade, sustain and closes above 25360-25450; it may continue the pull back rally to re-test 25530-25615 levels in the near term. On the other hand, the immediate support seen at 25150-25050, further weakness below 25050 then, the Index may try to re-visit 25000-24845-24750 levels in the near term. Let see how the Index opens today near 25220-25200-25155 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 55429.30 on the opening move, it made a high 55666.35 thereafter it moved down made a low 55215.60 and closed on a negative note at 55284.75 with an intra loss 174.10 points, i.e., -0.31%, today Nifty Bank Index must move and sustain above 55330-55385 levels; if to do so, then it may try to test 55440-55535-55665-55715-55790-55835 levels. On the other hand, any weakness near 55330-55385 further, it moves below 55215-55180 then, the Index may re-visit 55105-55025-54905-54780-54700 levels. 

Sensex Index: Yesterday, Sensex opened on a negative note at 82151.07 on the opening move, it made a day high 82583.16 thereafter, it moved down made a low 81997.29 and closed on a negative note at 82159.97 with an intra loss 466.26 points, i.e., -0.56%, today Sensex must move and sustain above 82225-82350 levels; if to do so, then it may try to re-test 82435-82510-82580-82740-82805-82895-83010-83140 levels. On the other hand, any weakness near 82225-82350 further, it moves below 82200-81950 then, the Index may re-visit 81810-81670-81565-81445 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 22nd Sep'25 stands at 0.72 with PUT open interest of 3383194 and CALL open interest of 4676928, when compared with previous day level of 0.94, 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.2910.09 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.2582.63 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.13482.74 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.40907.31 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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