26.09.2025-Friday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a negative note at 25034.50, on opening move, it made a day high 25092.70, thereafter it moved down till 24878.30 and closed on a negative note at 24890.85 with an intra loss 166.05 points, i.e., -0.66%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open a flat to negative note near 24865-24820 levels; if open, trade and sustain above 24865 then, the index may re-test 24925-24960-24990-25005-25030-2565-25095-25140 levels. On the other hand, the immediate support lies at 24800-24765 if, the Index moves below 24765 then, it may try to re-visit 24725-24690-24650-24620-24585 levels.

Special Mention: Yestrerday, Nifty Index opened on a negative note, on opening move made a high 25092.70, thereafter. the sell-off dragged till 24878.30, and closed just wel below 24925. Today, the Nifty index must trade, sustain and closes above 25150-25225; it may continue the pull back rally to re-test 25330-25450-25530 levels in the near term. On the other hand, the immediate support seen at 24800-24725, further weakness below 24725 then, the Index may try to re-visit 24650-24620-24530-24405 levels in the near term. Let see how the Index opens today near 24865-24820 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 55061.65 on the opening move, it made a high 55276.65 thereafter it moved down, made a low 54903.50 and closed on a negative note at 54976.20 with an intra loss 145.30 points, i.e., -0.26%, today Nifty Bank Index must move and sustain above 55045-55165 levels; if to do so, then it may try to test 55205-55345-55435-55530-55600-55640-55745-55835 levels. On the other hand, any weakness near 55045-55165 further, it moves below 54905-54800 then, the Index may re-visit 54700-54635-54565-54430-54265 levels. 

Sensex Index: Yesterday, Sensex opened on a negative note at 81574.31 on the opening move, it made a day high 81840.73 thereafter, it moved down, made a low 81092.89 and closed on a negative note at 81159.68 with an intra loss 555.95 points, i.e., -0.68%, today Sensex must move and sustain above 81270-81380 levels; if to do so, then it may try to re-test 81465-81600-81755-81840-82045-82120-82360 levels. On the other hand, any weakness near 81270-81380 further, it moves below 81090-80980 then, the Index may re-visit 80890-80775-80655-80540-80425-80320 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 25th Sep'25 stands at 0.68 with PUT open interest of 2653590 and CALL open interest of 3895909, when compared with previous day level of 0.87, 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, continued as a net seller, they sold on the net basis to the tune of Rs.4995.42 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.5103.01 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.22455.10 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.49892.87 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.

Research Analyst Disclaimer: Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.