29.09.2025-Monday, 08.40 am

Good Morning all... 

What has happened on Friday? Nifty Index, opened on a negative note at 24818.55, on opening move, it made a day high 24868.80, thereafter it moved down till 24629.45 and closed on a negative note at 24654.70 with an intra loss 223.60 points, i.e., -0.90%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open on a positive note near 24675-24720-24780 levels; if open, trade and sustain above 24780 then, the index may re-test 24825-24870-24910-24945-24980-25020 levels. On the other hand, the immediate support lies at 24650-24620 if, the Index moves below 24620 then, it may try to re-visit 24585-24555-24525-24445-24405 levels.

Special Mention: On Friday, Nifty Index opened on a negative note, on opening move made a high 24868.60, thereafter. the sell-off dragged till 24629.45, and closed just above 24650. Today, the Nifty index must trade, sustain and closes above 24670-24720; it may continue the pull back rally to re-test 24780-24945-25020-25075 levels in the near term. On the other hand, the immediate support seen at 24620-24575, further weakness below 24575 then, the Index may try to re-visit 24530-24405-24340 levels in the near term. Let see how the Index opens today near  levels.

Nifty Bank Index: On Friday, Nifty Bank Index opened on a negative note at 54797.90 on the opening move, it made a high 54897 thereafter it moved down, made a low 54310.95 and closed on a negative note at 54389.35 with an intra loss 586.85 points, i.e., -1.08%, today Nifty Bank Index must move and sustain above 54490-54670 levels; if to do so, then it may try to test 54780-54890-54985-55070-55160-55250-55390-55510-55660 levels. On the other hand, any weakness near 54490-54670 further, it moves below 54310-54265 then, the Index may re-visit 54090-53955-53825-53690-53560 levels. 

Sensex Index: On Friday, Sensex opened on a negative note at 80956.01 on the opening move, it made a day high 81033.09 thereafter, it moved down, made a low 80332.41 and closed on a negative note at 80426.46 with an intra loss 733.22 points, i.e., -0.90%, today Sensex must move and sustain above 80600-80765-80995 levels; if to do so, then it may try to re-test 81200-81405-81570-81735-81465-81600-81755-81900-82070-82190-82320 levels. On the other hand, any weakness near 81600-80765-80995 further, it moves below 80330-80140 then, the Index may re-visit 79820-79740-79590-79450-79260 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 26th Sep'25 stands at 0.63 with PUT open interest of 2886834 and CALL open interest of 4591137, when compared with previous day level of 0.68, 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 seller, they sold on the net basis to the tune of Rs.5687.58 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.5843.21 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.28142.68 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.55736.08 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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