30.09.2025-Monday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note at 24728.55, on opening move, it made a day high 24791.60, thereafter it moved down till 24606.20 and closed on a negative note at 24634.90 with an intra loss 19.80 points, i.e., -0.08%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open on a flat note near 24620-24650-24690 levels; if open, trade and sustain above 24690 then, the index may re-test 24720-24745-24770-24790-24812-24855-24895-24935-24980 levels. On the other hand, the immediate support lies at 24600-24570 if, the Index moves below 24570 then, it may try to re-visit 24555-24525-24445-24405 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note with gap up , on opening move made a high 24791.30, thereafter, the sell-off dragged till 24606.20, and closed below 24650. Today, the Nifty index must trade, sustain and closes above 24760-24850; it may continue the pull back rally to re-test 24935-25070-25120 levels in the near term. On the other hand, the immediate support seen at 24600-24570, further weakness below 24570 then, the Index may try to re-visit 24525-24405-24340 levels in the near term. Let see how the Index opens today near 24620-24650-24690 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 54460.40, on the opening move, it made a high 54686.05 thereafter it moved down, made a low 54226.60 and closed on a positive note at 54461 with an intra gain 71.65 points, i.e., 0.13%, today Nifty Bank Index must move and sustain above 54550-54670 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 54550-54670 further, it moves below 54385-54335 then, the Index may re-visit 54225-54100-54965-53830-53690-53560 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 80588.70 on the opening move, it made a day high 80851.38 thereafter, it moved down, made a low 80248.84 and closed on a negative note at 80364.94 with an intra loss 61.52 points, i.e., -0.08%, today Sensex must move and sustain above 80430-80480 levels; if to do so, then it may try to re-test 80550-80640-80735-81805-80865-80940-81035-81140-81350 levels. On the other hand, any weakness near 80430-80480 further, it moves below 80300-80250 then, the Index may re-visit 80150-79945-79740-79590-79450-79260 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 29th Sep'25 stands at 0.71 with PUT open interest of 3361125 and CALL open interest of 4713921, when compared with previous day level of 0.63, 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.2831.59 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.3845.87 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.30974.27 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.59581.95 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 Aug'25 released on 29th Sep'25-Monday, the Industrial production has come down to 4.00%; when compared to the Jul'25 level, i.e., 4.30%. 

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.