01.10.2025-Wednesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note at 24691.95, on opening move, it made a day high 24731.80, thereafter it moved down till 24587.0 and closed on a negative note at 24611.10 with an intra loss 23.80 points, i.e., -0.10%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open on a flat note near 24575-24600-24655 levels; if open, trade and sustain above 24655 then, the index may re-test 24695-24730-24760-24785-24835-24870-24915-24965-25020 levels. On the other hand, the immediate support lies at 24545-24525 if, the Index moves below 24525 then, it may try to re-visit 24495-24470-24435-24405 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note, on opening move made a high 24731.80, thereafter, the sell-off dragged till 24587.70, and closed below 24620. Today, the Nifty index must trade, sustain and closes above 24695-24790; it may continue the pull back rally to re-test 24915-25020-25195 levels in the near term. On the other hand, the immediate support seen at 24570-24525, further weakness below 24525 then, the Index may try to re-visit 24405-24340 levels in the near term. Let see how the Index opens today near 24575-24600-24655 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 54705.50, on the opening move, it made a high 54793.02 thereafter it moved down, made a low 54502.95 and closed on a positive note at 54635.85 with an intra gain 174.85 points, i.e., 0.32%, today Nifty Bank Index must move and sustain above 54715-54795 levels; if to do so, then it may try to test 54870-54890-54935-55030-55125-55220-55365-55490-55570 levels. On the other hand, any weakness near 54715-54795 further, it moves below 54540-54500 then, the Index may re-visit 54415-54225-54100-53960-53830 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 80541.77 on the opening move, it made a day high 80677.82 thereafter, it moved down, made a low 80201.15 and closed on a negative note at 80267.62 with an intra loss 97.32 points, i.e., -0.12%, today Sensex must move and sustain above 80385-80500 levels; if to do so, then it may try to re-test 80575-80675-80715-81790-80855-80940-81035-81140-81325 levels. On the other hand, any weakness near 80385-80500 further, it moves below 80200-80140 then, the Index may re-visit 79945-79740-79590-79450-79260 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 30th Sep'25 stands at 0.84 with PUT open interest of 3701633 and CALL open interest of 4381259, when compared with previous day level of 0.71, 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.2327.09 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.5761.63 Cr.

For the month of Sep'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.33301.36 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.65343.58 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.

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