03.10.2025-Friday, 08.40 am

Good Morning all... 

What has happened on Wednesday? Nifty Index, opened on a flat to positive note at 24620.55, on opening move, it made a day low 24605.95, thereafter it moved up till 24867.95 and closed on a positive note at 24836.30 with an intra gain 225.20 points, i.e., 0.92%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open on near 24850-24815-24785 levels; if open, trade and sustain above 24850 then, the index may re-test 24880-24915-24940-24970-25020-25070 levels. On the other hand, the immediate support lies at 24745-24725 if, the Index moves below 24725 then, it may try to re-visit 24695-24655-24635-24605-24585 levels.

Special Mention: On Wednesday, Nifty Index opened on a flat to positive note, on opening move made a low 24605.95, thereafter, the strong up move lifted the index 24867.95, and closed below 24800. Today, the Nifty index must trade, sustain and closes above 24865-24915; it may continue the pull back rally to re-test 25020-25120-25195 levels in the near term. On the other hand, the immediate support seen at 24725-24585, further weakness below 24585 then, the Index may try to re-visit 24525-24405-24340 levels in the near term. Let see how the Index opens today near 24850-24815-24785 levels.

Nifty Bank Index: On Wednesday, Nifty Bank Index opened on a negative note at 54653.90, on the opening move, it made a low  54582.55 thereafter it moved up, made a high 55406.75 and closed on a positive note at 55347.95 with an intra gain 712.10 points, i.e., 1.30%, today Nifty Bank Index must move and sustain above 55360-55405-55525 levels; if to do so, then it may try to test 55660-55835-55925-56125-56330 levels. On the other hand, any weakness near 55360-55405-55525 further, it moves below 55270-55180 then, the Index may re-visit 55060-54955-54895-54815-54745-54675 levels. 

Sensex Index: On Wednesday, Sensex opened on a negative note at 80173.24 on the opening move, it made a day low 80159.90 thereafter, it moved up, made a high 81068.43 and closed on a positive note at 80983.31 with an intra gain 715.69 points, i.e., 0.89%, today Sensex must move and sustain above 80965-81070 levels; if to do so, then it may try to re-test 81200-81300-81475-81650-81825 levels. On the other hand, any weakness near 80965-81070 further, it moves below 80875-80800 then, the Index may re-visit 80730-80615-80505-80440-80375-80160 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 01st Oct'25 stands at 1.18 with PUT open interest of 2979708 and CALL open interest of 2515049, when compared with previous day level of 0.84, 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 Wednesday, FIIs/FPIs, continued as a net seller, they sold on the net basis to the tune of Rs.1605.20 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.2916.14 Cr.

For the month of Oct'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.1605.20 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.2916.14 Cr.

INDIA's Macro Data:-

On 01st Oct'25-Wednesday, the HSBC Manufacturing PMI data released for the month of Sep'25, it moved down to 57.70 from 59.30 i.e., Aug'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 01st Oct'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.

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"Investment in securites market are subect to the market risk, and consult your investment adviser before investing". The writing in the above daily market update should be taken as an information based on the various data's provided by the respective authorities. I assert that any business or investment decisions should not be based purely on the information presented in the daily market update. As a NISM certified Research Analyst, I shall 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 above daily market update.