06.10.2025-Monday, 08.40 am

Good Morning all... 

What has happened on Friday? Nifty Index, opened on a negative note at 24759.55, on opening move, it made a day low 24747.55, thereafter it moved up till 24904.80 and closed on a positive note at 24894.25 with an intra gain 57.95 points, i.e., 0.23%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open on near 24900-24860-24825 levels; if open, trade and sustain above 24900 then, the index may re-test 24915-24940-24970-25020-25070-25120 levels. On the other hand, the immediate support lies at 24805-24785 if, the Index moves below 24785 then, it may try to re-visit 24750-24725-24705-24660 levels.

Special Mention: On Friday, Nifty Index opened on a negative note, on opening move, it took support near 24745, made a low 24747.55, thereafter, the strong up move lifted the index till 24904.80, and closed below 24865. Today, the Nifty index must trade, sustain and closes above 24915-24965; 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 24810-24745, further weakness below 24745 then, the Index may try to re-visit 24660-24525-24405 levels in the near term. Let see how the Index opens today near 24900-24860-24825 levels.

Nifty Bank Index: On Friday, Nifty Bank Index opened on a negative note at 55182.60, on the opening move, it made a low  55177 thereafter it moved up, made a high 55616.45 and closed on a positive note at 55589.25 with an intra gain 241.30 points, i.e., 0.44%, today Nifty Bank Index must move and sustain above 55615-55650-55735 levels; if to do so, then it may try to test 55835-55925-56125-56330-56435 levels. On the other hand, any weakness near 55615-55650-55735 further, it moves below 55565-55485 then, the Index may re-visit 55320-55210-55175-55085-55000-54920-54760 levels. 

Sensex Index: On Friday, Sensex opened on a negative note at 80684.14 on the opening move, it made a day low 80649.57 thereafter, it moved up, made a high 81251.99 and closed on a positive note at 81207.17 with an intra gain 223.86 points, i.e., 0.28%, today Sensex must move and sustain above 81250-81280 levels; if to do so, then it may try to re-test 81345-81415-81585-81755-81825-81920 levels. On the other hand, any weakness near 81250-81280 further, it moves below 81075-80920 then, the Index may re-visit 80880-80790-80650-80495-80320 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 03rd Oct'25 stands at 1.17 with PUT open interest of 3984779 and CALL open interest of 3399387, when compared with previous day level of 1.18, 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.1583.37 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.489.76 Cr.

For the month of Oct'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.3188.57 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.3405.90 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.

DISCLAIMER:

"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.