What has happened yesterday? Nifty Index, opened on a negative note at 25079.75, on opening move, it made a day high 25192.50, thereafter it moved down till 25008.50 and closed on a negative note at 25046.15 with an intra loss 62.15 points, i.e., -0.25%.
What will happen today?
Nifty Index: Today, we expect the Nifty may open on near 25020-25080-25135 levels; if open, trade and sustain above 25135 then, the index may re-test 25195-25230-25265-25305-25330 levels. On the other hand, the immediate support lies at 24985-24955 if, the Index moves below 24955 then, it may try to re-visit 24930-24890-24860-24830-24780-24740 levels.
Special Mention: Yesterday, Nifty Index opened on a negative note, on opening move, made a high 25192.50, thereafter, the sell-off dragged the index till 25008.50, and closed on below 25095. Today, the Nifty index must trade, sustain and closes above 25095-25195; it may continue the pull back rally to re-test 25265-25350-25450 levels in the near term. On the other hand, the immediate support seen at 24985-24905 further weakness below 24905 then, the Index may try to re-visit 24830-24740-24585 levels in the near term. Let see how the Index opens today near 25020-25080-25135levels.
Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 56098.50, on the opening move, it made a high 56303.60 thereafter it moved down, made a low 55821 and closed on a negative note at 56018.25 with an intra loss 221.10 points, i.e., -0.39%, today Nifty Bank Index must move and sustain above 56060-56130 levels; if to do so, then it may try to test 56225-56305-56435-56500-56640 levels. On the other hand, any weakness near56060-56130 further, it moves below 56005-55925 then, the Index may re-visit 55820-55715-55620-55530-55375-55225 levels.
Sensex Index: Yesterday, Sensex opened on a negative note at 81899.51 on the opening move, it made a day high 82257.74 thereafter, it moved down made a low 81646.08 and closed on a negative note at 81773.66 with an intra loss 153.09 points, i.e., -0.19%, today Sensex must move and sustain above 81835-81950 levels; if to do so, then it may try to re-test 82060-82125-82190-82260-82310-82385-82500 levels. On the other hand, any weakness near 81835-81950 further, it moves below 81720-81645 then, the Index may re-visit 81575-81480-81385-81285-81160-81040 levels.
PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 08th Oct'25 stands at 0.80 with PUT open interest of 2512093 and CALL open interest of 3148629, when compared with previous day level of 1.04, 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 buyer, they bought on the net basis to the tune of Rs.81.28 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.329.96 Cr.
For the month of Oct'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.1980.40 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.9224.82 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 Sep'25 released on 06th Oct'25-Monday, it moved up to 60.90 from 62.39 i.e., Aug'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.