What has happened on Friday? Nifty Index, opened on a negative note at 25546.85, on opening move, it made a day low 25508.60, thereafter it moved up till 25781.50 and closed on a positive note at 25709.85 with an intra gain 124.55 points, i.e., 0.49%.
What will happen today?
Nifty Index: Today, we expect the Nifty may open on a positive note with gap up near 25760-25800-25830 levels; if open, trade and sustain above 25830 then, the index may re-test 25890-25925-25955-25985-26020-26080 levels. On the other hand, the immediate support lies at 25700-25670 if, the Index moves below 25670 then, it may try to re-visit 25645-25625-25575-25540-25510-25450 levels.
Special Mention: On Friday, Nifty Index opened on a positive note, on opening move, made a low 25508.60, thereafter, the intra pull back lifted the index beyond our threshold resistance levels i.e., 25760, made a high 25781.50 and closed above 25670. Today, the Nifty index must trade, sustain and closes above 25890-26020; it may continue the pull back rally to re-test the all time high levels i.e., 26277.35 levels in the near term. On the other hand, the immediate support seen at 25670-25450 further weakness below 25450 then, the Index may try to re-visit 25330-25060 levels in the near term. Let see how the Index opens today near 25760-25800-25830 levels.
Nifty Bank Index: On Friday, Nifty Bank Index opened on a negative note at 5362.90, on the opening move, it made a low 57713.35 thereafter it moved up, made a high 57830.20 and closed on a positive note at 57713.35 with an intra gain 290.80 points, i.e., 0.51%, today Nifty Bank Index must move and sustain above 57830-57990 levels; if to do so, then it may try to test 58125-58310-58480-58580 levels. On the other hand, any weakness near57830-57990 further, it moves below 57765-57535 then, the Index may re-visit 57395-57240-57075 levels.
Sensex Index: On Friday, Sensex opened on a negative note at 83331.78 on the opening move, it made a day low 83206.08 thereafter, it moved up made a high 84172.24 and closed on a positive note at 83952.19 with an intra gain 484.53 points, i.e., 0.58%, today Sensex must move and sustain above 84170-84435-84580 levels; if to do so, then it may try to re-test 84735-84940-85150-85350 levels. On the other hand, any weakness near 84170-84435-84580 further, it moves below 84095-83890 then, the Index may re-visit 83690-83620-83435-83200 levels.
PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 17th Oct'25 stands at 1.21 with PUT open interest of 4110478 and CALL open interest of 3388033, when compared with previous day level of 1.38, 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 buyer, they bought on the net basis to the tune of Rs.308.98 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.1526.61 Cr.
For the month of Oct'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.586.76 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.28044.45 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 Sep'25 released on 13th Oct'25-Tuesday, the inflation has come down to 1.54% from Aug'25 level i.e., 2.07%.
WPI Inflation data for the month of Sep'25 released on 14th Oct'25-Tuesday, it has come down to 0.13%, as against the Aug'25 level i.e.,0.52%.
Unemployment Rate for the month of Sep'25 released on 15th Oct'25-Wednesday, the unemolyment rate has gone up to 5.20% as against the Aug'25 level i.e., 5.10%
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.