21.10.2025-Tuesday, 01.15 pm - Diwali Mugurat Trading session

Good Afternoon all... 

What has happened yesterday? Nifty Index, opened on a positive note at 25824.60, on opening move, it made a day low 25788.50, thereafter it moved up till 25926.20 and closed on a positive note at 25843.15 with an intra gain 133.30 points, i.e., 0.52%.

What will happen today? 

Nifty Index: Today, we expect the Nifty may open on a positive note with gap up near 25890-25930 levels; if open, trade and sustain above 25930 then, the index may re-test 25955-25985-26020-26080 levels. On the other hand, the immediate support lies at 25800-25760 if, the Index moves below 25760 then, it may try to re-visit 25720-25670-25640 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note, on opening move, made a low 25788.50, thereafter, the strong up move lifted the index beyond our threshold resistance levels i.e., 25890, made a high 25926.20 and closed below 25890. Today, the Nifty index must trade, sustain and closes above 25950-26020; it may continue the pull back rally to re-test the all time high levels i.e., 26277.35 in the near term. On the other hand, the immediate support seen at 25760-25670 further weakness below 25670 then, the Index may try to re-visit 25450-25330 levels in the near term. Let see how the Index opens today near 25890-25930 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 57872.85, on the opening move, it made a low 57872.85 thereafter it moved up, made a high 58261.55 and closed on a positive note at 58033.20 with an intra gain 319.85 points, i.e., 0.55%, today Nifty Bank Index must move and sustain above 58145-58210-58260 levels; if to do so, then it may try to test 58365-58435-58585-58735 levels. On the other hand, any weakness near 58145-58210-58260 further, it moves below 57960-57870 then, the Index may re-visit 57730-57600-57495-57395 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 84269.30 on the opening move, it made a day high 84656.56 thereafter, it moved down, made a low 84196.79 and closed on a positive note at 84363.37 with an intra gain 411.18 points, i.e., 0.49%, today Sensex must move and sustain above 84485-84655 levels; if to do so, then it may try to re-test 84780-84985-85150-85350 levels. On the other hand, any weakness near 84485-84655 further, it moves below 84370-84195 then, the Index may re-visit 84015-83940-83865-83620 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 20th Oct'25 stands at 1.01 with PUT open interest of 4171545 and CALL open interest of 4131453, when compared with previous day level of 1.21, 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.790.45 Cr. On the other hand, DIIs continued as a net buyer they bought on the net basis to the tune of Rs.2485.46 Cr.

For the month of Oct'25, month to date FIIs/FPIs turned as a net buyer, they bought Rs.203.69 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.30529.91 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.

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.