What has happened on Friday? Nifty Index, opened on a positive note at 25935.10, on opening move, it made a day high 25944.15, thereafter it moved down till 25718.20 and closed on a negative note at 25795.15 with an intra loss 96.25 points, i.e., -0.37%.
What will happen today?
Nifty Index: Today, Nifty Index may open on a positive note near 25830-25865-25910 levels; if open, trade and sustain above 25910 then, the index may re-test 25945-25990-26020-26060-26105-26145 levels. On the other hand, the immediate support lies at 25760-25745 if, the Index moves below 25745 then, it may try to re-visit 25720-25690-25660-25625 levels.
Special Mention: On Friday, Nifty Index opened on a positive note, on opening move, made a high 26104.20, thereafter, the intra sell-off dragged down, made a low 25862.45 and closed below 26020. Today, the Nifty index must trade, sustain and closes above 26020-26105; 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 near25830-25865-25910levels.
Nifty Bank Index: On Friday, Nifty Bank Index opened on a positive note at 58172.75, on the opening move, it made a high 58232.90 thereafter it moved down, made a low 57482.05 and closed on a negative note at 57699.60 with an intra loss -378.45 points, i.e., -0.65%, today Nifty Bank Index must move and sustain above 57750-57900 levels; if to do so, then it may try to test 58030-58160-58255-58340-58435-58575 levels. On the other hand, any weakness near57750-57900 further, it moves below 57660-57570 then, the Index may re-visit 57480-57360-57200 levels.
Sensex Index: On Friday, Sensex opened on a positive note at 84667.23 on the opening move, it made a day high 84707.44 thereafter, it moved down, made a low 83957.15 and closed on a negative note at 84211.88 with an intra loss 344.52 points, i.e., -0.41%, today Sensex must move and sustain above 84280-84465 levels; if to do so, then it may try to re-test 84545-84620-84780-84900-85005-85140 levels. On the other hand, any weakness near 84280-84465 further, it moves below 84135-83960 then, the Index may re-visit 83740-83535-83120 levels.
PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 24th Oct'25 stands at 0.76 with PUT open interest of 332603 and CALL open interest of 4400134, when compared with previous day level of 0.95, 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, turned as a net buyer, they bought on the net basis to the tune of Rs.621.51 Cr. On the other hand, DIIs turned continued as a net buyer they bought on the net basis to the tune of Rs.173.13 Cr.
For the month of Oct'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.244.02 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.33989.76 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.