28.10.2025-Tuesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a positive note at 25843.10, on opening move, it made a day low 25827, thereafter it moved up till 26005.95 and closed on a positive note at 25966.05 with an intra gain 170.90 points, i.e., 0.66%.

What will happen today? 

Nifty Index: Today, Nifty Index may open on a flat note near 25985-26000-26020 levels; if open, trade and sustain above 26020 then, the index may re-test 26055-26105-26145-26175-26210 levels. On the other hand, the immediate support lies at 25945-25915 if, the Index moves below 25915 then, it may try to re-visit 25895-25865-25830-25800 levels.

Special Mention: Yesterday, Nifty Index opened on a positive note, on opening move, made a low 25827, thereafter, the intra pull back lifted till 26005.95, and closed below 26000. 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 25800-25760 further weakness below 25760 then, the Index may try to re-visit 25670-25450 levels in the near term. Let see how the Index opens today near 25985-26000-26020 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 57796.45, on the opening move, it made a low 57652.75 thereafter it moved up, made a high 58195.95 and closed on a positive note at 58114.25 with an intra gain 414.65 points, i.e., 0.72%, today Nifty Bank Index must move and sustain above 58125-58195 levels; if to do so, then it may try to test 58255-58340-58435-58575-58725-58875 levels. On the other hand, any weakness near 58125-58195 further, it moves below 58095-58030 then, the Index may re-visit 57950-57900-57860-57740-57650 levels. 

Sensex Index: Yesterday, Sensex opened on a positive note at 84297.39 on the opening move, it made a day low 84294.20 thereafter, it moved up, made a high 84932.08 and closed on a positive note at 84778.84 with an intra gain 566.96 points, i.e., 0.67%, today Sensex must move and sustain above 84850-84930 levels; if to do so, then it may try to re-test 85105-85140-85290-84900-85005-85150-85350-85565 levels. On the other hand, any weakness near 84850-84930 further, it moves below 84745-84605 then, the Index may re-visit 84540-84445-84390-84295-84115 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 27th Oct'25 stands at 1.05 with PUT open interest of 4343956 and CALL open interest of 4155749, when compared with previous day level of 0.76, 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, turned as a net seller, they sold on the net basis to the tune of Rs.55.58 Cr. On the other hand, DIIs turned continued as a net buyer they bought on the net basis to the tune of Rs.2492.12 Cr.

For the month of Oct'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.299.60 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.36481.88 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.