29.10.2025-Wednesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a negative note at 25939.95, on opening move, it made a day high 26041.70, thereafter it moved down till 25810.05 and closed on a negative note at 25936.20 with an intra loss 29.85 points, i.e., -0.11%.

What will happen today? 

Nifty Index: Today, Nifty Index may open on a flat note near 25925-25945-25970 levels; if open, trade and sustain above 25970 then, the index may re-test 26005-26055-26075-26105-26145-26175-26210 levels. On the other hand, the immediate support lies at 25900-25865 if, the Index moves below 25865 then, it may try to re-visit 25830-25800-25760-25720 levels.

Special Mention: Yesterday, Nifty Index opened on a negative note, on opening move, made a high 26041.70, thereafter, the intra sell-off dragged til 25810.05, the high F&O expiry volatility ruled the index and closed below 24945. Today, the Nifty index must trade, sustain and closes above 26055-26105; 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  25925-25970 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 58006.55, on the opening move, it made a high 58313.80 thereafter it moved up, made a low 57770.35 and closed on a positive note at 58214.10 with an intra gain 99.85 points, i.e., 0.17%, today Nifty Bank Index must move and sustain above 58250-58315 levels; if to do so, then it may try to test 58460-58575-58725-58875 levels. On the other hand, any weakness near 58250-58315 further, it moves below 58155-58030 then, the Index may re-visit 57980-57900-57860-57740-57650 levels. 

Sensex Index: Yesterday, Sensex opened on a negative note at 84625.71 on the opening move, it made a day high 84986.94 thereafter, it moved down, made a low 84219.39 and closed on a negative note at 84628.16 with an intra loss 150.68 points, i.e., -0.18%, today Sensex must move and sustain above 84730-84820 levels; if to do so, then it may try to re-test 84900-84985-85140-85290-85410-85560-85650 levels. On the other hand, any weakness near 84730-84820 further, it moves below 84600-84510 then, the Index may re-visit 84400-84310-84220-84010 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 28th Oct'25 stands at 0.93 with PUT open interest of 3769334 and CALL open interest of 4037831, when compared with previous day level of 1.05, 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 buyer, they bought on the net basis to the tune of Rs.10339.80 Cr. On the other hand, DIIs turned continued as a net buyer they bought on the net basis to the tune of Rs.1081.55 Cr.

For the month of Oct'25, month to date FIIs/FPIs turned as a net buyer, they bought Rs.10040.20 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.37563.43 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 28th Oct'25-Tuesday, the Industrial production has come down to 4%; when compared to the Sep'25 level, i.e., 4.10%. 

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.