What has happened yesterday? Nifty Index, opened on a positive note at 25982, on opening move, it made a day low 25960.30, thereafter it moved up till 26097.85 and closed on a positive note at 26053.90 with an intra gain 117.70 points, i.e., 0.45%.
What will happen today?
Nifty Index: Today, Nifty Index may open on a flat to negative note near 26040-26015 levels; if open, trade and sustain above 26040 then, the index may re-test 26070-26100-26145-26175-26210 levels. On the other hand, the immediate support lies at 25990-25960 if, the Index moves below 25960 then, it may try to re-visit 25910-25865-25835-25810-25760-25720 levels.
Special Mention: Yesterday, Nifty Index opened on a positive note, on opening move, made a low 25960.30, thereafter, the intra up move lifted the index till 26097.85 and closed above 26040. Today, the Nifty index must trade, sustain and closes above 26105-26155; it may continue the pull back rally to re-test 26210 then, the all time high levels i.e., 26277.35 in the near term. On the other hand, the immediate support seen at 25910-25800 further weakness below 25800 then, the Index may try to re-visit 25670-25460 levels in the near term. Let see how the Index opens today near26040-26015levels.
Nifty Bank Index: Yesterday, Nifty Bank Index opened on a positive note at 58316.25, on the opening move, it made a low 58087.05 thereafter it moved up, made a high 58469.90 and closed on a positive note at 58385.25 with an intra gain 171.15 points, i.e., 0.29%, today Nifty Bank Index must move and sustain above 58470-58575 levels; if to do so, then it may try to test 58725-58875-58995-59125 levels. On the other hand, any weakness near58470-58575 further, it moves below 58320-58235 then, the Index may re-visit 58175-58090-58030-57900-57820-57740 levels.
Sensex Index: Yesterday, Sensex opened on a positive note at 84663.68 on the opening move, it made a day low 84638.68 thereafter, it moved up, made a high 85105.83 and closed on a positive note at 84997.13 with an intra gain 368.97 points, i.e., 0.44%, today Sensex must move and sustain above 85105-85140 levels; if to do so, then it may try to re-test 85290-85410-85560-85650 levels. On the other hand, any weakness near 85105-85140 further, it moves below 84900-84870 then, the Index may re-visit 84820-84750-84640-84545-84465 levels.
PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 29th Oct'25 stands at 1.14 with PUT open interest of 2764693 and CALL open interest of 2433852, when compared with previous day level of 0.93, 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.2540.16 Cr. On the other hand, DIIs turned continued as a net buyer they bought on the net basis to the tune of Rs.5692.81 Cr.
For the month of Oct'25, month to date FIIs/FPIs continued as a net buyer, they bought Rs.7500.04 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.43256.24 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.