31.10.2025-Friday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a negative note at 25984.40 on opening move, it made a day high 26032.05, thereafter it moved down till 25845.25 and closed on a negative note at 25877.85 with an intra loss 176.05 points, i.e., -0.68%.

What will happen today? 

Nifty Index: Today, Nifty Index may open on a flat to negative note near 25865-25835 levels; if open, trade and sustain above 25865 then, the index may re-test 25890-25915-25940-25975-26010-26040-26080-26105 levels. On the other hand, the immediate support lies at 25865-25835 if, the Index moves below 25835 then, it may try to re-visit 25800-25760-25720-25660 levels.

Special Mention: Yesterday, Nifty Index opened on a negative note, on opening move, made a high 25984.40, thereafter, the index moved down till 25845.25 and closed above 25865. Today, the Nifty index must trade, sustain and closes above 25960-26105; 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 25800-25720 further weakness below 25720 then, the Index may try to re-visit 25670-25460 levels in the near term. Let see how the Index opens today near 25865-25835 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 58152.05, on the opening move, it made a high 58331.20 thereafter it moved down, made a low 57999.20 and closed on a negative note at 58031.20 with an intra loss 354.15 points, i.e., -0.61%, today Nifty Bank Index must move and sustain above 58080-58185 levels; if to do so, then it may try to test 58235-58330-58450-58575 levels. On the other hand, any weakness near 58080-58185 further, it moves below 58000-57900 then, the Index may re-visit 57820-57740-57610-57480 levels. 

Sensex Index: Yesterday, Sensex opened on a negative note at 84750.90 on the opening move, it made a day high 84906.95 thereafter, it moved down, made a low 84312.65 and closed on a negative note at 84404.66 with an intra loss 592.67 points, i.e., -0.70%, today Sensex must move and sustain above 84450-84535 levels; if to do so, then it may try to re-test 84620-84780-84840-84905-85070-85140 levels. On the other hand, any weakness near 84450-84535 further, it moves below 84310-84270-84150 then, the Index may re-visit 84115-83950-83740-83535 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 30th Oct'25 stands at 0.75 with PUT open interest of 2893149 and CALL open interest of 3852877, when compared with previous day level of 1.14, 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 seller, they sold on the net basis to the tune of Rs.3077.59 Cr. On the other hand, DIIs turned continued as a net buyer they bought on the net basis to the tune of Rs.2469.34 Cr.

For the month of Oct'25, month to date FIIs/FPIs continued as a net buyer, they bought Rs.4422.45 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.45725.58 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.