04.10.2025-Tuesday, 08.40 am

Good Morning all... 

What has happened yesterday? Nifty Index, opened on a negative note at 25696.85 on opening move, it made a day low 25645.50, thereafter it moved up till 25803.10 and closed on a positive note at 25763.35 with an intra gain 41.25 points, i.e., 0.16%.

What will happen today? 

Nifty Index: Today, Nifty Index may open on a flat to negative note near 25760-25725 levels; if open, trade and sustain above 25760 then, the index may re-test 25785-25820-25845-25875-25900-25930-25970-26000 levels. On the other hand, the immediate support lies at 25705-25670 if, the Index moves below 25670 then, it may try to re-visit 25645-25615-25580-25550-25525-25485-25450 levels.

Special Mention: Yesterday, Nifty Index opened on a negative note, on opening move, made a low 25645.50, thereafter, the index moved up till 25803.10 and closed below 25795. Today, the Nifty index must trade, sustain and closes above 25800-25960; it may continue the pull back rally to re-test 26100-26210 then, the all time high levels i.e., 26277.35 in the near term. On the other hand, the immediate support seen at 25670-25580 further weakness below 25580 then, the Index may try to re-visit 25460-25345 levels in the near term. Let see how the Index opens today near 25760-25725 levels.

Nifty Bank Index: Yesterday, Nifty Bank Index opened on a negative note at 57726.85, on the opening move, it made a low 57718.40 thereafter it moved up, made a high 58247.55 and closed on a positive note at 58101.45 with an intra gain 325.10 points, i.e., 0.56%, today Nifty Bank Index must move and sustain above 58185-58250 levels; if to do so, then it may try to test 58310-58470-58575-58700-58830 levels. On the other hand, any weakness near 58185-58250 further, it moves below 58055-57980 then, the Index may re-visit 57920-57845-57780-57720-57655 levels. 

Sensex Index: Yesterday, Sensex opened on a negative note at 83835.10 on the opening move, it made a day low 83609.54 thereafter, it moved up, made a high 84217 and closed on a positive note at 83978.49 with an intra gain 39.78 points, i.e., 0.05%, today Sensex must move and sustain above 84125-84250 levels; if to do so, then it may try to re-test 84350-84450-84545-84650-84800-84930 levels. On the other hand, any weakness near 84125-84250 further, it moves below 83930-83875 then, the Index may re-visit 83805-83730-83610-83535-83470 levels.

PUT/CALL Ratio: Over all Nifty Index Put and Call ratio for 03rd Nov'25 stands at 0.77 with PUT open interest of 3853241 and CALL open interest of 5006958, when compared with previous day level of 0.64, 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.1883.78 Cr. On the other hand, DIIs turned continued as a net buyer they bought on the net basis to the tune of Rs.3516.36 Cr.

For the month of Nov'25, month to date FIIs/FPIs continued as a net seller, they sold Rs.1883.78 Cr., on the net basis and DIIs continued as a net buyer they bought on the net basis to the tune of Rs.3516.36 Cr.

INDIA's Macro Data:-

On 03rd Nov'25-Monday, the HSBC Manufacturing PMI data released for the month of Oct'25, it moved up to 59.20 from 58.40 i.e., Sep'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.