π Global & Domestic Cues
- Indian markets set for a steady-to-positive open, thanks to strength in IT, Pharma, FMCG.
- Nifty Futures (GIFT) indicate a mild green start.
- FII Futures positions: Net shorts reduced (βΉ1.91L cr β βΉ1.89L cr) β bearish pressure easing.
- US markets mixed; oil prices stable; Asian markets mostly higher.
π Indices β Key Levels
Nifty 50
- π’ Resistance: 24,900 β 25,000
- π» Support: 24,750 β 24,780
Bank Nifty
- π’ Resistance: 54,400 β 54,600
- π» Support: 54,000
Sensex
- π’ Resistance: 81,300 β 81,500
- π» Support: 80,800 β 81,000
π Bias: Bullish-to-Neutral. Breakout above 25,000 Nifty may trigger next rally.
π Latest IPO Buzz
- Goel Construction ποΈ
- Listed at βΉ302.5 (+15% over issue price βΉ263).
- Further surged ~5% to βΉ317.6. Strong debut on BSE SME.
- Urban Company π οΈ
- Raised βΉ854 Cr from anchors at βΉ103/share.
- IPO opens today with strong demand expected.
- Jay Ambe Supermarkets π
- Price Band: βΉ74ββΉ78.
- IPO Open: till 12 Sept.
- Listing: 17 Sept.
- PhysicsWallah (Ed-Tech) π
- Filed IPO papers for βΉ3,820 Cr.
- Funds to expand courses, tech, and infrastructure.
- Upcoming Big IPOs: LG Electronics India, Credila Financial Services, WeWork India β pipeline strong as SEBI speeds approvals.
π Key Triggers to Watch Today
- Infosys buyback buzz β IT sector leadership may continue.
- IPO action: Urban Company listing response & Jay Ambe subscriptions.
- FII vs DII flows β Will DIIs continue offsetting FII selling?
- Nifty 25,000 β Make-or-break level for momentum.
π Quick Snapshot
- Mood: βοΈ Positive with caution.
- Sector Watch: IT, FMCG, Pharma β likely leaders.
- IPO Mania: Goel β strong start; Urban Company β under focus; Jay Ambe & PhysicsWallah β building momentum.
- Trade Setup: Above 25,000 Nifty = breakout; below 24,750 = caution.