🌍 Global & Macro Cue
Global markets are trading with caution.
U.S. indices ended lower last night as traders booked profits ahead of key inflation data.
Asian markets are mixed this morning, with China showing slight weakness while Japan and South Korea remain range-bound.
On the currency side, the Indian rupee is still pinned close to record lows.
The Reserve Bank of India’s interventions are helping it stay afloat, but foreign investors continue to pull money out.
In September so far, FIIs have already withdrawn close to ₹8,000 crore from equities, lifting the overall 2025 outflow to more than ₹1.3 lakh crore.
This consistent selling by foreigners remains a risk factor for Indian equities today.
📈 GIFT Nifty Indication
The GIFT Nifty is giving early signals of a negative start for Dalal Street.
It is trading just above the 25,060 mark, marginally higher than yesterday’s close but still reflecting nervousness.
The marginal uptick of just about 7–10 points suggests traders are hesitant to take big bets before the market opens.
🏦 Nifty, Bank Nifty & Sensex Levels
The Nifty 50 is coming into today’s session near the 25,060–25,100 range.
For traders, the immediate resistance zone is around 25,125 to 25,200.
If the index manages to break above this band, short covering could take it higher.
On the downside, 25,000 is a psychological level, and 24,900 is seen as a strong support.
If this zone breaks, markets could face deeper selling pressure.
Bank Nifty remains under the spotlight as it has been underperforming.
The index has crucial support around 55,000–55,200, while resistance comes in at 55,800–56,200. With FII selling seen in financials recently, the downside risk is still alive.
The Sensex is aligned with Nifty’s trend.
Watch for support around 81,500 and resistance closer to 82,500 and 83,000. A break of either side could define today’s broader market tone.
🔎 Open Interest & Derivatives Setup
F&O data shows that call writers have built strong positions around 25,125 and 25,200 strikes on Nifty.
This means traders are expecting resistance there. If the index crosses this zone, we may see unwinding of call positions, which could push the market higher.
On the other hand, if selling continues, puts at 25,000 and 24,900 will be tested, and any unwinding in those levels will add to downside momentum.
Bank Nifty OI trends suggest similar resistance near 55,500–55,800.
🛢 Commodities Outlook
Crude oil continues to remain volatile. On MCX, support is placed near ₹5,580–5,600,
while resistance stands at ₹5,650–5,700. Traders should watch global supply news and U.S. inventory data.
Gold is showing resilience as a safe-haven asset. Immediate support comes near ₹109,000 per 10 grams,
while resistance is seen around ₹110,700.
Silver is relatively stronger, with support near ₹126,000 and resistance around ₹128,000. Safe-haven demand could keep bullion firm if global markets stay weak.
📊 India VIX & Market Sentiment
The India VIX has been hovering around the 10.5 mark.
This indicates low to moderate volatility. Traders should note that a low VIX often leads to complacency, and any surprise global news can trigger sudden spikes. For now, the market sentiment is cautious, with a slightly bearish tilt.
📅 IPO Updates
The IPO market remains active, but subscription numbers may face pressure if secondary markets continue to stay weak. New issues in infrastructure and renewable energy are attracting attention, but retail participation could be softer in today’s cautious mood. Investors should focus on fundamentals rather than chasing hype.
🎯 Investment & Trading Focus
Swing Trading Ideas
For short-term traders, names like Adani Ports and Tata Power are showing relative strength. Shriram Finance is also building a base that could support a swing trade.
Long-Term Investment Ideas
Despite near-term volatility, large-cap banks like SBI and ICICI remain steady picks.
In IT, Infosys and TCS continue to offer long-term opportunities.
Investors with a 3-5 year horizon can also keep an eye on infrastructure and renewable energy names that align with government policy support.
🌟 Stock in Focus
One stock that stands out for today is Adani Enterprises. It showed strong momentum yesterday even when the broader market was under pressure. If the positive trend continues, it could remain a favorite for both traders and investors. However, given the volatility in Adani group names, risk management is key.
✅ Final Takeaway
Today’s pre-market signals point to a cautious and slightly negative opening for Indian equities.
Nifty faces a resistance zone around 25,125–25,200 and support near 25,000–24,900.
Bank Nifty needs to hold above 55,000 to avoid further downside. Global cues remain weak, FIIs are selling, and the rupee is under pressure — all of which make it important for traders to stay defensive.