📊 Pre-Market Report — Indian Market (10 Sept 2025)
Market Outlook
The market is set for a slightly positive start today. GIFT Nifty is trading with a small premium, reflecting steady global cues and continued domestic support. Sentiment is constructive but capped, as resistance overhead remains firm at the 25,000 zone.
Nifty 50 — Key Levels
- Supports: 24,700 – 24,750 (immediate), deeper floor at 24,500
- Resistances: 24,950 – 25,000 (overhead supply), stretch resistance at 25,100 – 25,200
- Bias: Market likely to stay in a 24,700–25,000 box unless a catalyst sparks a breakout.
GIFT Nifty Snapshot
- Trading around 25,020–25,030 pre-open.
- Indicates a mildly green start for the day.
Institutional Flows (9 Sept)
- FIIs (cash): Net buying ~₹2,050 crore
- DIIs (cash): Net buying ~₹83 crore
Foreign buying returned to the cash market, supported further by steady domestic inflows. This adds a positive undertone for the session.
FII Index Futures Positioning
- Long contracts added: ~1,700–1,900
- Short contracts: Selective additions, but net positioning tilted slightly positive
Takeaway: FIIs are rebuilding exposure with hedges intact. Watch early futures flow for clarity — short covering above 25k could accelerate upside, while fresh shorts may cap rallies.
September Options Map
- Highest Call OI: 25,000 CE (major ceiling)
- Highest Put OI: 24,500 PE (firm base)
- Current set-up: Options data points to a 24,500–25,000 consolidation band. Put writers defending 24,700; call writers pressuring 25,000.
Market Drivers
- Optimism around policy cues and steady institutional flows.
- IT and banks remain pivotal for direction; exporters may see volatility on trade headlines.
- Midcap space continues to see heavy action — watch for profit-taking at higher levels.
U.S. Events Tonight
- Producer Price Index (PPI) — inflation check.
- ISM Manufacturing PMI (Sep) — activity indicator.
These numbers will set the tone for global risk sentiment into tomorrow’s Asian session.
📌 Trading Playbook
- Base range: 24,700 – 25,000
- Bullish trigger: Sustained close above 25,000 → 25,100 / 25,200
- Bearish trigger: Break below 24,700 → slide to 24,500 / 24,300
- Strategy: Trade the range — buy dips near support, fade rallies near resistance unless futures data confirms a breakout.