Date – 7th November 2025 (Friday)
🇮🇳 INDIAN MARKET:
✔️ Nifty Levels:
Nifty 50 closed 88 points lower at 25,510, forming a red candle on the daily chart.
Next support – 25,450 → 25,220 zone
Resistance – 25,700 → 25,800
✔️ Bank Nifty:
Closed 272 pts at 57,554, under pressure from PSU banks.
Support – 57,300 | Resistance – 58,000
✔️ FIIs & DIIs:
• FIIs sold ₹3,300 Cr
• DIIs bought ₹2,750 Cr
(FII outflow for November so far: ₹6,200 Cr)
✔️ Sector Trend:
🔻 Weak – Media, Realty, PSU Banks
🔼 Strong – IT, Paints (Asian Paints, Berger)
✔️ Volatility:
India VIX fell 1.8% to 12.05, showing cooling volatility.
✔️ Options Data:
• Nifty PCR: 0.77 (neutral to slightly bearish)
• Bank Nifty PCR: 0.83
• Major resistance at 25,600–25,700
• Major support at 25,200–25,400
Traders unwound long call positions → cautious sentiment.
✔️ Stock Setups to Watch:
• Asian Paints – strong breakout (+4.7%) on MSCI index inclusion & rival CEO exit news.
• Berger Paints – following same bullish momentum.
• Hero MotoCorp, Bajaj Finance – near horizontal support zone.
• M&M, Tata Steel – near resistance, watch for reversal.
🌍 GLOBAL MARKET:
✔️ US Markets:
• S&P 500: 🔻 1.1% (6,720)
• Nasdaq: 🔻 1.9% (23,053)
• Dow Jones: 🔻 0.8% (46,912)
Tech stocks fell sharply as AIrelated spending concerns resurfaced.
✔️ SGX Nifty:
Down ~43 pts → indicates flattoweak start for India.
✔️ Crude Oil:
Brent at $63.6/bbl, heading for 2nd weekly loss due to rising global supply.
✔️ Dollar Index:
Down for 2nd day to 99.8, giving mild support to emerging markets.
✔️ Volatility Index (VIX US):
Jumped +8%, showing global riskoff mood.
✔️ Data to Watch Today:
• US NonFarm Payrolls
• US Unemployment Rate
• UoM Consumer Sentiment
🎯 Quick Summary:
Global sentiment turned weak after US tech correction and rising fears about slower capex.
Indian market mirrored that with Nifty and Bank Nifty both closing lower.
Mid & small caps underperformed; market breadth negative (4:1 decline).
Paint sector showed strong outperformance after Grasim Paints’ CEO exit boosted Asian Paints.
Technically, Nifty support at 25,450 remains crucial — breach may invite more selling.
Resistance near 25,700–25,800 zone.
Shortterm traders should stay selective with focus on paint, IT, and selective large caps.