📈 DAILY MARKET UPDATE — 31 Oct 2025
🇮🇳 INDIAN MARKET:
✔️ Nifty Levels:
Nifty closed at 25,878, down 176 pts on Thursday.
Market still stuck in a shortterm range between 25,718 (support) and 26,104 (resistance).
✔️ Bank Nifty:
Closed weak near 58,100 zone, dragged by financials and PSU banks.
✔️ FIIs & DIIs:
FIIs sold ₹3,077 Cr on Thursday.
Monthtodate inflow dropped to ₹4,422 Cr.
DIIs did partial buying but could not offset FII pressure.
✔️ Sector Trend:
Financials and Auto weak, Energy slightly positive.
Mid & Small Caps also slipped.
✔️ Volatility:
India VIX up for 5th time in last 6 sessions – caution needed for intraday trades.
✔️ Options Data:
Heavy Call OI around 26,000–26,100 (Resistance zone)
Strong Put OI near 25,700–25,800 (Support zone)
PCR moved lower – showing cautious to bearish bias.
✔️ Stock Setups to Watch:
Long near support: Hero MotoCorp, The Leela Hotels
Short near resistance: CG Power, Blue Jet, JP Power
At key levels: AIA Engg, HDFC AMC, Star Health at support; CCL Products, Emami, Finolex Cables at resistance
🌍 GLOBAL MARKET:
✔️ US Markets:
US indices fell after mixed tech earnings and hawkish Fed tone.
S&P 500 down ~1%, Nasdaq ~1.5%.
✔️ SGX Nifty:
Flat around 26,050 – indicating neutral to slightly positive Indian open.
✔️ Crude Oil:
Brent near $64–65/bbl, weak due to supply concerns.
✔️ Dollar Index:
Firm near 99–100, adding pressure on global commodities.
✔️ Volatility Index (VIX US):
Flat near 17 – moderate global risk sentiment.
✔️ Data to Watch Today:
India: Fiscal deficit numbers
US: Core PCE, PMI, Personal Income & Spending
🎯 Quick Summary:
Good morning on a Friday!
US markets corrected after tech results and Fed’s cautious tone.
Oil and Dollar firm, showing mild riskoff sentiment.
Back home, Nifty ended 176 pts lower at 25,878 and Bank Nifty also weak near 58,100.
FIIs sold over ₹3,000 Cr adding to pressure.
Technically, 25,795–25,718 remains strong support and 26,100–26,200 acts as resistance.
A breakout beyond these levels may set the next shortterm direction.
SGX Nifty flat → Market may open steady, focus on intraday reversals and sector rotation.