Indian Market Closing Update on last session
Indian markets closed lower
today, tracking weak global cues and pressure in key sectors.
Nifty slipped towards the 24,700 zone,
while Sensex also ended in the red, weighed down by Banking and IT stocks.
Global markets remained cautious
ahead of US Fed Chair Jerome Powell’s comments on rate outlook.
Rising crude oil prices and
concerns over slower domestic growth also dampened investor sentiment.
Broader markets underperformed,
with Midcap and Smallcap indices witnessing heavy selling.
India VIX edged higher,
reflecting nervousness among traders ahead of upcoming macroeconomic data
releases.
Market Overview & Trend (Nifty 50 &
Bank Nifty)
NIFTY 50 : The
index has broken below its uptrend, slipping under the 15 & 30 EMA. Support
is seen near the 200 EMA around 24,700–24,650. If this zone holds, a
short-covering bounce is possible; otherwise, weakness may extend towards
24,450. On the upside, 24,950–25,000 remains the key resistance zone.
NIFTY-50 CHART
BANK NIFTY : The price is trading in a clear downtrend, staying below the 15 EMA, 30 EMA, and 200 EMA, indicating strong bearish momentum. A breakdown is visible below the 54,800–55,000 support zone, pushing the index lower. If the 54,450 level fails to hold, further downside towards 54,200 is likely. On the upside, resistance is now placed around 55,600–55,800, where moving averages converge.
BANK NIFTY CHART
Sector-wise Trend Outlook
- IT Sector Trend Outlook: Weakness persists as global cues weigh on tech stocks; indices trade below key EMAs, facing resistance on any bounce.
- Auto Sector Trend Outlook: Supported by festive demand hopes, the sector remains broadly positive though near-term momentum looks sideways.
- Banking Sector Trend Outlook: Selling pressure dominates, especially in PSU banks; crucial support levels must hold to prevent deeper correction.
TOP5 VOLUME SHOKERS IN NIFTY
|
SCRIPT NAME |
LTP |
5 DAYS
AVERAGE VOL. |
CURRENT VOL. |
VOL +/- |
|
SHRIRAMFIN |
594.70 |
4963184.50 |
18048586 |
13085402.00 |
|
POWERGRID |
279.90 |
6388739.50 |
22905910 |
16517170.00 |
|
HDFCLIFE |
776.60 |
1685955.75 |
5054056 |
3368100.25 |
|
NESTLEIND |
1162.20 |
1269653.75 |
3619892 |
2350238.25 |
|
HINDUNILVR |
2692.60 |
1736880.00 |
4348648 |
2611768.00 |
BASED
ON OPEN INTEREST - LONG BUILD UP & SHORT BUILD UP
LONG
BUILD UP
|
SCRIPT NAME |
LTP |
SPOT |
CHNG IN PRICE |
CHNG OI (%) |
CURRENT VOL. |
|
ETERNAL 28-Aug-2025 FUT |
321.50 |
320.75 |
1.95 |
19.51 |
79789775 |
|
ITC 28-Aug-2025 FUT |
403.10 |
403.40 |
2.95 |
3.45 |
57278400 |
|
CROMPTON 28-Aug-2025 FUT |
324.05 |
324.85 |
1.05 |
19.99 |
18414000 |
|
SONACOMS 28-Aug-2025 FUT |
455.15 |
453.50 |
2.90 |
21.36 |
17728200 |
|
TCS 28-Aug-2025 FUT |
3153.00 |
3157.00 |
14.50 |
0.94 |
11775925 |
SHORT
BUILD UP RT BUILD UP
|
SCRIPT NAME |
LTP |
SPOT |
CHNGIN PRICE |
CHNG OI (%) |
CURRENT VOL. |
|
HDFCBANK 28-Aug-2025 FUT |
970.10 |
972.40 |
-996.80 |
116.89 |
93683700 |
|
MOTHERSON 28-Aug-2025 FUT |
92.94 |
93.08 |
-1.98 |
4.16 |
81130800 |
|
ONGC 28-Aug-2025 FUT |
234.49 |
234.30 |
-2.27 |
5.95 |
46687500 |
|
RELIANCE 28-Aug-2025 FUT |
1384.30 |
1383.80 |
-27.90 |
9.05 |
45877000 |
|
VEDL 28-Aug-2025 FUT |
427.65 |
428.40 |
-22.05 |
6.75 |
41397700 |
Small
Cap & Midcap Technical Picks
1) RADICO : The RADICO stock is in a strong long-term
uptrend, consistently trading above its 50-day and 200-day moving averages.
Price action shows higher highs and higher lows, confirming bullish momentum.
Short-term EMAs are also sloping upwards, supporting sustained buying interest.
Immediate support lies around 2,950–2,900, while major support is near 1,950
levels. As long as the price holds above these zones, the trend remains firmly
positive. A breakout above recent highs may trigger the next leg of rally.
2) FIEM INDUSTRIES : FIEM
stock has moved out of a consolidation phase and is sustaining above key moving
averages, indicating a shift to bullish momentum. Price action shows higher
highs and higher lows, supported by rising 50-day and 200-day moving averages.
After a recent pullback, it is finding support near the short-term EMA,
suggesting healthy trend continuation. Immediate support lies near 2,000–1,980,
while major support is around 1,830. On the upside, a sustained move above
2,150 could trigger the next rally. Overall trend remains positive as long as
it holds above short-term supports.
Market
News & Sentiment
- Indian markets ended lower, tracking weak global
cues and profit booking in key sectors.
- Global equities turned cautious ahead of US Fed commentary
on interest rates.
- Rising crude oil prices and concerns over slower
domestic growth weighed on investor sentiment.
- Banking and IT stocks dragged the market, while
Pharma and FMCG showed some resilience.
- Broader indices (Midcap & Smallcap) underperformed,
reflecting cautious risk appetite.
- Market sentiment remains weak with India VIX inching
higher, indicating rising volatility.
- India’s wind energy capacity is set to more than
double to 107 GW by 2030, positioning the country as a global hub for
clean energy, jobs, and manufacturing growth.
- Japan has proposed US$ 68 billion investment in
India over the next decade, focusing on technology, startups,
semiconductors, and talent collaboration to deepen bilateral ties.
- India announced gifting drones, soil labs, and
building a super specialty hospital in Fiji, alongside MoUs on
agriculture, healthcare, and capacity building to deepen bilateral ties.
- The United States (US) reaffirmed its commitment to
India’s energy security, with a focus on oil, gas, nuclear, renewables,
and critical minerals, aiming to expand long-term bilateral cooperation.
- India’s listed office Real Estate Investment Trusts
(REITs) are set to expand coverage from 16% to 30% of Grade A space in
five years, led by GCCs, strong occupancy, and rising institutionalisation
in the sector.
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