Post-Market Report — Sensex & Nifty Rally | 11 August 2025
Market Snapshot
Index | Approx Close | Move |
---|---|---|
BSE Sensex | ~81,350 | +700 pts (+0.9%) |
Nifty 50 | ~24,565 | +215 pts (+0.88%) |
Bank Nifty | ~53,100 | +1.5% (strong PSU bank activity) |
What moved the market today
- PSU Banks rally: SBI, PNB and Bank of Baroda were among top contributors — sector strength was the primary catalyst.
- Technical breakout: Nifty’s decisive move above 24,433 triggered short covering and momentum flows.
- Volume confirmation: Higher volumes on up days suggest conviction behind the rebound, though follow-through will confirm sustainability.
Sector performance
Top gainers: PSU Banks, Auto, Metal, Select PSU & infra names.
Underperformers: IT and some export-linked Pharma names remained subdued on weak global cues.
Notable stock action
- SBI: strong buying after favourable commentary on credit growth and lower slippage expectations.
- PNB / Bank of Baroda: saw coordinated buying amid sector rotation into state banks.
- Infosys / Wipro: muted after earnings guidance and global demand caution.
Expert take
Market commentators (including Anand James) noted that a sustained close above 24,433 opens space for short covering rallies toward 24,800. However, experts caution that global tariff headlines and FPI flows remain critical — any reversal in flows could reintroduce volatility.
Levels to watch (for 12 Aug 2025)
- Immediate support: 24,350–24,433
- Immediate resistance: 24,600–24,800
- Key monitor: PSU bank volumes and FII net flows
Trading & investing note
For traders: prefer momentum confirmation on follow-through days and maintain tight stops in volatile names. For investors: selective accumulation in high-quality banks and infra names on dips may be considered, but maintain position sizing and risk controls given external macro risks.
0 Comments