Pre-Market Report (12 Sept 2025): Nifty Range-Bound, IT & Autos in Focus
Market Setup
Indian markets are expected to open cautiously on 12 Sept 2025 as global cues remain mixed. SGX Nifty indicated a flat-to-positive start near 24,820 levels. Overnight, US markets traded sideways, while Asian peers are showing a lack of momentum. Domestically, investors will keep an eye on IT and Auto stocks, along with FII/DII flow trends.
Global Market Cues
- US Markets: Dow closed flat (-0.05%), Nasdaq gained 0.2% on strong tech buying. S&P 500 ended unchanged.
- Asia: Nikkei traded weak (-0.3%), while Hang Seng was up 0.1%. Shanghai Composite flat at open.
- Europe: FTSE closed 0.2% higher, DAX slipped 0.1%, showing mixed momentum.
- Commodities: Brent crude steady at $82/bbl. Gold remained flat at $1,940/oz.
- Currency: INR stable near 83.10 against USD, supported by strong RBI reserves.
Domestic Cues
Back home, traders will track August IIP data and inflation numbers scheduled this week. Corporate updates from IT and auto majors may also drive sentiment. FII inflows remain crucial for direction.
Sectoral Watch
- IT: Infosys, TCS, Wipro may stay in focus after positive US tech data.
- Autos: Festive demand expectations may push Maruti, Tata Motors, and M&M higher.
- Banks: Mixed trend; private banks cautious, PSU banks resilient.
- Metals: Likely to stay weak due to global commodity softness.
- FMCG: ITC, HUL may see defensive buying at lower levels.
Technical Levels to Watch
Nifty 50: Immediate support at 24,750 followed by 24,600. Resistance at 24,950 and 25,100. Indicators like RSI at 56 show mild bullish momentum. VWAP stands at 24,770.
Bank Nifty: Support at 54,800 and 54,500. Resistance seen at 55,200 and 55,500. RSI at 52 suggests sideways trend.
Sensex: Support at 81,100; resistance at 81,600. Broader range expected between 81,000–81,700.
Stock Watchlist for Today
- Infosys: Positive bias above ₹1,630; may test ₹1,660.
- Maruti Suzuki: Momentum strong; watch for levels above ₹11,250.
- HDFC Bank: Weak below ₹1,520; support near ₹1,490.
- Reliance Industries: Range-bound between ₹2,880–2,950.
- Tata Steel: Pressure below ₹154; downside possible to ₹148.
FAQs — Pre-Market 12 Sept 2025
Q1: Where is SGX Nifty trading? → Around 24,820, indicating a flat start.
Q2: Which global cues are impacting markets? → Mixed US, Europe, and Asian markets; crude oil steady.
Q3: Which sectors look strong? → IT and Autos.
Q4: Which sectors are weak? → Metals and select banks.
Q5: What are Nifty levels to watch? → Support at 24,750, resistance at 24,950.
Q6: Which stocks are in focus? → Infosys, Maruti, HDFC Bank, Reliance, Tata Steel.
Q7: What is the outlook for Bank Nifty? → Range-bound with support at 54,800.
Q8: What domestic factors matter today? → IIP, inflation data, and corporate updates.
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