📊 Indian Stock Market Pre-Market Report (16 Sept 2025)
The Indian equity market is set for a cautious start on Tuesday, 16 September 2025. Global cues remain mixed with Wall Street closing subdued, Asian indices showing volatility, and commodities trading in a narrow range. Investors are closely watching the US Federal Reserve’s policy outlook, crude oil prices, and currency movements. Back home, focus will be on Nifty, Sensex, and Bank Nifty levels along with sector-specific action in IT, banking, and auto stocks.
SGX Nifty indicates a flat opening near 24,810. Global cues remain uncertain with US tech stocks under pressure and crude oil steady around $87/bbl. Nifty support lies at 24,600, resistance at 25,000.
🌍 Global Market Cues
Global markets offered mixed signals overnight, keeping traders cautious:
- US Markets: The Dow Jones closed flat while Nasdaq slipped 0.3%, dragged by tech weakness. Investors are awaiting US inflation data later this week that could influence Fed’s policy stance.
- Europe: FTSE 100 and DAX ended mildly higher, supported by energy stocks but capped by weak growth outlook.
- Asia: The Nikkei opened firm, up 0.5%, while Hang Seng remained under pressure amid Chinese property sector concerns.
- Commodities: Brent crude hovered at $87/bbl, balancing OPEC supply cuts against weaker demand forecasts.
- Gold & Metals: Gold traded steady near $2,460/oz, while copper slipped 0.2% on weaker demand outlook.
- Currency: The US Dollar Index remained firm at 104.8, while INR is expected to open near 83.20.
📊 SGX Nifty & Technical Setup
The GIFT Nifty (SGX Nifty) is trading around 24,810, indicating a muted start. The previous session showed weakness in IT and banking, which may continue to weigh on sentiment.
| Index | Support Levels | Resistance Levels |
|---|---|---|
| Nifty 50 | 24,600 – 24,750 | 24,950 – 25,050 |
| Sensex | 81,200 – 81,400 | 81,800 – 82,000 |
| Bank Nifty | 54,500 – 54,700 | 55,200 – 55,400 |
🇮🇳 Domestic Market Sentiment
Indian equities are expected to trade range-bound today. While FIIs have turned net sellers, domestic institutions continue to provide support. Traders will also eye September inflation numbers and global cues for further direction. Stock-specific action may dominate as companies prepare for upcoming quarterly results.
📌 Sectoral Trends to Watch
Sectors are expected to show mixed performance during today’s trade. Traders and investors should closely watch the following segments:
- Banking & Financials: Bank Nifty has been facing resistance near 55,000. PSU banks may remain under pressure, while private majors like HDFC Bank and ICICI Bank could see selective buying.
- IT Sector: Global tech weakness has hurt Indian IT majors. Infosys and TCS are under pressure, but midcap IT could see short-covering rallies.
- Automobile: Festive season demand hopes could support stocks like Maruti, M&M, and Tata Motors.
- Energy & Oil: Reliance and ONGC may stay in focus with crude oil near $87/bbl.
- Metals: Steel and aluminum stocks may face weakness amid sluggish Chinese demand.
- Pharma: Sun Pharma and Dr. Reddy’s remain defensive picks in volatile conditions.
⭐ Stock-Specific Action
Traders should keep an eye on the following stocks for potential intraday momentum:
- HDFC Bank: Key support at ₹1,600; potential rebound likely if global cues stabilize.
- Infosys: Resistance at ₹1,590; weakness in Nasdaq tech could pressure the stock.
- Reliance Industries: Likely to remain in focus with energy sector cues; key level ₹2,950.
- Maruti Suzuki: Positive bias on festive demand; support at ₹11,200, target ₹11,600.
- Adani Group Stocks: May witness volatility amid news flow; cautious trading advised.
📉 Technical Indicators
- SuperTrend: Nifty currently trading above 24,700; holding this level indicates strength.
- EMA (Exponential Moving Average): 20-day EMA stands at 24,680; a break below may signal further weakness.
- RSI (Relative Strength Index): At 54, suggesting neutral momentum with no overbought signals yet.
📊 FII/DII Activity
Foreign Institutional Investors (FIIs) turned net sellers of ₹1,240 crore in the previous session, while Domestic Institutional Investors (DIIs) bought ₹1,520 crore. This indicates DIIs continue to support markets despite global headwinds. Sustained FII selling, however, could weigh on sentiment in the short term.
⚡ Trading Strategy for the Day
- Maintain a buy-on-dips approach near 24,650 with a stop-loss below 24,600.
- Short positions can be built only if Nifty sustains below 24,600.
- Bank Nifty traders should look for breakout above 55,200 for fresh momentum.
- Options traders can use 24,800 straddle to capture volatility.
❓ Frequently Asked Questions (FAQ)
Q1: What are today’s key support and resistance levels for Nifty?
A1: Support lies at 24,600–24,750, while resistance is seen at 24,950–25,050.
Q2: Which sectors may perform well today?
A2: Autos and selective private banks may outperform; IT and metals could remain weak.
Q3: How are FIIs and DIIs positioned?
A3: FIIs remain sellers, while DIIs are providing support, keeping the market balanced.
Q4: What global factors are influencing the Indian market?
A4: US Fed policy expectations, crude oil trends, and Asian market movements are key triggers.
Q5: Should investors buy or wait?
A5: Long-term investors may accumulate on dips, but short-term traders should remain cautious near resistance zones.
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