🌅 Pre-Market Report | 17 September 2025

🌅 Pre-Market Report | 17 September 2025

The Indian equity market is set to open on a cautious note on 17 September 2025 as traders brace for key global economic data and corporate developments. With the SGX Nifty trading flat near 24,820, markets may witness a muted start, but volatility is expected as the session progresses. Investors are eyeing US Federal Reserve commentary, crude oil price movements, and FII flows to gauge near-term direction.

🌍 Global Market Cues

Global sentiment remains mixed, with investors awaiting fresh triggers. Overnight, US indices closed flat after initial gains faded as caution prevailed ahead of inflation data. The Dow Jones Industrial Average slipped 0.1%, S&P 500 ended nearly unchanged, and Nasdaq Composite shed 0.2% as tech majors underperformed.

  • US Markets: Flat finish as traders await key CPI data; bond yields rose to 4.35%, signaling inflation concerns.
  • European Markets: Indices like FTSE and DAX closed with mild losses as ECB officials reiterated hawkish tone.
  • Asian Markets: Mixed start this morning. Nikkei slipped 0.4%, Hang Seng was marginally higher, while Shanghai Composite remained flat.
  • Commodities: Brent crude is hovering near $86.9/bbl after recovering from early weakness; gold remains steady at $1,920/oz.
  • Currency: Dollar index rose above 105, putting pressure on Asian currencies. The Indian rupee may see a slightly weaker open near 83.25/$.

📊 SGX Nifty & Early Trends

The SGX Nifty, which gives an early indication of the Indian market trend, is trading flat near 24,820. This suggests that the Nifty 50 could open with a muted bias. However, traders should be prepared for volatility due to weekly F&O expiry and heightened global uncertainty. Markets may continue to consolidate in the range of 24,650–25,000.

📌 Domestic Market Sentiment

Back home, investor sentiment remains cautious after a weak closing on 16 September, led by selling in IT and banking heavyweights. However, defensive sectors like FMCG and pharma may continue to attract buying interest. With FIIs remaining net sellers and DIIs supporting the market, the tug-of-war between global outflows and domestic inflows is likely to dictate short-term direction.

  • Positive Triggers: Festive season demand optimism, steady crude oil prices, and resilient midcap/smallcap activity.
  • Risks: Persistent FII selling, weak IT earnings outlook, and higher bond yields globally.
  • Sentiment Indicator: India VIX hovering near 13 suggests traders remain cautious but not panicked.
Pre-Market 17 Sept 2025 Market Sentiment

📌 In Part 2, we will cover sectoral outlook, Nifty/Sensex/Bank Nifty levels, top stocks in focus, FII/DII positioning, trading strategy, FAQs, and SEO schemas.

📌 Sectoral Outlook

Sectors are likely to see selective action in today’s trade. With volatility expected, traders should watch these key sectors:

  • Banking & Financials: Pressure persists in PSU banks. Private lenders like HDFC Bank and ICICI Bank will be key drivers for Bank Nifty.
  • Information Technology: Nasdaq weakness is likely to keep IT stocks subdued. Infosys and TCS remain under pressure.
  • Automobile: Festive demand optimism may support Maruti, Tata Motors, and M&M.
  • FMCG: Defensive buying could keep HUL and ITC stable.
  • Pharma: Sun Pharma and Dr. Reddy’s may see inflows as defensive bets.
  • Metals: Tata Steel and JSW Steel could remain weak amid global commodity softness.
  • Energy: Reliance may witness range-bound moves; ONGC may track crude prices.

⭐ Stocks in Focus

  • HDFC Bank: Crucial support at ₹1,590. Sustained weakness could weigh on Bank Nifty.
  • Infosys: Facing resistance near ₹1,580. A break below ₹1,550 may invite fresh selling.
  • Maruti Suzuki: Likely to stay positive on festive demand hopes. Support at ₹11,200.
  • Reliance Industries: Trading around ₹2,950; watch for breakouts above ₹2,980.
  • Adani Enterprises: May witness volatility amid news flow; avoid aggressive positions.

📊 Key Technical Levels

  • Nifty 50: Support at 24,650 and resistance at 24,950–25,000.
  • Sensex: Support near 81,200 and resistance around 81,800.
  • Bank Nifty: Support at 54,700; resistance at 55,200.
  • Indicators: RSI at 54 indicates neutral momentum. SuperTrend signals buy above 24,700 but weakens near resistance.

🌐 FII/DII & Derivatives Data

FIIs were net sellers worth ₹1,280 crore in the last session, while DIIs bought equities worth ₹1,450 crore. In derivatives, Call writing was seen at 25,000 and Put additions at 24,700, suggesting a range-bound market with downside support.

⚡ Trading Strategy for Today

  • Adopt a buy-on-dips approach in Nifty above 24,700 with a target of 24,950.
  • For Bank Nifty, avoid longs unless index sustains above 55,200.
  • IT stocks may remain weak; trade with strict stop-losses.
  • Autos and FMCG may outperform on festive demand and defensive buying.
Pre-Market 17 Sept 2025 Key Analysis

❓ Frequently Asked Questions (FAQ)

Q1: What are today’s key support and resistance levels for Nifty?
A1: Support lies at 24,650 and resistance at 24,950–25,000.

Q2: Which sectors may perform well today?
A2: Autos and FMCG may outperform, while IT and metals could remain weak.

Q3: How are FIIs and DIIs positioned?
A3: FIIs continue to sell, while DIIs are supporting markets with fresh buying.

Q4: What is the outlook for Bank Nifty?
A4: Support is at 54,700; a breakout above 55,200 may trigger fresh momentum.

Q5: Should investors buy or wait?
A5: Long-term investors may accumulate on dips, but traders should wait for breakout confirmation.