PRE-MARKET REPORT 19 September 2025 | Nifty • Sensex • Bank Nifty

🌅 Pre-Market Report | 19 September 2025

Good morning traders! Welcome to the Pre-Market Report for 19 September 2025. Today’s session begins after a volatile week, where domestic indices saw profit-booking at higher levels while global cues added pressure. This report will cover GIFT Nifty trends, global markets, key support-resistance levels, FII/DII activity, sectoral outlook, and stock ideas to help you prepare for today’s trade.

🌍 Global Market Overview

Global markets continue to set the tone for Indian equities. Asian peers are trading mixed this morning after Wall Street closed flat-to-negative amid concerns over interest rate trajectories and slowing economic data.

  • US Markets: The Dow Jones slipped 0.2%, S&P 500 fell 0.3% while Nasdaq ended nearly flat as bond yields edged higher.
  • Europe: FTSE and DAX ended in the red with pressure from weak manufacturing data. Investors await the ECB’s commentary on inflation.
  • Asia: Nikkei opened 0.5% higher but Hang Seng and Shanghai Composite were subdued due to China’s property sector stress.
  • Crude Oil: Brent crude trades near $82.5/bbl, slightly lower after recent supply-led spikes.
  • US Dollar Index: Holds firm near 104.8; rupee may see slight pressure at the open.

📊 GIFT Nifty Update

As of 7:45 AM IST, GIFT Nifty futures are trading flat to mildly negative around 24,720, indicating a cautious start for the Indian market. This follows Thursday’s close where Nifty ended near 24,690 amid broad-based selling in IT and banking.

📈 Domestic Cues & Market Sentiment

The domestic market mood is mixed. While resilience in FMCG and pharma provides comfort, persistent FII selling and weak IT earnings outlook continue to weigh on sentiment. Traders are likely to remain cautious ahead of the US Fed policy outcome next week, which could decide the short-term direction of global liquidity flows.

📌 Nifty, Sensex & Bank Nifty Outlook

Nifty 50

  • Previous Close: 24,690
  • Support: 24,600 – 24,500
  • Resistance: 24,850 – 25,000
  • View: Consolidation expected; a break above 24,850 may trigger short-covering, while a fall below 24,500 could invite further selling.

Sensex

  • Previous Close: 81,740
  • Support: 81,200 – 81,000
  • Resistance: 82,400 – 82,800
  • View: Likely to stay range-bound; watch heavyweights like Reliance, HDFC Bank, and TCS for index direction.

Bank Nifty

  • Previous Close: 52,230
  • Support: 51,800 – 51,500
  • Resistance: 52,800 – 53,000
  • View: Under pressure from private banks; strength only above 52,800.

📅 Economic Calendar & Key Triggers

Domestic traders will watch wholesale inflation and trade balance data today. Globally, US jobless claims and Japan’s industrial output figures are key events. These may influence currency and equity market moves intraday.

📢 Quick News Highlights

  • RBI expected to keep liquidity management measures tight ahead of festival demand.
  • IT companies under scanner as attrition rates and weak global tech budgets weigh in.
  • Automobile demand remains resilient with festive season pre-bookings rising.
  • Pharma companies see margin expansion on falling input costs.
  • FMCG sector may benefit from rural recovery trends, say analysts.

🏦 Sectoral Outlook

Sector rotation is expected to play a crucial role in today’s session. Defensive plays may remain in focus while cyclical sectors could remain under pressure.

  • IT: Weak earnings guidance from global peers may keep pressure on Infosys, Wipro, and TCS.
  • FMCG: Likely to see buying interest as rural recovery strengthens and inflation cools.
  • Pharma: Outperformance may continue with margin tailwinds; Sun Pharma, Cipla in focus.
  • Banks: Under pressure from FII selling; watch HDFC Bank and ICICI Bank for direction.
  • Auto: Pre-festive demand push could support stocks like Maruti and M&M.
  • Metals: Remain vulnerable to global demand slowdown; Tata Steel, JSW Steel key movers.

💡 Stocks in Focus

Here are some stocks that could see action today based on news flow and technical patterns:

  • ITC: Continues to show resilience; momentum traders may eye ₹510 levels.
  • Reliance Industries: Focus on telecom and retail performance; levels around ₹3,050 crucial.
  • Sun Pharma: Bullish momentum likely to continue toward ₹1,550.
  • Maruti Suzuki: Pre-festive bookings strong; immediate resistance at ₹11,050.
  • Infosys: Weak bias below ₹1,530; shorting opportunity if global IT stocks remain under pressure.

💰 FII/DII Flows

Foreign investors remained net sellers in the previous session, while domestic institutions absorbed some pressure with selective buying.

  • FIIs: Net outflow of ₹1,240 crore on 18 September.
  • DIIs: Net inflow of ₹890 crore, mainly into FMCG and auto names.

📉 Derivatives & Technical Levels

Nifty option chain data shows resistance building at 25,000 CE while strong Put writing seen around 24,500 PE. India VIX edged higher to 12.9, suggesting caution.

  • Nifty: Support 24,600–24,500 | Resistance 24,850–25,000
  • Bank Nifty: Support 51,800 | Resistance 52,800
  • Strategy: Buy-on-dips only if Nifty holds above 24,600; avoid aggressive longs until 24,850 is crossed.

📢 Analyst Commentary

Experts believe the market may stay range-bound ahead of the US Fed outcome next week. Traders should keep positions light, focus on stock-specific opportunities, and maintain strict stop losses given the heightened volatility.

🔮 Outlook for Today

Indian equities may open flat with a negative bias. If Nifty sustains above 24,600, short-covering could drive it toward 24,850. However, a breach of 24,500 could accelerate selling pressure. Traders are advised to track FMCG and pharma as defensive bets.

🎯 Educational Tip – Advance-Decline Ratio

The Advance-Decline Ratio is a simple yet powerful indicator. It compares the number of advancing stocks with declining ones. A strong ratio (>1.2) indicates bullish breadth while a weak ratio (<0.8) signals market weakness. Use it to gauge whether rallies are broad-based or narrow.

❓ FAQ – Pre-Market Report 19 Sept 2025

Q1: What is the outlook for Nifty today?
A: Range-bound between 24,600–24,850 with cautious sentiment.

Q2: Which sectors may outperform?
A: FMCG and pharma are likely to stay resilient.

Q3: Why are FIIs selling?
A: Global uncertainty, higher US yields, and risk-off mode are prompting exits.