Global cues remain supportive as US and Asian markets trade higher. SGX Nifty indicates a positive opening for Indian equities amid optimism in IT and banking stocks.
🌅 Morning Market Overview — 8 October 2025
Indian markets are poised to open higher on Tuesday, tracking positive trends across global equities. The SGX Nifty suggests a firm start, buoyed by gains in US tech shares and encouraging economic data from Asia. Investors will focus on upcoming quarterly results, especially from the IT sector, with TCS and Infosys set to announce earnings this week.
Market analysts expect the Nifty 50 to extend its uptrend as foreign inflows continue and domestic economic indicators remain stable. However, volatility may increase during the second half of the week ahead of CPI inflation data and crude oil price movement.
🌍 Global Market Summary
🗽 US Markets
Wall Street ended higher overnight as investors remained confident that inflation pressures are easing. The Dow Jones gained 0.35% to close at 38,380.20, while the S&P 500 rose 0.44% to 5,221.85. The Nasdaq Composite outperformed, advancing 0.72% to 16,360.12, led by strong gains in Apple, Microsoft, and Nvidia.
💶 European Markets
European stocks closed in the green as lower energy costs boosted investor sentiment. The FTSE 100 rose 0.30%, the DAX gained 0.47%, and the CAC 40 climbed 0.40%. ECB policymakers reiterated their cautious approach toward future rate hikes, supporting broader market stability.
🌏 Asian Markets
Asian equities followed Wall Street’s lead with broad-based gains. Japan’s Nikkei 225 advanced 0.58% to 39,420, South Korea’s Kospi added 0.50%, and Hong Kong’s Hang Seng rose 1.10%. Investors expect policy easing measures from China in the coming weeks, boosting regional optimism.
🇮🇳 SGX Nifty Points to Positive Start
At 8:10 AM IST, the SGX Nifty was trading at 23,965, up +85 points (+0.36%), indicating a strong start for domestic markets. The positive momentum from US tech stocks and improving Asian sentiment are expected to keep bulls active during the early trade session.
However, traders may stay cautious ahead of inflation data due later this week, which could influence global interest rate expectations.
📈 Nifty, Sensex & Bank Nifty — Key Levels to Watch
The Nifty 50 ended the previous session at 23,810.55, up 45 points (+0.19%). Technical indicators continue to show strength with the index holding above its 20-day EMA. Analysts expect the index to test 24,000 in the near term if it sustains above 23,750.
- Support: 23,720 / 23,650
- Resistance: 23,940 / 24,050
- Pivot Level: 23,800
The Sensex is expected to open near 78,500, supported by banking and IT names. Meanwhile, Bank Nifty is likely to trade firm after closing at 51,680.45 on Monday, showing signs of fresh long buildup in private sector banks.
- Bank Nifty Support: 51,400 / 51,200
- Resistance: 51,950 / 52,150
— 8 Oct 2025 Morning Market Outlook
💼 Institutional Flow — FII & DII Preview
Foreign Institutional Investors (FIIs) remained net buyers for the third straight session, injecting nearly ₹1,125 crore into equities on 7 Oct 2025. Domestic Institutional Investors (DIIs) booked partial profits worth ₹480 crore. Continuous foreign inflows, coupled with strong domestic participation, are likely to support the market’s uptrend today.
🔎 Stocks in Focus Today
- TCS & Infosys: Ahead of Q2 earnings; IT sector may remain volatile on guidance outlook.
- Reliance Industries: Crude price dip and telecom updates to influence stock trend.
- HDFC Bank: Retail credit growth remains robust — watch for pre-result positioning.
- Maruti Suzuki: Festive-season sales momentum expected to support auto index.
- IRCTC & Rail Stocks: Strong momentum on policy reforms and capex boost.
⚙️ Technical Setup — EMA & SuperTrend Signals
The Nifty 50 remains above key short-term averages indicating continued bullish momentum ahead of results season. Price action supports a move towards 24,000+ if global cues stay favorable.
- 20-EMA: 23,760
- 50-EMA: 23,520
- SuperTrend: Buy signal active above 23,700
Bank Nifty looks strong with fresh long positions building around 51,600–51,700. A decisive close above 52,000 may open the door toward 52,350 in the near term.
Start Now 🚀
🧰 Explore Free Market Tools Hub
Access our Stock Market Tools Hub for live screeners, technical indicators, and trend calculators — free for News Network India readers.
📊 Trading Strategy for the Day
Analysts recommend a buy-on-dip approach with stop-loss placed near 23,700 on the Nifty. Traders should watch for sectoral rotation — IT and Banking may lead, while Energy and FMCG could see mild profit booking.
❓ Frequently Asked Questions
1️⃣ What is the outlook for Nifty today?
Positive bias with support at 23,720 and resistance near 23,950. Holding above 23,800 will keep bullish momentum intact.
2️⃣ Which sector looks strong this morning?
IT and Banking stocks are expected to lead early trade as earnings season begins.
3️⃣ Is FII data supportive for the market?
Yes — continuous foreign inflows suggest global investors remain confident in India’s growth story.
0 Comments