Indian market indices are likely to open flat to positive on September 10, 2025, led by encouraging global cues and supportive developments in US-India trade, with GIFT Nifty futures indicating mild early gains. markets are expected to open on a cautiously optimistic note, with technical indicators showing bullish undertones amid consolidation, while fundamental and macro factors remain supportive but watchful for global cues and domestic triggers.
Technical Outlook
Today’s Indian market technical outlook is bullish but cautious, with Nifty 50 aiming for the psychological 25,000 mark, while Bank Nifty continues its consolidation with defined intraday support and resistance levels.
Nifty 50 Technicals
- Immediate support lies at 24,800–24,750; holding above this sustains bullish sentiment.
- Strong resistance is at 25,000–25,050; moving above this could trigger fresh upside.
- The index has formed a Doji candlestick on daily charts, indicating indecision but maintaining a positive consolidation bias.
- Key pivot supports: 24,828, 24,810, 24,780; key pivot resistances: 24,888, 24,906, 24,936.
- RSI is above 53 and MACD remains in bullish crossover, supporting ongoing momentum.
Bank Nifty Technicals
- Range-bound between 53,500 and 55,000; immediate support at 54,000.
- Resistance at 54,450–54,600; moving above this may offer intraday momentum.
- Intraday strategy: Buy above 54,200 (targets 54,350–54,650), Sell below 53,850 (targets 53,680–53,180).
- RSI is near oversold, suggesting possibility of rebound if support holds.
- Consolidation continues around the 200-day EMA, with lower shadows indicating attempts at recovery.
Broader Technical Picture
- Both Nifty and Bank Nifty trade above their key moving averages, keeping trend positive.
- Market strategy favors buy-on-dips near critical supports, but volatility may spike near resistance levels and key macro events.
Indian indices are technically geared for upward movement as long as key supports hold, although intermittent consolidation and quick reversals remain likely ahead of US CPI and Fed policy updates.
Fundamental Factors
- FII/DII Activity: FIIs bought equities worth ₹2,050 crore, and DIIs purchased stocks worth ₹50 crore on Tuesday, indicating robust institutional participation.
- Corporate Announcements: Stock-specific action is likely, especially in IT (Infosys buyback on September 11), pharma, and port operators following news flow.
- GST Tax Overhaul: Recent GST Council decisions (moving toward a 5% and 18% tax slab) are seen as positive for consumption sectors, set to boost demand for consumer durables and auto stocks.
Macro & Micro Factors
- Trends and Triggers:
- Global cues: U.S. Federal Reserve meeting, U.S. CPI data, U.S.-India trade tensions, and movements in crude oil and rupee rates form crucial triggers.
- FII flows for September had seen outflows due to global trade tensions but may reverse on positive global developments.
- Valuations in mid and small caps remain stretched, posing risks of profit booking.
- Sectoral Focus:
- Consumption, IT, metals, and export-oriented stocks are likely to lead movements in the coming sessions.
Indian market indices are likely to open flat to positive on September 10, 2025, led by encouraging global cues and supportive developments in US-India trade, with GIFT Nifty futures indicating mild early gains.
Key Global Market Cues
- US Markets: US indices hit record highs in the previous session, buoyed by hopes of Federal Reserve rate cuts despite weak jobs data. S&P 500, Nasdaq, and Dow Jones all closed up, suggesting global risk appetite remains strong.
- Asia: Asian stocks showed mixed but generally positive momentum in early trade, with Japan, South Korea, and Australia steady or higher. Investors await China’s inflation figures and their impact on markets.
- US Dollar & Rupee: The US Dollar Index edged slightly higher, while the Indian rupee weakened marginally against the dollar. A moderate dollar strength may influence FII flows.
- Commodities: Crude oil prices remain volatile, driven by supply concerns and OPEC+ policy updates. Gold is steady following bets on rate cuts, signaling cautious optimism in safe havens.
Domestic Market Triggers
- GIFT Nifty Futures: GIFT Nifty was up around 24,970 early Wednesday, offering a positive lead for domestic equities.
- Sensex & Nifty: Both closed sharply higher on September 9, with gains led by IT, pharma, and FMCG sectors. The Sensex ended at 81,101 (+314 pts), Nifty at 24,869 (+95 pts).
- FII/DII Activity: FIIs have reduced selling momentum, while DIIs provided strong support by buying equities.
Other Developments
- India-US Trade: Renewed optimism on bilateral trade discussions, with positive remarks from US President Trump, boosting sentiment regarding future agreements.
- China Data: Weak consumer inflation and persistent factory-gate deflation from China signal ongoing demand concerns, which may affect global commodity plays and metal stocks.
- Macro Data Watch: Investors remain watchful ahead of US and India’s upcoming CPI releases and the US Fed meeting for further cues on rates and liquidity trends.
Summary Table
Market Cue | Latest June 10 Data/Update | Expected Impact |
US Markets | Record highs for S&P, Nasdaq, Dow | Positive/global risk-on |
GIFT Nifty Futures | 24,970 (+0.10%); mildly positive | Flat to positive start |
Asian Markets | Mixed/mostly positive; China CPI weak | Modest optimism |
Crude Oil | Volatile, supply concerns | Sector-specific moves |
FIIs/DIIs | FIIs easing sell-off, DIIs buyers | Sentiment support |
Indian equities today will react to a blend of upbeat global signals, supportive domestic flows, and trade/policy news, with attention on sector themes and macro releases. Expect cautious optimism and sector rotation in early trades.
Market Strategy
- Bias: Cautiously optimistic, with buy-on-dips advisable near key supports due to major resistance levels.
- Risk Events: Profit booking may surface ahead of U.S. inflation data and the FOMC meeting on September 16–17.
- Actionables: Monitor sectoral shifts, corporate announcements, and keep an eye on global macro developments.
Indian indices may attempt to push higher if supports hold, but volatility may persist due to stretched valuations and anticipated global events.
***Data Sources :-
https://economictimes.indiatimes.com/
https://www.moneycontrol.com/
https://in.tradingview.com
Analyst Name: Pradeep Suryavanshi
Bestmate Investment Services Pvt. Ltd.:
A-1-605, Ansal Corporate Park Sec-142, Noida 201305
CIN: U74999UP2016PTC143375
SEBI Registration Number: INH000015996
Website: www.bestmate.in
Email: pradeep@bestmate.in
Disclaimer: Please read the Following very carefully:
“Investments in securities market are subject to market risks. Read all the related documents carefully before investing.”
- Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
- The fees are paid for research Report or Research recommendations and is not refundable or cancellable under any circumstances.
- We do not provide any guaranteed profit or fixed returns or any other services. We charge fixed fees and do not operate on any profit-sharing model.
- Images if any, shared with you are for illustration purposes only.
- We are not responsible for any financial loss or any other loss incurred by the client.
- Please be fully informed about the risk and costs involved in trading and investing. Please consult your investment advisor before trading. Trade only as per your risk appetite and risk profile.
- Trading/investing in stock market is risky due to its volatile nature. Upon accepting our service, you hereby accept that you fully understand the risks involved in trading/investing.
- We advise the viewers to apply own discretion while referring testimonials shared by the client. Past performances and results are no guarantee of future performance.
- All Report or recommendations shared are confidential and for the reference of paid members only. Any unapproved distribution of sensitive data will be considered as a breach of confidentiality and appropriate legal action shall be initiated.
- The Research Report or recommendations must not be used as a singular basis of any investment decision. The views do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing and trading. Our recommendations should not be construed as investment advice.
- In case of any query, please email on Info@bestmate.in be rest assured, our team will get back to you and resolve your query. Please state your registered phone number while mailing us.
- Reports based on technical and derivative analysis center on studying charts of a stock’s price movement, outstanding positions and trading volume, as opposed to focusing on a company’s fundamentals and, as such, may not match with a report on a company’s fundamentals.
Disclosure Document
The particulars given in this Disclosure Document have been prepared in accordance with SEBI(Research Analyst)Regulations,2014.The purpose of the Document is to provide essential information about the Research and recommendation Services in a manner to assist and enable the prospective client/clients in making an informed decision for engaging in Research and recommendation services before investing.
For the purpose of this Disclosure Document, Research Analyst is Pradeep Suryavanshi Director, of Bestmate Investment Services Pvt Ltd (hereinafter referred as “Research Analyst”)
Business Activity: Research Analyst is registered with SEBI as Research Analyst with Registration No. INH000015996. The firm got its registration on and is engaged in research and recommendation Services. The focus of Research Analyst is to provide research and recommendations services to the clients. Analyst aligns its interests with those of the client and seeks to provide the best suited services.
Terms and conditions:
The Research report is issued to the registered clients. The Research Report is based on the facts, figures and information that are considered true, correct and reliable. The information is obtained from publicly available media or other sources believed to be reliable. The report is prepared solely for informational purpose and does not constitute an offer document or solicitation to buy or sell or subscribe for securities or other financial instruments for clients.
Disciplinary history:
- No penalties/directions have been issued by SEBI under the SEBI Act or Regulations made there under against the Research Analyst relating to Research Analyst services.
- There are no pending material litigations or legal proceedings, findings of inspections or investigations for which action has been taken or initiated by any regulatory authority against the Research Analyst or its employees.
Details of its associates:- No associates
Disclosures with respect to Research Reports and Research Recommendations Services
- The research analyst or research entity or his associate or his relative do not have financial interest in the subject company.
- The research analyst or its associates or relatives, do not have actual/beneficial ownership of one per cent or more securities of the subject company, at the end of the month immediately preceding the date of publication of the research report or date of the public appearance.
- The research analyst or his associate or his relative do not have any other material conflict of interest at the time of publication of the research report or at the time of public appearance.
- The research analyst or its associates have not received any compensation from the subject company in the past twelve months.
- The research analyst or its associates have not managed or co-managed public offering of securities for the subject company in the past twelve months.
- The research analyst or its associates have not received any compensation for investment banking or merchant banking or brokerage services from the subject company in the past twelve months.
- The subject company was not a client of Research Analyst or its employee or its associates during twelve months preceding the date of distribution of the research report and recommendation services provided.
- The research analyst or its associates have not received any compensation for products or services other than investment banking or merchant banking or brokerage services from the subject company in the past twelve months.
- The research analyst or its associates have not received any compensation or other benefits from the subject company or third party in connection with the research report.
- The research analyst has not been engaged in market making activity for the subject company.
- The research analyst has not served as an officer, director or employee of the subject company.
- The research analyst did not receive any compensation or other benefits from the companies mentioned in the documents or third party in connection with preparation of the research documents. Accordingly, research Analyst does not have any material conflict of interest at the time of publication of the research documents.