Indian stock market indices, the Nifty 50 and the Sensex, are expected to open with a somewhat negative bias on September 19, 2025, despite positive signals from global markets.
Global Market Influences
- Positive Cues: European indices closed firmly, and the Dow Jones Industrial Average also showed gains. Asian markets traded higher following the overnight rally on Wall Street. Japan's Nikkei 225 index hit a fresh record high for the second consecutive day.
- Mixed Signals: Softness in the NASDAQ and S&P 500 might weigh on IT stocks, creating a mixed global backdrop for Indian equities.
Indian Market Dynamics
- GIFT Nifty: The GIFT Nifty was trading lower, suggesting a negative start for the Indian benchmark index.
- Previous Day's Performance: On Thursday, September 18, the Nifty 50 closed above the 25,400 level, and the Sensex closed at 83,013.96. Both indices marked their third consecutive day of gains.
- Market Capitalization: The total market capitalization of all BSE-listed firms has climbed to an 11-month high.
- FII/DII Activity: Persistent FII outflows may restrict sharp gains, but healthy DII inflows offer a cushion.
- Volatility: India VIX has dropped, signaling subdued volatility and improved confidence for range-bound but stable trading.
Nifty 50 and Sensex Predictions
- Nifty 50: Nifty 50 is expected to open lower, potentially breaking its recent winning streak. Support is expected at 25,300 and 25,150, with crucial resistance at 25,500. A decisive move above this level could trigger a rally towards 26,000.
- Sensex: The short-term outlook for Sensex remains positive. For day traders, immediate resistance is expected at 83,300, and a successful breakout could push it to 83,500 - 83,600.
Key Stocks to Watch
- Texmaco Rail, Biocon, and Vedanta are among the stocks to watch.
- Sumeet Bagadia recommends buying Zen Technologies Limited, Usha Martin, Hariom Pipe Industries, Hyundai Motor Co, and HFCL.
Overall Sentiment
- Market sentiment is generally positive, with experts suggesting a focus on stock-specific opportunities.
- Analysts expect the Nifty 50's uptrend to continue, with immediate resistance at 25,500.
- Favorable sentiment across key sectors is expected to keep the tone positive.
Important Factors to Consider
- Global cues and sectoral rotations will likely guide intraday sentiment.
- US tariff worries may lead to a cautious opening, despite strong cues from global markets.
- The Federal Reserve's recent rate cut and indications of possible additional cuts have boosted investor sentiment.
Disclaimer: This information is for informational purposes only and not investment advice.