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Below the Quote on Pre-Market Comment by Hardik Matalia, Derivative analyst, Choice Broking Ltd

The benchmark Sensex and Nifty indices are expected to open flat on Oct 01, following GIFT Nifty trends indicating a gains of 11 points for the broader index.

After a flat opening, Nifty can find support at 25,750 followed by 25,650 and 25,500. On the higher side, 25,950 can be an immediate resistance, followed by 26,000 and 26,050.

The charts of Bank Nifty indicate that it may get support at 52,700, followed by 52,500 and 52,300. If the index advances further, 53,200 would be the initial key resistance, followed by 53,300 and 53,400.

The foreign institutional investors (FIIs) extended their selling as they sold equities worth Rs 9792 crore on September 30, while domestic institutional investors extended their buying as they bought equities worth Rs 6645 crore on the same day.

INDIAVIX was positive Yesterday up by 6.90% and is currently trading at 12.7875.

Yesterday, the Indian markets experienced a volatile session, with selling pressure dragging the indices lower, closing near the 25,800 mark. This decline reflected profit booking and resistance at higher levels, signaling a potential pullback after recent gains as investors turned cautious amid elevated valuations. Global markets traded with mixed sentiment, with some closing higher while others ended flat. Looking ahead, key resistance levels are at 25,950, followed by 26,050. For the bullish sentiment to continue, the market must sustain above these levels. On the downside, immediate support lies at 25,700, followed by 25,500. A break below these could trigger additional selling of 300-500 points. Traders holding long positions are advised to book profits on any bounce near resistance zones and wait for dips to re-enter buying positions.

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