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Below the Pre-Market Comment by Hardik Matalia, Derivative Analyst, Broking Ltd

The benchmark Sensex and Nifty indices are expected to open positive on Sept 19, following GIFT Nifty trends indicating a gain of 83 points for the broader index.

After a positive opening, Nifty can find support at 25,300 followed by 25,250 and 25,200. On the higher side, 25,500 can be an immediate resistance, followed by 25,550 and 25,600.

The charts of Bank Nifty indicate that it may get support at 52,500, followed by 52,300 and 52,100. If the index advances further, 53,000 would be the initial key resistance, followed by 53,300 and 53,500.

The foreign institutional investors (FIIs) bought equities worth Rs 1153 crore on September 18, while domestic institutional investors also bought equities worth Rs 152 crore on the same day.

INDIAVIX was positive Yesterday up by 6.22% and is currently trading at 13.3725.

Yesterday, Indian markets experienced significant volatility. The Nifty index ended slightly lower, while the Nifty Bank index rose by 1%. Global markets exhibited mixed sentiment following the U.S. Federal Reserve's first rate cut in four years. On the downside, immediate support for the Nifty is seen at 25,300, followed by 25,200. On the upside, key resistance is at 25,500, and a breakout above this level could trigger a bullish trend, with potential targets in the 25,650–25,800 range. Traders holding long positions are advised to maintain them, with a trailing stop loss set at 25,200 on a closing basis.

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