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Below the Quote on Pre-Market Comment by Hardik Matalia, Research Analyst, Choice Broking

The benchmark Sensex and Nifty indices are expected to open flat to slightly negative on Aug 29, following GIFT Nifty trends indicating a loss of -20 points for the broader index.

Nifty can find support at 25,000 followed by 24,950 and 24,900. On the higher side, 25,100 can be an immediate resistance, followed by 25,150 and 25,200.

The charts of Bank Nifty indicate that it may get support at 51,000, followed by 50,900 and 50,800. If the index advances further, 51,300 would be the initial key resistance, followed by 51,500 and 51,600.

The foreign institutional investors (FIIs) turned net sellers on August 28 as they sold equities worth Rs 1,347 crore, while domestic institutional investors bought equities worth Rs 439 crore on the same day.

INDIAVIX was positive Yesterday up by 2.33% and is currently trading at 13.9500.

Yesterday, the Indian markets reached a fresh all-time high of 25,129.60 and closed strongly above the 25,000 mark. After three consecutive days of buying, Foreign Institutional Investors (FIIs) turned net sellers. On today's monthly expiry, Nifty is expected to trade sideways to bullish. If the index sustains above 25,150, it could push the market towards the 25,300 to 25,500 range. On the downside, 24,950 will act as immediate support. Traders holding long positions should maintain a trailing stop loss at 24,900 on a closing basis.

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