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Below the Quote On Pre-market comment by Deven Mehata, Research Analyst, Choice Broking Ltd

The benchmark Sensex and Nifty indices are expected to open flat to positive on SEPT 2, following GIFT Nifty trends indicating a gain of 20 points for the broader index.

Nifty can find support at 25,200 followed by 25,100 and 25,000. On the higher side, 25,300 can be an immediate resistance, followed by 25,350 and 25,400.

The charts of Bank Nifty indicate that it may get support at 51,300, followed by 51,100 and 51,000. If the index advances further, 51,500 would be the initial key resistance, followed by 51,700 and 51,800.

The foreign institutional investors (FIIs) extended their buying as they bought equities worth Rs 5316 crore on August 30, while domestic institutional investors sold equities worth Rs 3198 crore on the same day.

INDIAVIX was flat to negative on Friday down by 2.86% and is currently trading at 13.3925.

Nifty traded positive for the 12 consecutive sessions indicating strength in markets. US markets have also traded positive on Friday and closed at all-time high levels. Traders holding long positions can book profits near 25300 levels and purchase on dips near 25100 levels with a strict stop loss of 24950 on closing basis.

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