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Below the Quote on Market Wrap 11th September 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices witnessed range-bound activity at higher levels. The Nifty ends 32  points higher, while the Sensex was up by 124  points. Among sectors, the Oil and Gas index outperformed, rallying over 1 percent, whereas the Capital Market index lost the most, shedding 1.60 percent. Technically, after a muted open, the entire day saw lackluster activity. On daily charts, it has formed a small candle, and on intraday charts, it is witnessing consolidation.

For day traders, the 50-day SMA (Simple Moving Average) or 24,900/81200 would act as a crucial support zone. As long as the market is trading above this level, the bullish sentiment is likely to continue. On the higher side, 25,050/81700 would be the immediate breakout zone. A successful breakout above 25,050/81700 could push the market up to 25,150–25,200/82000-82200. On the flip side, a move below 24,900/81200 would render the uptrend vulnerable.

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