Quote on Markets Commentary for 08th September 2025 by Ashika Institutional Equities
Below the Quote on Markets Commentary for 08th September 2025 by Ashika Institutional Equities
Indian markets kicked off the day on a buoyant note, &fueled by optimism from GST rate cuts and rising bets of a Fed rate cut later this month after softer US jobs data*. Momentum stayed strong throughout the session, with the Auto sector stealing the spotlight on GST cheer, closely followed by Metals, Construction, Consumption, and PSU Banks. On the flip side, IT and Consumer Durables bore the brunt of weakness.
On the derivatives front, the advance-decline ratio tilted heavily in favor of the bulls, with 157 stocks advancing against just 56 declining as of 2:00 PM. In Nifty’s weekly expiry setup, the highest call open interest is clustered at the 25,000 and 24,900 strikes—levels that could serve as stiff resistance in the sessions ahead. Meanwhile, the put base at 24,800 and 24,700 is likely to provide a solid cushion. The Put-Call Ratio (PCR) stands firm at 1.13
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