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Below the Quote on Post Market Comment 19th Aug 2025 by Mandar Bhojane, Research Analyst, Choice Broking

Indian equity markets ended the day on a positive note, with the Nifty reclaiming the 25,000 mark. The Sensex gained 370.64 points or 0.46% to close at 81644.39, while the Nifty rose 103.7 points or 0.42% to settle at 24,980.65. BSE Midcap and Smallcap indices are up 0.5% each. Among sectors, except pharma, all other sectoral indices are trading in the green with media, auto, oil & gas up 1% each. Ola Electric, Reliance Industries, Tata Motors, Maruti Suzuki, Eternal are among most active shares on the NSE.

On the technical front, after a gap-up opening, the Nifty has sustained for two sessions in a sideways-to-bullish trend. Prices are taking support at the 20, 50, 100, and 200 EMAs, indicating strong underlying strength. If the index sustains above 25,050, it has the potential to move towards 25,250 and 25,500 in the coming sessions. Overall, the market continues to show bullish momentum, and any dip is likely to be seen as a buying opportunity. RSI at 55 is trending upwards, indicating strengthening positive momentum.

Bank Nifty, however, continues to underperform, still trading below its recent breakout zone. Immediate resistance is placed at 56,000, a level above which fresh momentum could be expected. On the downside, support lies near 54,995 at the 100 EMA. As long as the index remains capped below 56,000, its trend is likely to stay range-bound to weak compared with the Nifty.

Volatiliy eased further as India VIX slipped 4.58% to 11.775, reflecting reduced market fear and improved stability. In the options segment, the highest Call open interest is seen at 25,000 and 25,500, marking key resistance zones, while the highest Put open interest is placed at 24,900 and 24,800, indicating strong support levels.

The combined technical and derivatives setup suggests that the market bias remains positive. A decisive close above 25,000 could trigger fresh momentum. Traders are advised to stay cautiously bullish, use declines to accumulate quality stocks, and protect positions with appropriate stop-losses.

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