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Below The Quote on Pre-Market Comment 13 June 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd

The benchmark Sensex and Nifty indices are expected to open on a negative note on June 13, following GIFT Nifty trends indicating a loss of 293 points for the broader index.

After a negative opening, Nifty can find support at 24,600 followed by 24,500 and 24,400. On the higher side, 24,900 can be an immediate resistance, followed by 25,000 and 25,200.

The charts of Bank Nifty indicate that it may get support at 55,500 followed by 55,100 and 54,800. If the index advances further, 56,000 would be the initial key resistance, followed by 56,200 and 56,400.

The Foreign institutional investors (FIIs) extended their selling on the second day as they sold equities worth Rs 3,831 crore on June 12, Domestic institutional investors (DIIs) bought equities of Rs 9,393 crore on the same day.

INDIAVIX was positive Yesterday up by 2.54% and is currently trading at 14.0150.

Yesterday, Indian benchmark indices opened on a flat note and attempted to move higher in the early trades. However, the upward momentum was short-lived as persistent selling pressure dragged the indices lower throughout the session. The Nifty 50 eventually closed below the 24,900 marks, signaling a sharp intraday reversal and weakening sentiment. Adding to the cautious undertone, global markets traded in the red, while Foreign Institutional Investors (FIIs) turned net sellers, further dampening investor confidence. From a technical perspective, strong support for the Nifty is placed at 24,500, followed by 24,400; a breach below these levels could trigger extended selling pressure. On the upside, the index must reclaim and sustain above 24,800, with the 25,000–25,200 zone acting as a critical hurdle for any meaningful upside. Given the ongoing geopolitical tensions and fragile global cues, traders are advised to maintain a cautious stance, avoid large overnight exposures, and strictly adhere to stop-loss levels while navigating short-term opportunities.

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