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Below the Quote on Pre-Market Comment 1st October 2025 by Hardik Matalia, Research Analyst, Choice Broking Ltd

The benchmark Sensex and Nifty indices are expected to open on a flat to negative note on October 01, following GIFT Nifty trends indicating a loss of 25 points for the broader index.

After a flat to negative opening, Nifty can find support at 24,550 followed by 24,500 and 24,450. On the higher side, 24,650 can be an immediate resistance, followed by 24,700 and 24,750.

The charts of Bank Nifty indicate that it may get support at 54,500 followed by 54,400 and 54,300. If the index advances further, 54,800 would be the initial key resistance, followed by 54,900 and 55,000.

The Foreign institutional investors (FIIs) remained net sellers on 7th consecutive session on September 30 as they offloaded equities Rs 2327 crore, while Domestic institutional investors (DIIs) bought equities of Rs 5761 crore on the same day.

INDIAVIX was negative Yesterday down by 2.64% and is currently trading at 11.0650.

The Indian equity market opened flat to positive yesterday but failed to sustain higher levels, with selling pressure seen from the beginning of the session. Thereafter, the Nifty 50 traded sideways for most of the day and eventually ended on a flat to negative note, slightly above the 24,600 mark. On the daily chart, the index has formed a strong bearish-bodied candle with a minor upper and lower wick, reflecting selling pressure at higher levels. Globally, markets traded on a positive note, but Foreign Institutional Investors (FIIs) continued to remain net sellers, highlighting weakness in broader sentiment. On the downside, immediate support is placed near 24,550, followed by strong support at 24,450. A breach below this zone could invite extended selling pressure. On the upside, resistance is seen around 24,650, while a stronger hurdle lies at 24,750. Sustaining above these levels is essential for a pause in selling pressure, while fresh buying interest is likely to emerge only if the index decisively sustains above the 25,000 mark. Until then, the trend remains “sell on rise.” Traders are advised to stay cautious and maintain strict stop-losses to effectively manage risk amid heightened volatility.

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