FRIDAY 

17-OCT-2025

 

Nifty index closed bullish-running above key EMA-RSI around 65-POI:  25625

FLAT to POSITIVE

Today’s Market Prediction:

• Indian stock market Would open NEGATIVE
• Technically, Nifty is in the Bullish zone- BankNifty is in the Bullsh zone
• Nifty index formed a long bullish candle on the daily charts.
• India VIX up by 3.18 percent to 10.87 levels.
• Fortis Healthcare:IHH Healthcare Berhad has announced an open offer for the acquisition of up to a 26.10% stake in Fortis Healthcare, and a 26.11% stake in Fortis Malar Hospitals.
• Biocon:Biocon’s subsidiary, Biocon Biologics, has expanded its partnership with Civica Inc. to launch a private-label insulin Glargine for diabetes treatment in the United States.

Stocks in NEWS:-

• JSW Energy:The company’s subsidiary, JSW Energy (Utkal), has received a Letter of Award from Power Company of Karnataka for a 400 MW, 25-year power supply agreement, starting from April 1, 2026. The required coal will be procured from Coal India under the SHAKTI Scheme 2017.

• Godrej Industries:The company has made a further investment of Rs 409 crore in its subsidiary Godrej Capital. As a result, it now holds a 91.11% stake in the subsidiary.

• BEML:BEML has entered into a Memorandum of Understanding (MoU) with Kineco for collaboration in the field of advanced composite manufacturing for aerospace and defence applications.

• Sanofi Consumer Healthcare India:The Board has approved the appointment of Richard D’souza as the Chief Financial Officer (CFO) of the company, effective October 16.

• Rubicon Research:Nomura Funds Ireland Plc, through Nomura Funds Ireland India Equity Fund, has acquired 16.5 lakh shares (representing a 1 percent stake) in Rubicon Research at Rs 616.31 per share, amounting to a total value of Rs 101.69 crore.

• Canara Robeco AMC:Negen Capital Services, founded by Neil Bahal, has acquired 10.9 lakh shares at Rs 281.79 per share, for a total investment of Rs 30.7 crore.

• Cartrade Tech:Plutus Wealth Management LLP bought 3.75 lakh shares (representing a 0.78% stake) in CarTrade Tech at Rs 2,454.98 per share, totaling Rs 92.06 crore.

• CMS Info Systems:PPFAS Mutual Fund acquired 20 lakh shares (representing a 1.21% stake) at Rs 358 per share, for a total of Rs 71.6 crore.However, WF Asian Reconnaissance Fund, managed by Ward Ferry Management, sold 26.9 lakh shares (1.63% stake) at Rs 358.01 per share, for Rs 96.3 crore. This sale is against the fund’s 3.14% stake (51.62 lakh shares) held as of September 2025.

• IRB InvIT Fund:L&T Technology Services purchased 72.37 lakh units at Rs 60.40 per unit for Rs 43.71 crore, while Larsen & Toubro acquired 4.41 crore units at Rs 60.24 per unit for Rs 266.19 crore. Together, they acquired an 8.85% stake in the IRB InvIT Fund.

Market Indication:-

Global:FLAT to POSITIVE

NIFTY:FLAT to POSITIVE

BANKNIFTY:FLAT to POSITIVE

PCR:The Nifty Put-Call ratio (PCR), which indicates the mood of the market, jumped to 1.38 on October 16 (the highest level since September 23, 2024), compared to 1.21 in the previous session.

BULK Deals:IRB InvIT Fund,CMS Info Systems, Cartrade Tech etc. 

Stocks In F&O Ban Period:Sammaan Capital

Results Today:Reliance Industries, JSW Steel, JSW Energy, 360 ONE WAM, Atul, AU Small Finance Bank, Bajaj Healthcare, Bank of India, Ceat, Central Bank of India, CESC, CRISIL, Dalmia Bharat, DCB Bank, Dixon Technologies, Havells India, Hindustan Zinc, India Cements, IndiaMART InterMESH, Jindal Saw, Jana Small Finance Bank, L&T Technology Services, Oracle Financial Services Software, Polycab India, Poonawalla Fincorp, PVR Inox, REC, Shoppers Stop, Sobha, Solarworld Energy Solutions, Sterling and Wilson Renewable Energy, Tanla Platforms, Tata Technologies, Tejas Networks, TTK Healthcare, UCO Bank, and Ujjivan Small Finance Bank

 

GIFT NIFTY:  (Negative) 

25609     -34.00     -0.13

FII-DII: DIIs net buy shares worth Rs 2913 crore, FIIs net buy Rs 877 crore.

NIFTY (25585) The support for the Nifty is: 25435-25375-25280 and the Resistance to the up move is at: 25625-25685-25780 levels.

BANKNIFTY (57423): The support for BankNifty is: 57110-56985-56785 and the Resistance to the up move is at 57515-57645-57845 levels.

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Note:

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we are not SEBI registered . you may consult your Financial advisor before taking trade.
Our views are based on candlestick charts,patterns,Mathematical based calculation ( pivot)
we are not responsible for any profit/loss as views are for Educational/Observation Purpose
Maintain your daily risk as per your capital and risk management. daily risk should not cross more than 2 % of your Total capital . managing your risk is important in any kind of trading . If you are in direction of Profit then Trail your SL . without SL no trade. 

If you are Trading in Equity : then you may use this calculation for risk management
If Daily Risk in Equity is Rs. 250 and SL is of 5 points ( from entry point to SL point)  then Qty should be taken as per this Risk: 250/5 = Qty 50