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2025-09-15 05:38:03 pm | Source: Kotak Securities Ltd
Quote on Market Wrap 15th September 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities
Quote on Market Wrap 15th September 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities

Below the Quote on Market Wrap 15th September 2025 by Shrikant Chouhan, Head Equity Research, Kotak Securities

 

Today, the benchmark indices witnessed lackluster activity. The Nifty ends 45 points lower, while the Sensex was down by 119 points. Among sectors, the Reality index outperformed, rallying over 2.60 percent, whereas intraday profit booking was seen in selective IT and Pharma stocks. Technically, after a muted open, the entire day hovered between the 25,050/81750 to 25,125/82000 ranges. Non-directional intraday activity and a small bearish candle indicate indecisiveness between the bulls and the bears.

For day traders now, 25,050/81750 and 25,000/81500 would act as key support zones, while 25,125/82000 and 25,150/82100 could serve as crucial resistance levels for the bulls. On the higher side, a successful breakout above 25,150/82100 could push the market up to 25,150–25,200/82400-82500. Conversely, below 25,000/81500, it could retest the 50-day SMA (Simple Moving Average) level or 24,900/81200.

 

 

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