📊 Market Overview – 29 August 2025

The Indian stock market opens cautiously today, 29 August 2025, as global cues stay mixed and domestic investors search for new triggers. On Wednesday, both Nifty 50 and Sensex moved with volatility but closed almost flat. Moreover, analysts advise traders to track key support and resistance levels as the August series expiry approaches.

• Nifty 50 closed at 24,210, down 0.12%
• Sensex ended at 79,850, down 0.15%
• Bank Nifty and IT stocks showed mixed trends

🌍 Global Market Signals

• US Markets: Dow Jones slipped slightly because tech stocks dragged indices lower. Meanwhile, Nasdaq also dropped, showing weakness in the tech sector.
• Asian Markets: Nikkei and Hang Seng traded mixed, while Shanghai Composite stayed flat. On the other hand, no strong global direction appeared.
• Oil Prices: Brent crude hovered around $81 per barrel, and this movement could pressure energy and airline stocks.
• Rupee Movement: The INR stayed near 83.05 against the USD, but traders still expect further depreciation.

🔑 Key Levels to Watch (29 August 2025)

• Nifty 50: Support at 24,050; Resistance at 24,350
• Sensex: Support at 79,500; Resistance at 80,200
• Bank Nifty: Support at 52,900; Resistance at 53,700

📌 Stock-Specific Action

• Infosys & TCS: Global IT weakness may put pressure on both stocks. Furthermore, traders should remain cautious in the short term.
• HDFC Bank & ICICI Bank: Investors track support zones closely, and sharp moves can follow any breakout.
• Reliance Industries: Crude price swings could drive volatility, so traders must apply strict stop-loss strategies.

⚡ F&O Expiry Effect

Since today marks the monthly F&O expiry, analysts expect volatility to rise in the second half of the session. Moreover, stock-specific action may dominate broader indices. Therefore, traders should follow strict stop-loss rules and remain selective.

📈 Expert View

Market experts suggest a buy-on-dips strategy for long-term investors. In addition, short-term traders should wait until expiry ends and trends become clear. Overall, caution remains the key because intraday volatility could spike.

✅ Disclaimer: Trading carries high risk. This update is for information only and does not serve as investment advice.