Premarket Report – August 28, 2025
Published: 09:04 AM IST
Premarket Updates
- GIFT Nifty Gains: GIFT Nifty futures at 24,680 (+0.43%), pointing to a strong start for Nifty 50 with positive global sentiment.
- GST 2.0 Buzz: GST reforms aiming for a two-slab system by Diwali 2025 lift hopes for auto and consumer goods sectors.
- US Tariff Jitters: New 25% US tariffs on Indian exports, effective August 27, raise concerns for pharma and textile stocks.
- Banking Resilience: HDFC Bank, SBI likely to stay firm, buoyed by steady FII inflows and positive domestic cues.
- Global Markets Steady: Asian markets trade mixed; US markets closed higher, fueled by Fed’s rate cut optimism.
- IT Sector Struggles: Nifty IT index under pressure as global tech demand slows, impacting TCS and Infosys.
- Auto Sector Upbeat: Maruti Suzuki, Tata Motors set to rally on strong domestic demand and GST rate cut expectations.
- Metal Stocks Firm: Tata Steel, JSW Steel hold steady, supported by stable global commodity demand.
- Rupee Steady: Indian rupee at 87.60 vs USD, backed by RBI support and sustained foreign inflows.
Global Market Insights
US Markets (Close Aug 27)
- Dow Jones: 44,950.80 (+0.85%)
- S&P 500: 6,460.20 (+0.95%)
- Nasdaq: 21,320.10 (+1.15%)
- VIX (CBOE): 14.95 (-0.60%)
US markets rose on Fed rate cut hopes and positive economic data.
Asia & Europe (Aug 28)
- Nikkei 225: -0.10% (-35.00 points)
- Hang Seng: +0.70% (+120.00 points)
- Shanghai Composite: +0.45% (+14.00 points)
- DAX: 24,520 (+0.15%)
Asian markets mixed; Europe opens steady amid trade concerns.
Commodities & Forex
- Brent Crude: $69.50 (-0.30%)
- WTI Crude: $67.25 (-0.25%)
- Gold: $3,420.00 (+0.25%)
- US Dollar Index: 97.80 (-0.08%)
Oil dips slightly; gold shines amid global uncertainties.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: 24,680 (+0.43%)
- Nifty 50 (Aug 27 Close): 24,794.30 (-0.69%)
- Sensex (Aug 27 Close): 80,900.50 (-0.60%)
- India VIX: 12.10 (+0.60%)
Premarket hints at a bullish start despite tariff concerns.
Key Futures (Premarket)
- Nifty 50 Futures: 24,690 (+0.42%)
- Nifty Bank Futures: 55,920 (+0.25%)
- Nifty IT Futures: 42,780 (-0.10%)
- Nifty Midcap Futures: 58,320 (+0.30%)
Banking and midcap futures gain; IT futures remain weak.
Top Movers (Aug 27 Close)
| Gainers | Losers |
|---|---|
| Sun Pharma (+0.95%) | Tata Motors (-1.15%) |
| HUL (+0.80%) | Wipro (-1.00%) |
| Axis Bank (+0.70%) | Infosys (-0.85%) |
Pharma, FMCG stocks rise; auto, IT see selling pressure.
Options Analysis
Nifty 50 Options Open Interest (OI)
Max Call OI at 25,000 strike (3.4M contracts) signals resistance; max Put OI at 24,500 (3.1M contracts) indicates support.
| Strike | Call OI (K) | Put OI (K) |
|---|---|---|
| 24,500 | 2700 | 3100 |
| 24,800 | 2900 | 2000 |
| 25,000 | 3400 | 1700 |
Chart: Nifty 50 OI distribution below.
Disclaimer: Market data is based on the latest available information. GIFT Nifty price and other futures data are indicative and must be verified in real-time before trading. Investments are subject to market risks.
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