Premarket Report – October 10, 2025
Published: 08:45 AM IST
Premarket Updates
- GIFT Nifty Signals Mildly Negative Opening: GIFT Nifty futures at 25,250 (-0.04%), suggesting a subdued start for Nifty 50 amid lingering US shutdown concerns and wait for Q2 earnings momentum.
- Asian Markets Mixed: Nikkei up 0.1%, Hang Seng down 0.9%; European futures cautious on fiscal policy debates and ECB rate signals.
- Metals Sector in Focus: Tata Steel, JSW Steel gain on global rebound; domestic infra push and tariff tariff adjustments provide tailwinds.
- Pharma Sector Strengthens: Dr Reddy’s, Sun Pharma rise ahead of USFDA updates; sector benefits from export growth and innovation incentives.
- Banking Sector Steady: HDFC Bank, ICICI Bank hold firm on RBI lending reforms; improved capital flow to corporates boosts sentiment.
- Realty Sector Recovers: DLF, Godrej Properties edge up on festive demand pickup; urban housing revival signals emerge.
- Rupee Firm vs USD: Indian rupee at 84.50, supported by steady FII inflows and RBI interventions amid global currency swings.
- IT Sector Cautious: Infosys, Wipro flat pre-TCS results; focus on deal wins and AI integration amid US policy uncertainties.
Global Market Insights
US Markets (Close Oct 9)
- Dow Jones: 46,601.78 (-0.00%)
- S&P 500: 6,753.72 (+0.58%)
- Nasdaq: 23,043.38 (+1.12%)
- VIX (CBOE): 16.29 (-0.49%)
US indices mixed with Nasdaq at records on tech rebound; AMD-OpenAI partnership drives AI enthusiasm despite government shutdown delays.
Asia & Europe (Oct 10)
- Nikkei 225: +0.10% (+48 points)
- Hang Seng: -0.90% (-240 points)
- Shanghai Composite: -1.70% (-52 points)
- DAX: -0.05% (-12 points)
Japan's Nikkei gains on policy stability; Europe treads water amid fiscal tensions and ECB hold expectations.
Commodities & Forex
- Brent Crude: $65.22 (-1.55%)
- WTI Crude: $62.46 (-0.14%)
- Gold: $3,985.37 (+0.26%)
- US Dollar Index: 98.73 (+0.15%)
Oil dips on demand worries; gold nears $4,000 on safe-haven bids and Fed cut prospects.
Indian Market Pulse
Key Indices (Premarket)
- GIFT Nifty Futures: 25,250 (-0.04%)
- Nifty 50 (Oct 9 Close): 25,181.80 (+0.54%)
- Sensex (Oct 9 Close): 82,172.10 (+0.49%)
- India VIX: 10.05 (0.00%)
Markets brace for TCS Q2 results and global tariff updates; World Bank raises FY26 GDP view to 6.5% on resilient growth.
Key Futures (Premarket)
- Nifty 50 Futures: 25,229.00 (+0.02%)
- Nifty Bank Futures: 56,218.00 (-0.01%)
- Nifty IT Futures: 42,800.00 (+0.10%)
- Nifty Midcap Futures: 13,058.90 (+0.15%)
Banking futures stable post-RBI reforms; IT eyes earnings, midcaps lift on selective buying.
Top Movers (Oct 9 Close)
| Gainers | Losers |
|---|---|
| Tata Steel (+2.48%) | Power Grid (-0.79%) |
| Dr Reddy’s (+1.82%) | Nestle (-0.64%) |
| HCL Tech (+1.37%) | Bajaj Finance (-0.60%) |
Metals and pharma lead gains on global cues; power and finance face profit booking.
Options Analysis
Nifty 50 Options Open Interest (OI)
Max Call OI at 25,200 strike (11.2M contracts) signals resistance; max Put OI at 25,000 (9.8M contracts) points to support amid range-bound action.
| Strike | Call OI (K) | Put OI (K) |
|---|---|---|
| 25,000 | 9800 | 9800 |
| 25,200 | 11200 | 7400 |
| 25,300 | 8700 | 6700 |
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.
What Our Customers Say