Market Wrap and Outlook

📈 Market Wrap – 11th August 2025 What Happened: Markets began strong — Nifty was up over 100 points in the morning, led by auto and IT stocks. But mid-session selling in banking, FMCG, and heavyweight stocks erased gains, closing Nifty 97.65 pts lower at 24,487 and BankNifty 467 pts lower at 55,043. Why It Happened: Profit booking at higher levels. Caution ahead of US inflation data this week. Heavy Call option positions at 24,700–25,000 capped upside. India VIX rose to 12.23, showing increased nervousness. CPR Check (Yesterday’s Levels): Nifty’s pivot was 24,510 — it traded above it early, hit R1 24,680, but failed to hold and fell below pivot by close. BankNifty also slipped below its pivot 55,339, signaling weakness. Sector Moves: Gainers: Auto & IT —

, , . Losers: Banking, FMCG, retail — , , . Tomorrow’s Outlook (Based on Today’s CPR): Nifty: Pivot 24,551 | Above 24,700 → up to 25,000+ | Below 24,340 → down to 24,000–23,800. BankNifty: Pivot 55,203 | Above 55,600 → up to 56,500 | Below 54,500 → down to 53,000. Mood: Sideways to cautious, expect choppy trade until global cues clarify.