☕ Morning Market Outlook – 29th Aug 2025

Domestic Highlights Thursday’s monthly expiry saw sharp selling—Nifty 50 fell 211 points, Sensex 706 points. Weak sentiment came after the US imposed 50% tariffs on Indian exports, raising trade and earnings worries. FIIs sold ₹3,856 crore, while DIIs bought ₹6,920 crore, cushioning the fall. Technically, Nifty faces resistance at 24,540–24,700 and support at 24,468–24,400. Gift Nifty hints at a positive open near 24,668. Industrial Production India’s IIP rose 3.5% in July, fastest in four months. Manufacturing grew 5.4% led by durables and capital goods. Electricity was up 0.6%, while mining fell 7.2%. Infra and construction goods jumped 12%, signaling robust capex and urban demand despite weak external trade. Global Cues US markets ended higher—S&P 500 +0.3% (new record), Nasdaq +0.5%, Dow +0.2%. Optimism stems from a likely Fed rate cut in September; odds of a 25-bps cut stand above 80%. Focus shifts to July PCE inflation, expected at 2.6%. Stocks in News

: Begins EV production (eVitara), Gujarat plant expansion underway. : In focus ahead of AGM; updates on telecom, retail, new energy awaited. IndiGo & : Active on sector updates. Infosys & TVS Motor: On radar for stock-specific news. Pavna Industries: Last day before 10:1 stock split. Rupee Likely to trade at 87.60–87.64 vs USD, with RBI capping weakness near 88. Key Levels Nifty: 24,500–24,400 support; 24,600–24,700 resistance Bank Nifty: 53,800–53,600 support; 54,300–54,500 resistance Fin Nifty: 25,600–25,500 support; 25,700–25,800 resistance Sensex: 79,700–79,500 support; 80,500–80,700 resistance Takeaway Markets remain choppy on tariff worries and expiry pressure, but July’s IIP rebound signals strong domestic demand. Global cues are supportive on Fed cut hopes. Watch Reliance, Maruti, ICICI Bank, and the rupee for near-term triggers.