🌅 Morning Market Report – 25th Sept 2025

Overnight Cues: 📉 US equities slipped for the 2nd straight session (S&P -0.28%, Nasdaq -0.34%) as fatigue crept into the AI-fueled rally. 🏦 Fed Chair Powell’s cautious stance cooled expectations of two more rate cuts this year. 📊 US 10Y yield edged up 3 bps to 4.14%, reflecting sticky rate concerns. 🛢️ Brent crude at $69, Dollar Index at 97.8 – supportive for import-heavy sectors. 📰 US weekly Initial Jobless Claims due today. GIFT Nifty: Down ~45 pts at 25,074, signaling a muted start. 🔑 Key Levels Nifty 50: Support 25,000 / 24,900 | Resistance 25,200 / 25,300 Bank Nifty: Support 55,000 / 54,800 | Resistance 55,300 / 55,500 Nifty Fin Services: Support 26,300 / 26,200 | Resistance 26,500 / 26,600 BSE Sensex: Support 81,500 / 81,300 | Resistance 82,000 / 82,300 📌 Outlook Caution likely to prevail at open with global cues soft. Lower crude is a tailwind for OIL Marketing Companies (

, ). Rising US yields may weigh on Banking stocks ( , ICICIBANK). Key to watch: Nifty’s hold above 25,000. A move past 25,200 can revive intraday buying, while slip below 24,900 may trigger profit-taking.