In today’s episode of Indian Market in Minutes by Motilal Oswal Research, host Shivangi Sarda breaks down key market movements, trading levels, and stock recommendations for March 10, 2025.
🔹 Market Overview:
- Nifty opened flat, tested 22,633, and saw profit booking before recovering.
- Support-based buying is intact, with a bullish candle on the weekly chart.
- India VIX dipped 1.86% to 13.47, indicating lower volatility.
🔹 Key Levels to Watch:
- Nifty: Needs to stay above 22,450 for a move towards 22,700–22,900.
- Bank Nifty: Holding 48,500 could trigger an upside towards 48,750–49,000.
🔹 FII/DII Activity:
- FIIs sold ₹2,035 Cr, while DIIs bought ₹2,320 Cr.
- FII Long-Short Ratio improved to 18.5%.
🔹 Stocks to Watch:
✅ Bullish: IRFC, Reliance, Apollo Tyres, SRF, Hindalco, BEL
❌ Weakness: Zomato, IndusInd Bank, Nykaa, Dixon, Paytm
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[00:00:00] Welcome to Indian Market in Minutes from Motilal Oswal Research Dev. We will be covering technical and derivatives, SII's activity, index, actionable sectors and stocks to watch out. So stay tuned till the end.
[00:00:38] It witnessed some recovery and range-pound move for the rest of the day and finally closed above 22,550 marks. Nifty has recovered by 670 points in the last four trading sessions, which has been a breather. It formed a small-bodied bullish candle on the daily frame and a bullish candle on the weekly frame with longer lower shadow, indicating support-based buying is intact for the short-term recovery.
[00:01:03] India Bits was down by around 2% to 13.5 levels. Nifty put call ratio slightly decreased to 1.08. Option data suggests a broader trading range in between 22,000 to 23,000, while immediate range could be in between 22,300 to 22,700 levels. Moving on to the second segment in the equity cash market, FII's were net sellers to the tune of 2,035 crores,
[00:01:31] while DIIs were buyers' worth 2,320 crores. FII's index long-shot ratio remains same at 18.5%. Going ahead with the index actionable, derivatives data and price setup suggest, Nifty has to hold above 22,450 for an up move towards 22,900 levels, while support can be seen at 22,250.
[00:01:56] Talking about Bank Drifty, this index has to hold above 48,500 for a bounce towards 49,000 levels, while support can be seen at 48,000. And finally, talking about the sectors and stocks to watch out, positive setup can be seen in IRFC, Reliance, Apollo Tyres, Manapuram Finance, Burjah Paint, Goldrich Consumer Products, Hindalko and Dalko, while some weakness could be seen in Zomato,
[00:02:24] OFSS, Jumlin Foodworks, Paytm, Daika and Lothar. Wish you a super day and a lovely week ahead. Sharangi Sarla signing off. Follow this podcast for solid advice.