What to expect from Indian stock market in trade on September 11 after Nasdaq hits record high

By Admin

11 Sep, 2025

The Indian stock market is set for a cautious start on September 11, with trends suggesting muted optimism after global cues turned mixed despite the Nasdaq hitting a record high. Investors will closely watch how benchmark indices Sensex, Nifty 50, and Bank Nifty trade through the session, as technical indicators hint at both support and resistance levels that could guide market momentum.

Global and Domestic Setup

The Gift Nifty was trading around the 25,080 level, a premium of nearly 8 points from the Nifty futures’ previous close, indicating a subdued opening. On Wednesday, markets ended in the green, with the Sensex climbing 323.83 points (0.40%) to close at 81,425.15 and the Nifty 50 gaining 104.50 points (0.42%) to settle at 24,973.10. The upward momentum, however, was tempered by profit booking at higher levels.

Sensex Prediction

The Sensex faced selling pressure near 81,600 levels, closing off highs on September 10. Analysts suggest that 81,200 and 81,000 will act as crucial support zones, and as long as the index trades above these levels, bullish sentiment should continue. Upside resistance lies between 81,700 – 82,200, and a decisive move above this zone may fuel further gains. On the downside, a fall below 81,000 – 80,800 could trigger weakness and prompt traders to exit long positions.

Nifty 50 Prediction

The Nifty 50 formed a Doji candle on the daily chart, signaling indecision among traders. Despite this, the index has now closed in the green for six straight sessions and continues to trade above key short- and long-term moving averages.

• Resistance levels: Analysts see hurdles around 25,050 – 25,200, with a sustained breakout above this band potentially pushing the index towards 25,250 – 25,500.
  
  

• Support levels: The immediate cushion lies around 24,800 – 24,700, and a breach could drag the index towards 24,500.
  
  

Market experts point out that momentum indicators have given a bullish crossover, keeping the broader outlook positive, although some short-term consolidation cannot be ruled out before a clear breakout.

Nifty OI Data

In the derivatives market, the highest Call Open Interest (OI) is at the 25,200 strike, while the highest Put OI is concentrated at 25,000 and 24,900 strikes. This positioning indicates that traders are eyeing resistance near 25,200 but expect potential upside if the index sustains above this mark.

Bank Nifty Prediction

The Bank Nifty rallied 319.90 points (0.59%) on Wednesday to close at 54,536.00, forming a Doji candle that reflected the tug of war between bulls and bears.

• Support levels: Analysts highlight 54,300 – 54,050 as the immediate cushion, with a break below 54,200 opening doors to deeper corrections towards 53,800 – 53,400.
  
  

• Resistance levels: On the upside, the 54,700 – 55,000 zone is expected to cap gains unless strong buying emerges.
  
  

Technical indicators such as RSI and ADX show improving strength, suggesting the index is building a base and may gradually turn positive if support holds.

Outlook for September 11

Overall, the Indian market may open mildly higher but is likely to witness sideways movement in early trade as investors weigh global developments and recent gains. For sustained momentum, a decisive move above resistance zones in both Sensex and Nifty 50 will be critical. Bank Nifty remains the wildcard, with consolidation likely before any sharp trend emerges.

Disclaimer

The views and recommendations mentioned are based on market analysts’ opinions and not investment advice. Investors are advised to consult certified financial experts before making trading decisions.