What to expect from Indian stock market in trade on September 12 after global markets rally

By Admin

12 Sep, 2025

The Indian stock market is set for a positive opening on Friday, September 12, tracking upbeat global market cues. The trends on Gift Nifty signal a strong start for domestic equities, with the index trading around 25,183 level, nearly 80 points higher than the Nifty futures’ previous close.

On Thursday, markets closed on a firm note with both benchmarks ending higher. The Sensex rose 123.58 points (0.15%) to 81,548.73, while the Nifty 50 gained 32.40 points (0.13%) to settle at 25,005.50, closing above the crucial 25,000 mark.

Sensex Prediction

The Sensex is showing signs of consolidation, having formed a small candle on daily charts. Analysts believe that the 50-day SMA near 81,200 will act as a crucial support. As long as the index trades above this level, bullish sentiment is expected to persist.

• Upside levels: A breakout above 81,700 could push the index to 82,000–82,200.
  
  

• Downside risk: A fall below 81,200 may weaken the ongoing uptrend.
  
  

Nifty OI Data

The derivatives market reflects cautious optimism, with Put writers holding a slight edge over call writers.

• Strong resistance: 25,500 strike with 1.05 crore contracts in open interest.
  
  

• Solid support: 25,000 strike with the highest Put OI of 1.06 crore contracts.
  
  

• PCR reading: The Put-Call Ratio (PCR) climbed to 1.15 from 1.08, suggesting a bullish undertone.
  
  

Analysts highlight that fresh Put writing shows limited downside risk, while incremental Call writing signals optimism for an upward breakout.

Nifty 50 Prediction

The Nifty 50 has crossed its trend line resistance and formed a bullish candle, signaling strength.

• Immediate resistance: 25,000–25,100 zone.
  
  

• Upside targets: 25,200 followed by 25,400.
  
  

• Support levels: 24,800 remains strong, with the 50-day moving average at 24,900 reinforcing the base.
  
  

Analysts from Centrum Broking, HDFC Securities, and Hedged.in believe that the underlying trend is positive, though a decisive breakout above 25,150 is needed for a stronger rally towards 25,500. Upcoming global developments, including the meeting between PM Narendra Modi and Donald Trump, could further influence momentum.

Bank Nifty Prediction

The Bank Nifty closed at 54,669.60, up 133.60 points (0.24%), forming a bullish engulfing candlestick pattern.

• Immediate hurdle: 54,800–54,900 zone, where the 100-day EMA is placed.
  
  

• Upside potential: A breakout could take the index to 55,400.
  
  

• Support levels: 54,400–54,300 in the near term, while the 200-DEMA at 53,620 offers strong support.
  
  

Analysts advise adopting a buy-on-dips strategy, given the strong technical setup and improving momentum indicators.

Outlook

With positive global cues, strong derivative positioning, and technical support levels holding firm, Indian equities are likely to extend gains in Friday’s trade. The Sensex, Nifty 50, and Bank Nifty all show bullish undertones, though a decisive breakout above key resistance levels will be crucial for sustained momentum.

Disclaimer: The views and recommendations mentioned are those of individual analysts and brokerage firms. Investors are advised to consult certified financial experts before making investment decisions.