What to expect from Indian stock market in trade on September 16 amid India-US trade talks

By Admin

16 Sep, 2025

The Indian stock market is set for a cautious start on Tuesday, September 16, as investors weigh global cues and the outcome of ongoing India-US trade talks. The trends on Gift Nifty suggest a flat opening for the benchmark indices, with muted sentiment dominating the domestic market.

Market Overview

Gift Nifty was trading around the 25,158 mark, a discount of nearly 6 points compared to the Nifty futures’ previous close, indicating a subdued start. On Monday, equity indices ended with minor losses Sensex slipped 118.96 points (0.15%) to close at 81,785.74, while Nifty 50 fell 44.80 points (0.18%) to settle at 25,069.20.

Sensex Prediction

Sensex formed a small bearish candle on the daily chart, signaling indecisiveness among traders.

• Mayank Jain, Market Analyst at Share.Market (PhonePe Wealth), noted that support lies at 81,500 and 81,400, with the next key level at 81,000. Resistance is pegged at 82,000 and 82,200, where a breakout could resume the uptrend.
  
  

• Shrikant Chouhan of Kotak Securities added that intraday moves are likely to remain non-directional. A breakout above 82,100 could push Sensex to 82,400–82,500, while a slip below 81,500 may test the 50-day SMA near 81,200.
  
  

Nifty OI Data

In derivatives, Nifty OI data highlighted strong call writing at 25,100 and 25,200 strikes, with maximum put OI at 25,000. This suggests that 25,100 will act as a critical resistance zone. Analysts believe a close above this level is vital for bullish momentum.

Nifty 50 Prediction

Nifty 50 formed a Tweezer Top pattern, indicating consolidation at higher levels.

• Nagaraj Shetti of HDFC Securities said the current action points to a breather after eight straight sessions of gains, with resistance at 25,150 and support near 24,900. A breakout above 25,150 could open targets of 25,400–25,500.
  
  

• Mayank Jain sees immediate resistance at 25,200–25,250, and support at 25,000–24,950. Below these levels, Nifty could slip to 24,800.
  
  

• Dr. Praveen Dwarakanath of Hedged.in warned that momentum indicators are overbought, hinting at a possible fall towards 24,950.
  
  

Bank Nifty Prediction

Bank Nifty closed Monday at 54,887.85, up 78.55 points, forming a doji candle near resistance.

• Sudeep Shah of SBI Securities highlighted that the 55,100–55,200 zone remains a key hurdle, while a move above 55,200 could trigger a rally toward 55,600–56,000. Support is placed at 54,700–54,600.
  
  

• Om Mehra of SAMCO Securities observed that Bank Nifty is holding above its 9-EMA and 20-EMA. Resistance lies at 55,300 and 55,700, while 54,600 acts as immediate support. The index remains strong unless it falls below 54,400.
  
  

Conclusion

The Indian markets are likely to open flat, with Sensex and Nifty 50 facing resistance at crucial levels. While consolidation may dominate in the short term, buy-on-dips opportunities could emerge if indices hold above their support zones. Market participants will also closely monitor India-US trade talks for fresh triggers.

Disclaimer: The views and recommendations mentioned are from analysts and brokerage firms. Investors are advised to consult certified financial advisors before making investment decisions.