Pre-Market Outlook – 24.10.2025

Almost There, Yet Slightly Shy – Nifty inched close to record highs but showed signs of hesitation as profit booking took control near elevated levels. The pause reflects a healthy consolidation rather than a reversal, with dips continuing to attract buying interest. Sustaining support zones could pave the way for the index to resume its upward march toward fresh highs.

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A stable opening is anticipated mirroring positive global cues. The index is expected to remain range-bound between 25,800 and 26,000, favoring a Sell-on-Rise strategy until a new All-Time High is established. A decisive break on either side could lead the index toward 25,700 or 26,100 levels, respectively.

A close above 26,200 or a decisive breakout beyond 26,300 could pave the way for a near-term target of 26,700 to 27,000. Until then, the index is likely to oscillate between 25,500 and 26,000 over the coming sessions.

Traders may note that Nifty sustaining above October 15th’s high and low could add momentum for further upside.

Markets are likely to be significantly influenced today by Capital Goods, Finance, Oil & Gas, IT, and Banking sectors.

Traders may watch stocks like Colgate-Palmolive, Kotak Mahindra Bank, Hero Motocorp, Indian Hotels, Laurus Labs, and PTC India Financial Services.

Corporate Earnings of Dr. Reddy’s Laboratories, SBI Life Insurance, ITC Hotels, Coforge, SBI Cards and Payment Services, and Aditya Birla Sunlife AMC are in high focus.

Traders are advised to maintain a strict stop-loss strategy on all trades.

Wishing everyone a fabulous day!

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