Get today’s Nifty 50 outlook (29 Aug 2025) with technical analysis, FII-DII flows, Reliance AGM impact, global market trends, and support-resistance levels.

Image AI-Generated

Nifty 50 Outlook Today (29 August 2025)

The Indian equity markets witnessed selling pressure on 28 August 2025, with the Nifty 50 closing at 24,500.90, down 211.15 points (-0.85%). Weakness in banking heavyweights such as HDFC Bank and ICICI Bank dragged the index lower, while Reliance Industries (RIL) provided some cushion ahead of its much-anticipated Annual General Meeting (AGM). As we step into today’s trade, multiple domestic and global cues will determine the short-term direction of the markets.

Nifty 50 Technical Position

Closing Level: 24,500.90 (▼0.85%)
Support Zones: 24,350 – 24,400
Resistance Zones: 24,800 – 25,000

From a technical standpoint, the index is hovering near key support levels. Sustained weakness in banks continues to weigh on sentiment, but the market remains hopeful of a reversal if Reliance delivers strong announcements during its AGM.

Stock-Specific Updates

1. HDFC Bank

Closing Price: ₹957.80 (▼1.60%)
Weightage: 13.71%
Technical View: Trading below both 20-DMA and 50-DMA with RSI near 42. This indicates bearish undertones, though not in the oversold zone.
Implication: Continued weakness in India’s largest private lender remains a drag on Nifty.

2. ICICI Bank

Closing Price: ₹1,399.10 (▼1.24%)
Weightage: 9.41%
Technical View: RSI around 45; stock slipped below crucial support at ₹1,410. Momentum is weak but nearing oversold territory.
Implication: Another major bank is applying downward pressure on Nifty.

3. Reliance Industries (RIL)

Closing Price: ₹1,385.90 (▲0.07%)
Weightage: 8.39%
Technical View: Holding firm above 200-DMA, RSI ~52, suggesting stability.
Event Impact: The Reliance AGM is a key market trigger. Any updates on Jio’s listing roadmap, retail expansion, or green energy projects could spark short-covering and boost broader market sentiment.

4. Infosys (INFY)

Closing Price: ₹1,500.10 (▼1.93%)
Weightage: 4.84%
Technical View: RSI dropped to 39, close to the oversold region. Stock is trading below the 100-DMA.
Implication: IT sector weakness adds to market caution, though value buying may emerge if the stock falls further.

5. Bharti Airtel

Closing Price: ₹1,881.10 (▼1.24%)
Weightage: 4.65%
Technical View: RSI ~47, moving in a sideways channel. Support lies at ₹1,850.
Implication: Neutral to slightly bearish unless the telecom sector gets a boost from Reliance AGM announcements.

FII and DII Activity (28 August 2025)

FIIs/FPIs: Net sellers of ₹3,856.51 crore (Gross Buy: ₹17,742.69 crore; Gross Sell: ₹21,599.20 crore)
DIIs: Net buyers of ₹6,920.34 crore (Gross Buy: ₹17,391.44 crore; Gross Sell: ₹10,471.10 crore)

This reflects the classic tug-of-war where foreign investors continue to sell aggressively, while domestic institutions are stepping in to provide stability. This institutional flow dynamic will play a crucial role in today’s session.

Global Market Cues

US Markets Closing (28 August 2025)

Dow Jones: 45,636.90 (▲0.16%)
S&P 500: 6,501.86 (▲0.32%)
Nasdaq: 21,705.16 (▲0.53%)
Small Cap 2000: 2,378.41 (▲0.19%)
VIX: 14.43 (▼2.83%)

US markets ended higher, led by technology stocks, with a decline in volatility suggesting improved investor confidence.

US Futures (29 August 2025 Morning)

Dow Futures: ▼0.16%
S&P 500 Futures: ▼0.06%
Nasdaq Futures: ▼0.16%
Russell 2000 Futures: ▼0.10%
VIX Futures: ▲0.77%

Futures indicate a cautious start in the US, hinting at some consolidation.

Asian Markets (Morning, 29 August 2025)

Nikkei 225: ▼0.41%
S&P/ASX 200: ▼0.14%
Shanghai Composite: ▲0.54%
SZSE Component: ▲1.03%
China A50: ▲0.97%
Hang Seng: ▲0.96%
KOSPI: ▼0.16%
IDX Composite: ▼0.62%

Asian markets are showing a mixed trend. Strength in China and Hong Kong could support sentiment, while weakness in Japan and other Asian peers suggests caution.

Commodities & Energy Update (29 August 2025)

Gold: $3,473.05 (▼0.04%)
Silver: $39.10 (▼0.23%)
Copper: $4.5533 (▲0.20%)
Crude Oil WTI: $64.09 (▼0.79%)
Brent Oil: $67.50 (▼0.71%)
Natural Gas: $2.982 (▼0.27%)

Precious metals are slightly weak, crude oil remains under pressure, while copper is showing strength—indicating mixed signals for commodities.

Nifty 50 Outlook for Today (29 August 2025)

The Nifty 50 is likely to see a range-bound to slightly positive opening today, given that GIFT Nifty is trading 30 points higher in the early session. The key deciding factor will be Reliance AGM updates, which could trigger significant market moves.

Bullish Trigger: Strong Reliance AGM announcements may lift Nifty towards 24,800–25,000.
Bearish Trigger: Persistent banking weakness and continued FII selling could drag Nifty back toward 24,350.

Conclusion

The Nifty 50 remains under pressure from banking and IT stocks, but Reliance Industries’ AGM today is the joker card that can change the sentiment. With FIIs continuing to sell and DIIs absorbing the pressure, the market’s direction will hinge on how global cues and Reliance’s announcements align. Traders should keep a close watch on support levels at 24,350–24,400 and resistance at 24,800–25,000.

Recommendation: Track Reliance AGM outcomes closely, monitor institutional flows, and watch global cues before taking fresh positions.

Author’s Note:
This blog is intended to provide a humanized and comprehensive outlook on the Nifty 50 based on technical analysis, institutional activity, and global cues. The stock market is inherently dynamic, and traders should combine this information with real-time updates, risk management, and personal investment strategies before making decisions. Always consult your financial advisor for any trading and investment.

The Financial And Tech Literacy