Fri Oct 03 04:00:00 UTC 2025: **News Article:**

**Indian Stock Market Set for Cautious Open After Dussehra Break**

Mumbai – Indian stock market indices, Sensex and Nifty 50, are predicted to open on a subdued note today, mirroring mixed signals from global markets. Trends on the Gift Nifty suggest a tepid start, trading around the 24,948 level, a discount of approximately 19 points from the Nifty futures’ previous closing.

The Indian financial markets were closed on Thursday for Dussehra and Mahatma Gandhi Jayanti. Trading resumed after Wednesday’s strong rally, where both Sensex and Nifty 50 snapped an eight-day losing streak following the Reserve Bank of India’s (RBI) monetary policy announcement. The Sensex surged 715.69 points (0.89%) to close at 80,983.31, while the Nifty 50 climbed 225.20 points (0.92%) to settle at 24,836.30.

Market analysts have offered insights into potential movements:

* **Sensex:** Immediate resistance is seen at 82,000 – 82,200, with a potential rally above this zone. Support lies at 80,000 – 79,800, and a break below this could lead to a test of 79,500.

* **Nifty 50:** The formation of a bullish candle near the trend line support signals a possible short-term reversal. The next upside hurdles are around 25,000 and then 25,200 in the coming week. Immediate support is at 24,600.

* **Bank Nifty:** Surged 712.10 points (1.30%) to close at 55,347.95, reflecting strength. The trend line resistance is near 55,700, with major support at 54,900. Traders are advised to consider a buy-on-dips strategy.

Bajaj Broking Research highlights the bullish Marubozu candle as a positive sign, supported by heavy buying in major private sector banks. They note a bullish short- to medium-term trend for Bank Nifty, with support levels around 54,800 and 55,000. Immediate resistance is placed at 55,480.

**Disclaimer:** Investors are advised to consult with certified experts before making any investment decisions, considering that the views expressed are those of individual analysts or broking companies.

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