The most striking update is the 100% equity option. Under the high-risk variant, pension funds can now allocate the full investment amount to equities for subscribers with a long-term horizon and higher risk appetite.
NPS gets a makeover, PFRDA allows 100% equity investment option effective from October 1- Daily Market Update 3rd Oct 2025
Overview and Outlook
Global Stock Market Today
- US equity markets settled on a flat to positive note.
- European equity markets, barring FTSE, settled higher over 1%.
- Majority of Asian equity markets are trading with a positive bias.
- GIFT Nifty is little changed, Nifty futures likely to open around 24950 levels.
Benchmark Nifty index settled higher at 24836 spot levels after adding 225 points to its previous closing values post RBI policy outcome.
Buying was seen across the board. Mid and Small cap indices rose 0.89% & 1.10% respectively.
Performance on the sectoral front was no different. Amongst them, Nifty Media was the top performer, gained nearly 4% followed by Banking and Finance pack that rose around 1.5% driven by 2% gains in Private bank index.
Technically, Nifty index bounced back from the trendline support placed around 24600 spot levels. Going ahead, the bounce back rally which started last Wednesday might take it up to 24950 spot levels, however, a decisive close above 25000 spot levels hold the key for any sustainable up move. Hence, we suggest a cautious stance until Nifty index crosses above 25000 spot levels on closing basis.
Derivatives Overview & Outlook
On Wednesday, Nifty futures added around 1.5% of open interest as long buildup. On the other hand, no significant changes were seen among Nifty, Banknifty and Finnifty futures on open interest front.
All F&O sectors, barring Oil & Gas, settled higher. Amongst them, Banking & Finance, Power and Technology stocks witnessed maximum addition of long positions while some short buildup was seen in Oil & Gas stocks.
On options front, put writing along with some call addition seen at multiple strikes. Maximum positions are at 24700 PE followed by 24600 PE and 25000 CE.
Institutional Trading Activity
On Wednesday, FIIs sold stocks worth Rs 1605 Cr in the cash segment, sold index futures worth Rs 128 Cr also sold stocks futures worth Rs 307 Cr. DIIs were net buyers in the cash segment to the tune of Rs 2916 Cr.
Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels
Nifty – Resistances 25110-25220; Supports 24880-24780
Banknifty – Resistances 55800-56000; Supports 55400-55200
Finnifty – Resistances 26600-26700; Supports 26400-26300
F&O Security in Ban Today: SAMMAANCAP & RBLBANK
Disclosure
Globe Capital Market Limited (“GCML”) is a Stock Broker registered with BSE, NSE, MCX, NCDEX, and MSEI in all the major segments viz. Capital, F & O and CDS segments. GCML is also a Depository Participant and registered with both the Depositories viz. CDSL and NSDL. Further, GCML is a SEBI registered Portfolio Manager and Research Analyst. GCML includes subsidiaries, group and associate companies, promoters, directors, employees and affiliates.
AY Securities and Commodities Limited, Globe Derivatives and Securities Limited & Globe Fincap Limited are subsidiaries of GCML. AtoZ Finstock Private Limited, A to Z Consultants Private Limited, A to Z Venture Capital Limited, M. Agarwal Stock Brokers Private Limited, A M Share Brokers Private Limited, Shri Adinath Advertising Company Pvt. Ltd., Orient Landbase Private Limited, Bolt Synthetic Private Limited, Price ponder Private Limited, Lakshya Impex Private Limited and Launchpad Fintech Private Limited are associates of GCML.
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