The Indian market once again managed to make a new peak. There was a slight decline in yesterday's session, but the market managed to set a new high on the strength of buying from lower levels. The new peak for Nifty is now 26,032. In fact, in the last few hours of yesterday's session, heavyweight stocks saw good movement, due to which the market closed at a record level. Action was seen in heavyweight stocks like HDFC Bank, Reliance Industries, Axis Bank and ICICI Bank.

However, before this, at one point, Nifty had slipped below 25,900. But, buying was seen on this decline. Nifty saw a recovery of about 130 points from the day's low levels and it closed above 26,000 for the first time.

On one hand, Nifty and Sensex are at new record levels, while the broader market is witnessing underperformance. The midcap index closed with a decline after 3 days yesterday. The smallcap index closed with a decline for the second consecutive day. Today is the expiry of Nifty's September series. During the September series, Nifty has seen a rise of 850 points so far. September will be the fourth consecutive F&O series, when Nifty will rise. Indications from global markets: After 4 consecutive days of rise, profit booking was seen from the upper levels in the US market yesterday. Dow Jones closed with a slip of 294 points yesterday. The S&P 500 index closed 11 points down. Nasdaq saw a rise of only 8 points. Outperformance was seen in utility and tech stocks. Nvidia saw the highest growth. After the announcement of economic relief package in China, geopolitical tensions and record-breaking growth in the market, a pullback was seen yesterday. The market here is now waiting for Q3 results. Talking about the Asian markets, there is a rise in the early trading here today. Japan's Nikkei index was seen trading with a gain of more than 2%. South Korea's Kospi index is also trading with a gain of about 2%. Hong Kong's Hang Seng index and Shanghai Composite index are also seeing a rise. FIIs - DIIs data Foreign institutional investors sold in the cash market yesterday. Whereas, domestic institutional investors bought in the cash market. Outlook for Nifty today Shrikant Chauhan of Kotak Securities said that the technical charts are indicating a rise from the current level. There is an important support for Nifty at the level of 25,875. Nifty can go up to the level of 26,100 - 26,150. On the downside, if 25,875 breaks, then the index can slip to 25,800 - 25,775. Nagaraj Shetti of HDFC Securities said that Nifty can go up to 26,200 - 26,300. On the downside, there is support for the index at the level of 25,800. Rupak Dey of LKP Securities says that there are signs of positive sentiment continuing in Nifty. Momentum indicators are not giving signs of reversal. There are signs of Nifty going up to 26,200 - 26,250 in the short term. Outlook on Nifty Bank for today Regarding Nifty Bank, Rishikesh Yedve of Asit C Mehta Investment Intermediates said that the resistance at the level of 54,500 remains intact. Above this, the index can try to cross 55,000 - 55,500. He has advised to buy on the decline in the index. For this, there will be important supports at the level of 53,350 and 53,000. Which stocks will be in focus today Five Star Finance: Block deal is possible in this stock today. PE investors can sell 19.22% stake through block deal. The floor price for the deal is likely to be ₹ 768 per share and its size is $ 517 million. Ask Automotive: