The Nifty 50 Index is India’s benchmark equity index, representing the weighted average of 50 of the largest and most liquid companies listed on the National Stock Exchange (NSE). It is widely tracked by institutional and retail investors, and serves as the underlying for futures and options contracts.
For intraday traders in derivatives, analyzing Opening bell trends (09:15 vs. previous day’s close) is crucial because:
It reveals overnight sentiment (global cues, domestic news, FII flows).
Helps anticipate gap-ups, gap-downs, or flat openings.
Provides a framework for options strategies (straddles, strangles, hedges).
Identifies high-volatility weeks where directional trades are more effective.
A) Monthly Sentiment Analysis (2025)
The following table breaks down the percentage of Bullish, Bearish, and Flat days for each month.
Note: "Flat" is defined as any movement between 1 and 25 points (Up or Down).
| Month | Trading Days | Bullish (%) | Bearish (%) | Flat (%) |
| January | 23 | 60.9% | 21.7% | 17.4% |
| February | 20 | 30.0% | 40.0% | 30.0% |
| March | 19 | 52.6% | 36.8% | 10.6% |
| April | 19 | 57.9% | 31.6% | 10.5% |
| May | 21 | 47.6% | 23.8% | 28.6% |
| June | 21 | 52.4% | 19.0% | 28.6% |
| July | 23 | 39.1% | 21.8% | 39.1% |
| August | 20 | 25.0% | 25.0% | 50.0% |
| September | 22 | 54.5% | 18.2% | 27.3% |
| October | 21 | 42.9% | 23.8% | 33.3% |
| November | 20 | 50.0% | 20.0% | 30.0% |
| December | 23 | 34.8% | 39.1% | 26.1% |
