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  • The Indian stock market closed lower on Thursday as investors remained cautious following US President Donald Trump’s announcement of new tariffs.

    The Indian stock market closed lower on Thursday as investors remained cautious following US President Donald Trump’s announcement of new tariffs.

    Dear Trader…

    Markets ended slightly lower on the weekly expiry day, largely weighed down by weak global cues. The Nifty future index opened lower in response to the US tariff announcements but saw some recovery due to resilience in select heavyweight stocks. This helped trim losses in early trades, leading to a range-bound session before closing at 23,325.95. Sectoral trends remained mixed, keeping traders engaged—pharma and banking, particularly PSU banks, outperformed, while IT and auto sectors lagged. Broader markets, however, maintained their strength, with both midcap and smallcap indices closing in the green.

    The market’s measured response to the US tariffs reflects expectations of ongoing trade discussions between India and the US, as well as the possibility of higher tariffs impacting other countries more significantly, limiting the impact on Indian exports.

    From a technical perspective, traders should closely monitor the 20-day exponential moving average (DEMA) at 23,100. A break below this level could intensify selling pressure, potentially dragging the index toward 22,800. Conversely, holding above this level would likely sustain the range-bound movement. Amidst this consolidation, selective pockets across sectors are showing strength. Until a clear directional move emerges, the focus should remain on stock-specific opportunities.”

    Nifty futures opened at 23215 points against the previous close of 23438 and opened at a low of 23215 points. Nifty Future closed with an average movement of 196 points and a decline of around 113 points and 23325 points…!!

    On the NSE, the midcap 100 index will rise 0.21% and smallcap 100 index is closing rise 0.58%. Speaking of various sectoral indices only IT, Metal, Auto, Oil and Gas and Realty stocks were seen selling on the NSE, while all other sectoral indices closed higher.

    At the start of intra-day trading, April gold opened at Rs.91230, fell from a high of Rs.91423 points to a low of Rs.89470 with a decline of 1099 points, a trend of around Rs.89629 and May Silver opened at Rs.99658, fell from a high of Rs.99658 points to a low of Rs.95302 with a decline of 4452 points, a trend of around Rs.95301.

    Meanwhile, The US President Donald Trump’s move to impose sweeping new tariffs targeting multiple nations has rattled the global markets. However, with key details yet to be disclosed, the full impact remains uncertain, requiring a wait-and-watch approach. Notably, critical sectors like power equipment energy and pharmaceuticals, which are vital to India’s economic growth, have been exempted.

    Most estment that the impact of US tariff reciprocity on Indian exports would be relatively limited, with an estimated decline of around 3 to 3.5%, and India’s strategic focus on export diversification, value addition, and tapping into alternative markets -along with the development of new trade corridors from Europe to the US via the Middle East-will help mitigate some effects of these new tariffs.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

  • The Indian stock market bounced back on Wednesday, with both the Sensex and Nifty closing higher, just before the reciprocal tariffs deadline set by US President Donald Trump.

    The Indian stock market bounced back on Wednesday, with both the Sensex and Nifty closing higher, just before the reciprocal tariffs deadline set by US President Donald Trump.

    Dear Trader…

    Markets rebounded after Tuesday’s decline, gaining over half a percent. Following a flat opening, Nifty future edged higher and remained range-bound throughout the session, eventually closing at 23,438.95. Most key sectors contributed to the recovery, with realty, FMCG, and banking leading the gains. Meanwhile, broader indices continued their outperformance, rising nearly one and a half percent each.

    Markets will react to the announcement of reciprocal tariffs and the initial response from global markets, which could influence sentiment. Additionally, the scheduled weekly expiry may add to the volatility. We recommend a cautious stance and favor a hedged approach until there is greater clarity on the index’s next directional move. However, stocks continue to offer trading opportunities on both sides, and participants should position themselves accordingly.”

    Nifty futures opened at 23326 points against the previous close of 23459 and opened at a low of 23300 points. Nifty Future closed with an average movement of 159 points and a rise of around 117 points and 23438 points…!!

    On the NSE, the midcap 100 index will rise 1.61% and smallcap 100 index is closing rise 1.12%. Speaking of various sectoral indices, Realty, Consumer Durables, FMCG, Pharma and Auto stocks saw heavy gains on the NSE, while all other sectoral indices also closed higher.

    At the start of intra-day trading, April gold opened at Rs.91010, fell from a high of Rs.91100 points to a low of Rs.90245 with a rise of 52 points, a trend of around Rs.90555 and May Silver opened at Rs.99666, fell from a high of Rs.100374 points to a low of Rs.90326 with a rise of 364 points, a trend of around Rs.99825.

    Meanwhile, The sentiments were further reinforced by India’s manufacturing PMI for March, which reached an eight-month high, hinting at a recovery in Q4 FY25 corporate earnings. Following a recent correction, the index appears to be finding support around the critical 50 EMA on the daily timeframe. Rupee remained flat near 85.47 as markets awaited US reciprocal tariff measures and their potential impact on the global economy.

    Technically, the important key resistances are placed in Nifty future are at 23474 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23570 – 23606 levels. Immediate support is placed at 23303 – 23170 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • Indian stock markets on Tuesday witnessed a sharp decline on the first trading day of the new financial year. The fall came as investors reacted to global market concerns, especially the upcoming US reciprocal tariffs on April 2.

    Indian stock markets on Tuesday witnessed a sharp decline on the first trading day of the new financial year. The fall came as investors reacted to global market concerns, especially the upcoming US reciprocal tariffs on April 2.

    Dear Trader…

    The markets began the new financial year on a weak note, declining nearly 1.5% due to unfavorable global cues. Uncertainty surrounding the U.S. reciprocal tariff rates ahead of the April 2 deadline and its potential impact on global trade led to a negative opening, which worsened as the session progressed. As a result, the Nifty index closed near the day’s low at 23,321.40 level.

    All major sectors came under pressure, with realty, IT, and financials among the top losers. However, the broader indices showed relative resilience, losing less than a percent each.

    Market participants are closely monitoring the ongoing tariff talks and their sectoral impact, leading to profit-booking following the recent rebound. Additionally, the Nifty index, which had been consolidating, has slipped below its range and breached the moving average ribbon support at 23,400.

    The next crucial support lies around 23,100 (20 DEMA), and a breakdown below this level could further dampen sentiment, whereas holding above it may pave the way for a recovery. Given the mixed signals, it is advisable to be cautious with index positions and maintain a stock-specific trading approach.

    Nifty futures opened at 23530 points against the previous close of 23637 and opened at a low of 23290 points. Nifty Future closed with an average movement of 378 points and a decline of around 316 points and 23321 points…!!

    On the NSE, the midcap 100 index will decline 0.86% and smallcap 100 index is closing decline 0.70%. Speaking of various sectoral indices, the NSE saw gains in only Media and Oil and Gas stocks, while all other sectoral indices closed lower.

    At the start of intra-day trading, April gold opened at Rs.90654, fell from a high of Rs.91065 points to a low of Rs.90510 with a rise of 659 points, a trend of around Rs.90779 and May Silver opened at Rs.100398, fell from a high of Rs.100975 points to a low of Rs.99757 with a decline of 106 points, a trend of around Rs.99959.

    Meanwhile, market fluctuations may continue until there is more clarity on global trade relations and economic policies as investors remain concern about Trump’s tariff policies and their impact on international trade.

    Amid heightened global volatility ahead of the anticipated US reciprocal tariff announcement tomorrow (US time), the domestic market witnessed a significant sell-off today. Investors are eagerly awaiting the specifics of these tariffs while also keeping a close eye on ongoing negotiations for a potential Indo-US trade agreement.

    Technically, the important key resistances are placed in Nifty future are at 23373 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23404 – 23474 levels. Immediate support is placed at 23088 – 23008 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

  • Indian stock markets ended the last trading session of the current financial year (FY25) on a lower side amid a volatile day. With this, the Sensex and Nifty gained over 5 per cent each in FY25.

    Indian stock markets ended the last trading session of the current financial year (FY25) on a lower side amid a volatile day. With this, the Sensex and Nifty gained over 5 per cent each in FY25.

    Dear Trader…

    Nifty future ended with loss of 140 points at 23,637(-0.59%) on the back of weak global cues as US and Asian markets declined amid uncertainty over US reciprocal tariffs to be imposed from 2nd April. Investors will be awaiting the outcome of the US-India trade meet to be concluded on Saturday. Amongst sectors, Nifty IT was the top loser, declining by 1.8%, followed by Realty, Auto, Metal and Pharma indices falling between 0.5-1.5% each.

    We expect auto and auto ancillary stocks to remain under pressure, given the weak domestic demand expectation across most segments in Mar’25 and 25% tariffs imposed on US imports of cars and light trucks. On the macro front, the US GDP grew at an annual rate of 2.4% in Q4CY24, up from the previous estimate of 2.3%. However, there are increasing concerns that a growing range of tariffs imposed by Trump, could hamper businesses and fuel economic slowdown.

    Markets will track the US CPI for February to be released later today. Market will closely monitor the outcome of the ongoing US-India trade talks and are expected to remain in consolidation mode with a positive bias on hopes of continued FII buying interest.

    Nifty futures opened at 23775 points against the previous close of 23777 and opened at a low of 23560 points. Nifty Future closed with an average movement of 241 points and a decline of around 140 points and 23637 points…!!

    On the NSE, the midcap 100 index will decline 0.32% and smallcap 100 index is closing decline 0.15%. Speaking of various sectoral indices, the NSE saw gains in only FMCG and Private Bank stocks, while all other sectoral indices closed lower.

    At the start of intra-day trading, April gold opened at Rs.88673, fell from a high of Rs.89060 points to a low of Rs.88605 with a rise of 555 points, a trend of around Rs.88939 and May Silver opened at Rs.101689, fell from a high of Rs.102040 points to a low of Rs.101280 with a rise of 482 points, a trend of around Rs.101785.

    Meanwhile, The FIIs as per Friday’s data were net buyers in equity and debt segments both, according to data released by the NSDL In equity segment, the gross buying was of Rs 28676.45 crore against gross selling of Rs 20555.49 crore. Thus, FIIs stood as net buyers of Rs 8120.96 crore in equities.

    In the debt segment, the gross purchase was of Rs 4922.12 crore with gross sales of Rs 4384.86 crore. Thus, FIIs stood as net buyers of Rs 537.26 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 865.62 crore, they stood at net sellers in Debt-VRR segment at Rs 947.38 crore, while net buyers in Debt-FAR segment at Rs 2350.26 crore.

    In the hybrid segment, the gross buying was of Rs 14.98 crore against gross selling of Rs 18.34 crore. Thus, FIIs stood as net sellers of Rs 3.36 crore in hybrid segment.

    Technically, the important key resistances are placed in Nifty future are at 23707 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23770 – 23808 levels. Immediate support is placed at 23474 – 23404 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

  • The Indian stock markets ended on a strong note on Thursday, with both the Sensex and Nifty closing in the green.

    The Indian stock markets ended on a strong note on Thursday, with both the Sensex and Nifty closing in the green.

    Dear Trader…

    After consolidating for the last two trading sessions, Nifty future resumed its uptrend to close with gains of 96 points at 23,777(+0.41%). Strong buying across heavyweight financial stocks extended support to the key indices. The global market trend was weak, following US President’s announcement of a 25% tariff on foreign-built cars and light trucks from 2nd April. Auto and auto ancillary stocks were under selling pressure, following the announcement; pushing Nifty Auto Index down by 1%.The broader market sentiment remained resilient on the back of continued buying interest.

    The PSU Bank index was the top gainer, rising by 2.6% after the Banking Laws (Amendment) Bill was passed in the Parliament yesterday. Investors await further details on the US tariff measures and the broader economic outlook ahead of President Trump’s deadline. Markets will track the US Q4 GDP data to be released later today and the US CPI for February to be released tomorrow. We expect the market to consolidate with a positive bias, tracking outcome of the ongoing US-India trade meet and developments on the global front.

    Nifty futures opened at 23650 points against the previous close of 23681 and opened at a low of 23575 points. Nifty Future closed with an average movement of 237 points and a rise of around 96 points and 23777 points…!!

    On the NSE, the midcap 100 index will rise 0.37% and smallcap 100 index is closing rise 1.15%. Speaking of various sectoral indices only Auto, Pharma and Healthcare stocks were seen selling on the NSE, while all other sectoral indices closed higher.

    At the start of intra-day trading, April gold opened at Rs.87785, fell from a high of Rs.88478 points to a low of Rs.87785 with a rise of 741 points, a trend of around Rs.88379 and May Silver opened at Rs.99744, fell from a high of Rs.100774 points to a low of Rs.99480 with a rise of 1101 points, a trend of around Rs.100587.

    Meanwhile, The FIIs as per Thursday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 14453.03 crore against gross selling of Rs 11995.12 crore. Thus, FIIs stood as net buyers of Rs 2457.91 crore in equities.

    In the debt segment, the gross purchase was of Rs 4739.57 crore with gross sales of Rs 6687.67 crore. Thus, FIIs stood as net sellers of Rs 1948.10 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 1060.45 crore, they stood at net sellers in Debt-VRR segment at Rs 605.45 crore, while net sellers in Debt-FAR segment at Rs 282.20 crore.

    In the hybrid segment, the gross buying was of Rs 22.85 crore against gross selling of Rs 18.39 crore. Thus, FIIs stood as net buyers of Rs 4.46 crore in hybrid segment.

    Technically, the important key resistances are placed in Nifty future are at 23808 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23880 – 23939 levels. Immediate support is placed at 23676 – 23606 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • After seven consecutive sessions of gains, the Indian stock markets ended lower on Wednesday as investors booked profits across sectors.

    After seven consecutive sessions of gains, the Indian stock markets ended lower on Wednesday as investors booked profits across sectors.

    Dear Trader…

    Indian equities opened flattish and slipped into the red, with Nifty future declining 183 points (0.77%) to close at 23,521. The downturn came as investors engaged in profit-booking, awaiting clarity on impending U.S. reciprocal tariffs to be announced on 2nd April. Focus is now on the US-India trade meet which began today and involves negotiations on a Bilateral Trade Agreement between the two nations. There would be continued nervousness around the meeting outcome till its conclusion on Saturday.

    On the sectoral front, Oil & Gas, Realty and Banking indices plunged between 1-2%, followed by Pharma and Healthcare indices which fell by 1% each on tariff-related concerns. Investor sentiments were further dampened by a sharp decline in US consumer confidence in March, which fell to a 4-year low of 92.9 from 100.1 in the prior month amid ongoing concerns about a tariff-induced slowdown.

    On the positive side, FII buying sustained for the fourth consecutive session on Tuesday with inflows of Rs5370 crore, which provided some relief to the market. We expect the market to remain range-bound with stock/sector specific action on the back of developments around the US India trade meet during the week.

    Nifty futures opened at 23735 points against the previous close of 23705 and opened at a low of 23494 points. Nifty Future closed with an average movement of 266 points and a decline of around 183 points and 23521 points…!!

    On the NSE, the midcap 100 index will decline 0.62% and smallcap 100 index is closing decline 1.07%. Speaking of various sectoral indices, the NSE saw gains in only Auto and Bank stocks, while all other sectoral indices closed lower.

    At the start of intra-day trading, April gold opened at Rs.87539, fell from a high of Rs.87898 points to a low of Rs.87458 with a rise of 221 points, a trend of around Rs.87779 and May Silver opened at Rs.99273, fell from a high of Rs.100030 points to a low of Rs.99065 with a rise of 808 points, a trend of around Rs.99961.

    Meanwhile, The FIIs as per Wednesday’s data were net buyers in equity segment, while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 19056.84 crore against gross selling of Rs 13358.10 crore. Thus, FIIs stood as net buyers of Rs 5698.74 crore in equities.

    In the debt segment, the gross purchase was of Rs 3992.25 crore with gross sales of Rs 4632.19 crore. Thus, FIIs stood as net sellers of Rs 639.94 crore in debt. Of the total debt, FIIs stood as net sellers in Debt-General Limit segment at Rs 480.29 crore, they stood at net buyers in Debt-VRR segment at Rs 326.13 crore, while net sellers in Debt-FAR segment at Rs 485.78 crore.

    In the hybrid segment, the gross buying was of Rs 132.05 crore against gross selling of Rs 53.97 crore. Thus, FIIs stood as net buyers of Rs 78.08 crore in hybrid segment.

    Technically, the important key resistances are placed in Nifty future are at 23575 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23636 – 23676 levels. Immediate support is placed at 23373 – 23303 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing / trading, mentioned on www.nikhilbhatt.in

  • The Indian stock market on Tuesday managed to stay in the green for the seventh straight session, though it gave up most of its early gains during volatile trade.

    The Indian stock market on Tuesday managed to stay in the green for the seventh straight session, though it gave up most of its early gains during volatile trade.

    Dear Trader…

    Indian Equity markets took a breather today after rising 5.6% in the last 6 trading sessions. Nifty future closed on a flat note at 23,705.353 (+0.03%). The US market ended with gains on Monday due to President Donald Trump’s softened stance on tariffs, while the Asian markets showed a mixed performance at today’s close.

    There is heightened uncertainty among investors regarding the US reciprocal tariffs. On one hand, there are expectations that Trump may scale back some of his broader tariffs planned to be imposed on India; while on the other, there are latest threats from him to impose 25% “secondary tariffs” on countries such as India and China that import oil from Venezuela. This led to a surge in Brent crude prices, which negatively impacted the stocks of domestic oil companies, pushing the Nifty Oil and Gas Index down by over 1%.

    Nifty IT ended higher by 1.3%, mirroring gains in the tech-heavy US Nasdaq Index. Private banks managed to close in the green as the RBI announced changes in the Priority Sector Lending (PSL) norms which would help banks to manage their PSL portfolios more effectively. These RBI measures are likely to be positive for the banking sector as a whole, with private banks being the largest beneficiaries of the same.

    The market managed to close in the green for the seventh consecutive trading session on Tuesday, which suggests there is continued buying interest in domestic equities. We expect the market to continue with a gradual up-move on the back of FII inflows, strong INR and positive cues from US market.

    Nifty futures opened at 23767 points against the previous close of 23699 and opened at a low of 23660 points. Nifty Future closed with an average movement of 233 points and a rise of around 6 points and 23705 points…!!

    On the NSE, the midcap 100 index will decline 1.06% and smallcap 100 index is closing decline 1.56%. Speaking of various sectoral indices, the NSE saw gains in only IT and Private Bank stocks, while all other sectoral indices closed lower.

    At the start of intra-day trading, April gold opened at Rs.87384, fell from a high of Rs.87768 points to a low of Rs.87359 with a rise of 282 points, a trend of around Rs.87555 and May Silver opened at Rs.97789, fell from a high of Rs.98952 points to a low of Rs.97739 with a rise of 1211 points, a trend of around Rs.98704.

    Technically, the important key resistances are placed in Nifty future are at 23707 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23770 – 23808 levels. Immediate support is placed at 23474 – 23404 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • The Indian stock markets on Monday continued their winning streak for the sixth consecutive trading session, with both Sensex and Nifty ending the day with robust gains.

    The Indian stock markets on Monday continued their winning streak for the sixth consecutive trading session, with both Sensex and Nifty ending the day with robust gains.

    Dear Trader…

    The Indian equity market recorded its strongest weekly gain in four years, driven by a confluence of supportive factors: attractive valuations following a prolonged correction, growing expectations of an RBI rate cut, the return of foreign inflows, robust domestic institutional participation, and favorable global cues. Investor sentiment toward India remains structurally positive. The country is increasingly being viewed as a long-term growth story, underpinned by strong digital infrastructure, ongoing economic reforms, favorable demographics, and rising consumption potential.

    Periodic market corrections continue to provide opportunities for reallocation into high-quality Indian equities with improved risk-reward profiles. While the recent rebound may signal a shift in market momentum, global uncertainties—including geopolitical tensions and tariff-related disruptions—remain key risks. Going forward, the market’s direction will hinge on a sustained recovery in domestic consumption and resilient corporate earnings.

    Nifty futures opened at 23482 points against the previous close of 23379 and opened at a low of 23441 points. Nifty Future closed with an average movement of 288 points and a rise of around 319 points and 23699 points…!!

    On the NSE, the midcap 100 index will rise 1.30% and smallcap 100 index is closing rise 1.10%. Speaking of various sectoral indices, PSU Bank, Private Bank, Realty, Oil & Gas and IT stocks saw heavy gains on the NSE, while all other sectoral indices also closed higher.

    At the start of intra-day trading, April gold opened at Rs.87786, fell from a high of Rs.87928 points to a low of Rs.87554 with a decline of 30 points, a trend of around Rs.87748 and May Silver opened at Rs.98179, fell from a high of Rs.98480 points to a low of Rs.97874 with a rise of 121 points, a trend of around Rs.98005.

    Meanwhile, FIIs stood as net buyers in equities as per March 24 data: NSDL The FIIs as per Monday’s data were net buyers in equity and debt segments both, according to data released by the NSDL. In equity segment, the gross buying was of Rs 46532.47 crore against gross selling of Rs 41269.25 crore. Thus, FIIs stood as net buyers of Rs 5263.22 crore in equities.

    In the debt segment, the gross purchase was of Rs 4556.04 crore with gross sales of Rs 2971.57 crore. Thus, FIIs stood as net buyers of Rs 1584.47 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 790.17 crore, they stood at net buyers in Debt-VRR segment at Rs 581.6 crore, while net buyers in Debt-FAR segment at Rs 212.7 crore.

    In the hybrid segment, the gross buying was of Rs 1045.05 crore against gross selling of Rs 970.94 crore. Thus, FIIs stood as net buyers of Rs 74.11 crore in hybrid segment.

    Technically, the important key resistances are placed in Nifty future are at 23808 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23838 – 23878 levels. Immediate support is placed at 23606 – 23570 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • Indian benchmark indices on Friday continued their upward momentum for the fifth consecutive session, driven by a stronger rupee and a rebound in IT stocks.

    Indian benchmark indices on Friday continued their upward momentum for the fifth consecutive session, driven by a stronger rupee and a rebound in IT stocks.

    Dear Trader…

    Indian equity market continued its winning streak for the 5th consecutive day with Nifty future closing at 23,379 (+0.77%). FIIs bought Rs3,239 crore on Thursday aiding the positive sentiments. Today there was also the likely inflows of $1.4-1.6 billion in the last 30 minutes of the trading session due to the FTSE rebalancing. Broader market indices outperformed, with Nifty Midcap100 and Smallcap100 gaining 1.3% and 2% respectively. Amongst sectors, Oil and gas was amongst the top gainers, rising by 1.8%. Banks, Financial services, Pharma and Healthcare indices followed with gains of over 1% each.

    Defence stocks gained after the Defence Acquisition Council (DAC) approved eight defence proposals worth over Rs54,000 crore and also approved guidelines to reduce the timelines of acquisition. Nifty future has recovered 6.3% in the last three weeks indicating value buying at lower levels. We expect this upward momentum to continue, on the back the foreign institutional investors’ return to the Indian market amid attractive valuations and signs of economic recovery.

    Nifty futures opened at 23195 points against the previous close of 23200 and opened at a low of 23172 points. Nifty Future closed with an average movement of 266 points and a rise of around 179 points and 23379 points…!!

    On the NSE, the midcap 100 index will rise 1.38% and smallcap 100 index is closing rise 2.06%. Speaking of various sectoral indices only Consumer Durables and Metal stocks were seen selling on the NSE, while all other sectoral indices closed higher.

    At the start of intra-day trading, April gold opened at Rs.89230, fell from a high of Rs.89273 points to a low of Rs.88794 with a decline of 516 points, a trend of around Rs.89009 and May Silver opened at Rs.99000, fell from a high of Rs.99000 points to a low of Rs.97830 with a decline of 790 points, a trend of around Rs.98602.

    Meanwhile, The FIIs as per Friday’s data were net buyers in equity and debt segments both, according to data released by the NSDL. In equity segment, the gross buying was of Rs 16341.42 crore against gross selling of Rs 13159.85 crore. Thus, FIIs stood as net buyers of Rs 3181.57 crore in equities.

    In the debt segment, the gross purchase was of Rs 5343.61 crore with gross sales of Rs 1936.03 crore. Thus, FIIs stood as net buyers of Rs 3407.58 crore in debt. Of the total debt, FIIs stood as net buyers in Debt-General Limit segment at Rs 82.35 crore, they stood at net buyers in Debt-VRR segment at Rs 379.52 crore, while net buyers in Debt-FAR segment at Rs 2945.71 crore.

    In the hybrid segment, the gross buying was of Rs 27.51 crore against gross selling of Rs 29.99 crore. Thus, FIIs stood as net sellers of Rs 2.48 crore in hybrid segment.

    Technically, the important key resistances are placed in Nifty future are at 23474 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23570 – 23606 levels. Immediate support is placed at 23202 – 23088 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in

  • Indian stock markets extended their winning streak on Thursday, with both Sensex and Nifty closing higher by over 1 per cent, led by buying across various sectors.

    Indian stock markets extended their winning streak on Thursday, with both Sensex and Nifty closing higher by over 1 per cent, led by buying across various sectors.

    Dear Trader…

    Nifty Future rallied 0.99% to close at 23,200, crossing the 23k mark after a month. The rally was driven by gains in the US market after the Federal Reserve maintained its forecast of two rate cuts this year despite the ongoing tariff concerns. Although, it lowered the economic growth forecasts and raised projections for inflation.

    It also highlighted the growing uncertainty over the impact of Trumps policies on the economy, resulting in mixed sentiments among investors. Broader market indices too ended on a positive note, with Nifty Midcap100 and Smallcap100 gaining 0.7% each.

    Amongst sectors, Oil and gas was the top gainer, rising by 1.7%. Auto, IT, FMCG and Metal indices followed with gains of over 1% each. The German government approved a significant increase in defence spending which is likely to increase the scope for exports for domestic defence companies.

    This development led to a surge in the Nifty India Defence index. With the Indian equities witnessing gains for the last four trading sessions; we expect the market recovery to continue in the near term, driven by continued buying interest and positive global cues.

    Nifty futures opened at 23069 points against the previous close of 22972 and opened at a low of 23015 points. Nifty Future closed with an average movement of 217 points and a rise of around 227 points and 23200 points…!!

    On the NSE, the midcap 100 index will rise 0.64% and smallcap 100 index is closing rise 0.70%. Speaking stocks saw heavy gains on the NSE, while all other sectoral indices also closed higher.

    At the start of intra-day trading, April gold opened at Rs.89460, fell from a high of Rs.89796 points to a low of Rs.88350 with a decline of 4 points, a trend of around Rs.88598 and May Silver opened at Rs.100499, fell from a high of Rs.100767 points to a low of Rs.98518 with a decline of 744 points, a trend of around Rs.99180.

    Meanwhile, both the exchanges reacted to global trends after the US Federal Reserve kept interest rates unchanged. The US Fed maintained its policy rate in the 4.25 per cent to 4.50 per cent range but signalled a potential half-percentage-point cut by the end of the year.

    Technically, the important key resistances are placed in Nifty future are at 23202 levels, which could offer for the market on the higher side. Sustainability above this zone would signal opens the door for a directional up move with immediate resistances seen at 23303 – 23373 levels. Immediate support is placed at 23088 – 23008 levels.

    Investment in securities market are subject to market risks. Read Disclaimer and related all the documents carefully before investing, mentioned on www.nikhilbhatt.in