Market Upadate: Today’s market outlook is cautious, with Nifty and Bank Nifty witnessing selling pressure.
Gift nifty indicating gap down
global markets are in red and ADR’s are also in red
Fll’s sold huge quantities, where they are transferring funds to Chinese markets.
DII’s bought more than Fll’s sold yesterday, so expecting some kind of recovery today with slight bullish to sideways market.
Election results of Hariyana and J&K will be out today so market may very volatile today so trade cautious and new traders are advised to stay away.
TCS results will be out in this week. so trade with less quantities until next week or until some recovery to avoid losses and always go with trend with multiple confirmations.
Market Expectations:
Today’s market expectations are cautious due to ongoing Israel-Iran tensions.
Pullback move possible from 24,800-24,525 support zone
Increasing volatility due to rising India VIX
No signs of market bottoming out yet
Monitor oil prices, geopolitical developments, and economic data releases.
Sector Focus:
Top gainers: Mahindra & Mahindra, ITC, Bharti Airtel, Infosys, and Bajaj Finance
Top losers: NTPC, State Bank Of India, Power Grid Corporation, Indusind Bank, and Axis Bank
Oil prices surge due to Israel-Iran tensions, with Brent at $80 and WTI at a 5-week high
IPO market buzzing with Garuda Construction raising ₹75 crore from anchor investors
Gold expected to outperform Nifty, consider reallocating investments from equities to gold.
Key sectors to watch: IT, Telecom, Auto, and Financials. Stay informed and adjust your investment strategy accordingly.
