Nifty 50, Sensex Today: What to expect from the Indian stock market in the trade on April 2 before Trump's reciprocal rates | Einsmark news

Indian stock market criteria, Sensex and Nifty 50, are likely to open flat on Wednesday and locate mixed clues from global peers before US President Donald Trump’s reciprocal rates. The trends on gift Nifty also indicate a fixed start to the Indian measure index. The Gift Nifty traded about 23,327 level, a discount of almost 4 points from the Nifty Futures previous closure. The domestic stock market crashed on Tuesday, with both the benchmark indices cracking more than 1.5% each. The Sensex cracked 1,390,41 points, or 1.80%, to close at 76,024,51, while the Nifty scored 50 353.65 points, or 1.50%, lower at 23,165,70. Here is what to expect from Sensex, Nifty 50 and Bank Nifty Today: Sensex Prediction Sensex plunged 1.390 points on Tuesday to close at 76,025, forming a long, urgent candle on daily maps, combined with a correction of the continuation of the intraday cards, which indicates further weakness of the current levels. “For day traders, 75,800 would be the most important support zone. If Sensex succeeds in trading above this level, we can expect a withdrawal to expect to 76,500 – 76.650. On the other hand, a dismissal of 75,800 the sales pressure can accelerate. Chouhan, Head Equity Research, Kotak Securities. Market action on a rise of selling pressure from the overhead resistance of approximately 23,600 levels. Analyst at HDFC Securities. According to him, the current weakness in the market seems to be a healthy correction after a recent sharp turnout. “Nifty 50 can find support of about 23,000 levels before showing another round of the bounce of the higher lows. Immediate resistance is placed at 23,400 levels,” says Shetti. To Mehra, technical analyst, Samco Securities, said that the Nifty 50 index indicates a clumsy candle on the daily map with a long upper fashion. 50 slipped below the 9 EMA (exponential moving average), it still goes above the 50 and 100 EMAs, which indicate that the broader bullish tendency remains intact. While the hourly chart shows signs of a short-term return, the daily chart still holds a higher and higher, low structure, which is supported, “Mehra said. According to him, the immediate support is placed at 23,000, while the next key support is in line with the rising trend line near 22,850. believes that 23,400 to 23,800 remains an important resistance zone for the Nifty 50 index, where investors can benefit from accepting the strategy for selling the sale. It can be a good time for smart investors to collect different, non-overlapping stocks from different industries. Technically, Nifty can find 50 support between 22,900 and 22.810 and a face resistance near 23,250 and 23.410, ‘says Ambala. Bank Nifty Prediction Bank Nifty ended 1.43% lower 50,827.50 on Tuesday and formed a clumsy candle on the daily map. “Bank Nifty index remains about to violate its 9-EMA, but keeps above the 50 and 100 EMAs, suggesting that the broader tendency remains generously supportive. The daily RSI has turned slightly skewed, although it is still near the 60-point, which indicates a break in the momentum without a complete exposition. According to him, the next key support for Bank Nifty lies near the 38.2% recovery level, about 50,390. At the top, resistance is expected almost 51,400. With a major tariff event on the horizon, the index can swing with larger swings as uncertainty is. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. Business NewsMarketsstock Marketsnifty 50, Sensex Today: What to expect from the Indian stock market in the trade on April 2 before Trump’s reciprocal rates less less