In the Stock Market Today, Sensex & Nifty close unchanged in a volatile market; real estate dips while IT & power sectors rise.
Stock Market Nifty Chart Prediction.
On April 03, Sensex dropped by 27.09 points, closing at 73,876.82, while the Nifty fell by 18.60 points, ending at 22,434.70. There were 2,623 shares that saw gains, -914 shares experienced declines, and 82 shares remained unchanged.
Top Nifty gainers: Shriram Finance, NTPC, TCS, Axis Bank and Tech Mahindra
Top Nifty Losers: Nestle India, Bajaj Auto, Kotak Mahindra Bank, Britannia Industries and Dr Reddy’s Laboratories.
Sector wise performance, the Realty sector declined by 2.5% & the Auto sector dropped by 0.4%. Conversely, the Power and PSU Bank sectors each experienced a 1% increase, while the Information Technology and Media sectors both improved by 0.5%.
BSE midcap hit a new high, up 0.6%, and smallcap rose 1%
Stock Prediction for 04th April 2024.
| STOCK | Good Above | Weak Below |
| ACC | 2652 | 2626 |
| BIOCON | 276 | 272 |
| CHOLAFIN | 1206 | 1190 |
| DABUR | 534 | 529 |
Prediction For Thursday, NIFTY can go up if it goes above 22,500 or down after the level of 22,200 but all depends upon the Global cues.
Nifty has been in consolidation for three sessions, opening lower but ending just slightly down by around 19 points. The 22,200 to 22,100 range is providing support, with resistance at 22,500 to 22,600. Breaking past these levels could signal a new trend.
| Highest Call Writing at | 22,500 (1.5 Crore) |
| Highest Put Writing at | 22,200 (90.3 Lakhs) |
Nifty Support and Resistance
| Support | 22,200, 22,100 |
| Resistance | 22,500, 22,600 |
Bank Nifty Daily Chart Prediction.
Prediction For Thursday, Bank NIFTY can go up if it goes above 47,700 or down after the level of 47,300 but it all depends upon the Global cues.
Bank Nifty stayed in the green, with the critical support area between 47,300 and 47,000 effectively countering the selling pressure. Over the upcoming trading sessions, it’s anticipated that Bank Nifty will pursue an upward trajectory, aiming for the 47,700 to 48,000 range.
| Highest Call Writing at | 47,700 (72.8 Lakhs) |
| Highest Put Writing at | 47,300 (1.5 Crore) |
Bank Nifty Support and Resistance
| Support | 47,300, 47,000 |
| Resistance | 47,700, 48,000 |
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