Home » Stock Market Prediction for Nifty & Bank Nifty 2nd May 2025

Stock Market Prediction for Nifty & Bank Nifty 2nd May 2025

Ths image is about stock market prediction for 2 May 2025

In today’s stock market, Sensex falls by 190 points, Nifty slips below 24,300; real estate stocks perform the best.

Stock Market Nifty Chart Prediction

On April 30, Sensex dropped by 46.14 points, settling at 80,242.24, while the Nifty fell by 1.75 points to 24,334.20. A total of 938 shares advanced, –2,828 shares declined, and 141 shares remained unchanged.

Top Nifty gainers: Maruti Suzuki, HDFC Life, Bharti Airtel, SBI Life Insurance, Power Grid Corp 
Top Nifty Losers:  Bajaj Finserv, Bajaj Finance, Trent, Tata Motors, SBI.

The Realty index rose nearly 2%, and Telecom gained 1%, while Media and PSU Bank dropped 2%. IT, Bank, Consumer Durables, and Capital Goods fell by 0.5%.

The BSE Midcap index dropped 0.7%, while the BSE Smallcap index fell 1.7%.

Stock Prediction for 2nd May 2025

Prediction for Friday NIFTY can go up if it goes above 24,400 or down after the level of 24,100, but it all depends upon the Global cues.

The Indian stock market closed lower today, with the Sensex down 46 points and Nifty near 24,334, pressured by rising India-Pakistan tensions. Investors are focused on corporate earnings, US-India trade talks, and geopolitical factors. The market is expected to remain volatile, with resistance between 24,400-24,600 and support between 24,100-23,800.

Highest Call Writing at
24,400 (2.2 crore)
Highest Put Writing at
24,100 (2.1 crore)

Nifty Support and Resistance

Support 24,100-23,800
Resistance
24,400-24,600

Bank Nifty Daily Chart Prediction

Prediction For Friday, BANKNIFTY can go up if it goes above 55,500 or down after the level of 55,000, but it all depends upon the Global cues.

BANKNIFTY is currently in a negative trend. If holding short positions, continue to hold with a daily closing stoploss at 55,686. Fresh long positions can be considered if BankNifty closes above 55,686. Resistance is seen between 55,500 and 56,000, while key support levels are at 55,000 and 54,600.

Highest Call Writing at55,500 (12.1 Lakh)
Highest Put Writing at55,000 (16.3 Lakh)

Bank Nifty Support and Resistance

Support55,000 and 54,600
Resistance
55,500 and 56,000

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