In today’s stock market, Nifty drops below 23,000, Sensex plunges over 900 points as Trump’s tariffs shake IT, pharma, and metal sectors.
Stock Market Nifty Chart Prediction
On April 04, Sensex was down 930.67 points at 75,364.69, and the Nifty was down 345.65 points at 22,904.45. About 1081 shares advanced, -2721 shares declined, and 131 shares unchanged.
Top Nifty gainers: Power Grid Corp, Sun Pharma, UltraTech Cement, Cipla, Shriram Finance.
Top Nifty Losers: Tata Steel, Hindalco Industries, ONGC, Tata Motors, Cipla.
In sectoral performance, the Metal index sank 6.5%, while the Pharma index declined by 4%. The Realty index dropped 3.6%, and the Oil & Gas index fell nearly 4%. Meanwhile, indices for Auto, Consumer Durables, Power, PSU, Media, and IT registered losses between 2% and 3%.
The BSE Midcap index falling 3% and Smallcap index shedding 3.4%
Stock Prediction for 7th April 2025
| STOCK | Good Above | Weak Below |
| ASTRAL | 1345 | 1332 |
| BERGEPAINT | 518 | 512 |
| MAXHEALTH | 1140 | 1128 |
| PIDILITIND | 2916 | 2885 |
Prediction for Monday NIFTY can go up if it goes above 23,200 or down after the level of 22,800, but it all depends upon the Global cues.
Nifty experienced a consolidation breakdown on the daily chart, signaling a bearish trend. Weighed down by weak global cues, the markets faced selling pressure, declining nearly 1.5%. After two days of subdued trading, Nifty breached its crucial support level of 22,800 during early trade and extended its losses, finally closing at 22,904.45. Most sectors came under pressure, with metals, pharma, and energy taking the biggest hit. Resistance is seen at 23,200-23,800, while support lies in the 22,800-22,500 range.
| Highest Call Writing at | 23,200 (1.1 Crore) |
| Highest Put Writing at | 22,800 (77.0 Lakhs) |
Nifty Support and Resistance
| Support | 22,800 and 22,500 |
| Resistance | 23,200 and 23,800 |
Bank Nifty Daily Chart Prediction
Prediction For Monday, BANKNIFTY can go up if it goes above 52,000 or down after the level of 50,100, but it all depends upon the Global cues.
Bank Nifty remains in a downtrend. Traders holding short positions should maintain them with a daily closing stop-loss at 51,819. Resistance is positioned between 52,000-52,500, while support is found in the 50,600-50,000 range.
| Highest Call Writing at | 52,000 (12.3 Lakh) |
| Highest Put Writing at | 50,500 (15.5 Lakh) |
Bank Nifty Support and Resistance
| Support | 50,500 – 50,000 |
| Resistance | 52,000 and 52,500 |
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