In today’s stock market, Sensex Gains 106 Points, Nifty Tops 24,400 as Markets Respond Calmly to Operation Sindoor
Stock Market Nifty Chart Prediction
On April 07, Sensex was up 105.71 points at 80,746.78, and the Nifty was up 34.80 points at 24,414.40. About 2121 shares advanced, -1620 shares declined, and 149 shares unchanged.
Top Nifty gainers: Tata Motors, Bajaj Finance, Jio Financial, Shriram Finance, Eternal
Top Nifty Losers: Asian Paints, Sun Pharma, Bajaj Auto, Grasim Industries and Reliance Industries.
All sectoral indices closed higher on the day, except for FMCG and pharma. Notably, auto, media, real estate, and consumer durables each posted gains of around 1%.
BSE Midcap index rose 1.3% and smallcap index added 1%
Stock Prediction for 8th May 2025
| STOCK | Good Above | Weak Below |
| BALKRISIND | 2785 | 2756 |
| CHOLAFIN | 1580 | 1560 |
| SRF | 3060 | 3030 |
| VOLTAS | 1256 | 1244 |
Prediction for Thursday NIFTY can go up if it goes above 24,500 or down after the level of 24,500, but it all depends upon the Global cues.
The Indian stock market ended slightly higher, with the Nifty 50 closing at 24,414.4 — up 34.8 points from the previous session. Despite experiencing volatility driven by geopolitical concerns following India’s targeted strikes on terror camps in Pakistan under “Operation Sindoor,” the market displayed strength and stability. A bullish candlestick pattern appeared near the day’s low on the daily chart, signaling buying interest during dips. Over the past 9 to 10 sessions, Nifty has moved within a broad range, showing a series of higher lows on the daily timeframe. Key resistance is expected around 24,500–25,000, while immediate support lies between 24,400 and 24,000.
| Highest Call Writing at | 24,500 (1.6 Cr) |
| Highest Put Writing at | 24,400 (1.2 Cr) |
Nifty Support and Resistance
| Support | 24,400-24,000 |
| Resistance | 24,500-25,000 |
Bank Nifty Daily Chart Prediction
Prediction For Thursday, BANKNIFTY can go up if it goes above 54,700 or down after the level of 54,000, but it all depends upon the Global cues.
Bank Nifty remains in a downward trend. Traders with existing short positions may consider holding them, with a stop-loss placed at a daily close above 55,130. On the upside, resistance is seen in the 54,700 to 55,700 range, while support is expected between 54,000 and 53,000 on the lower end.
| Highest Call Writing at | 54,700 (12.7 Lk) |
| Highest Put Writing at | 54,000 (14.7 Lk) |
Bank Nifty Support and Resistance
| Support | 54,000 and 53,000 |
| Resistance | 54,700 and 55,700 |
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