In today’s stock market, Market rebounds with strong buying across sectors. Nifty crosses 22,500 & Sensex moves past 74,000 ahead of RBI policy.
Stock Market Nifty Chart Prediction
On April 08, Sensex was up 1,089.18 points at 74,227.08, and the Nifty was up 374.25 points at 22,535.85. About 2968 shares advanced, -843 shares declined, and 115 shares unchanged.
Top Nifty gainers: Jio Financial, Shriram Finance, Titan Company, Cipla, Bharat Electronics
Top Nifty Losers: Power Grid.
All sectoral indices closed in positive territory, with gains of 2–4% seen in Capital Goods, Consumer Durables, FMCG, Oil & Gas, PSU, Realty, Telecom, and Media sectors.
BSE Midcap index rose 1.8% and Smallcap index added 2%
Stock Prediction for 9th April 2025
| STOCK | Good Above | Weak Below |
| BPCL | 286 | 282 |
| BRITANNIA | 5220 | 5170 |
| INDUSTOWER | 372 | 368 |
| PAYTM | 820 | 810 |
Prediction for Wednesday NIFTY can go up if it goes above 22,700 or down after the level of 22,000, but it all depends upon the Global cues.
Indian stock market saw a strong recovery, with the Sensex jumping over 1,000 points to close at 74,227, while the Nifty 50 finished above the 22,500 mark. This rally was fueled by positive global signals, as Asian markets held firm and concerns over the US-China trade war slightly eased, leading investors to believe the impact on other major economies may be limited. Key resistance is positioned between 22,700 and 23,500, with support levels around 21,800 to 21,500.
| Highest Call Writing at | 22,700 (1.3 Crore) |
| Highest Put Writing at | 22,000 (96.1 Lakhs) |
Nifty Support and Resistance
| Support | 21,800 and 21,500 |
| Resistance | 22,700 and 23,500 |
Bank Nifty Daily Chart Prediction
Prediction For Wednesday, BANKNIFTY can go up if it goes above 52,000 or down after the level of 50,000, but it all depends upon the Global cues.
Bank Nifty remains in a bearish phase. Traders holding short positions should maintain them with a daily closing stop-loss at 50,637. Resistance is expected around the 52,000–52,500 range, while support lies between 50,000 and 49,500.
| Highest Call Writing at | 52,000 (14.2 Lakh) |
| Highest Put Writing at | 50,000 (10.2 Lakh) |
Bank Nifty Support and Resistance
| Support | 50,000 – 49,500 |
| Resistance | 52,000 and 52,500 |
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