Nifty last close: 22828.55 (+1.92%)
The market closed moderately lower after a volatile truncated week ending April 11
Last week was started off with a big crash after assessing the impact of higher-than-expected reciprocal tariffs imposed by US on all trade partners
Last week The Nifty 50 fell 76 points to finish the week at 22,829
Sensex declined 207 points to end at 75,157
The Nifty Midcap 100 index was down 0.3 percent and Smallcap 100 index gained 0.13 percent
FIIs net sellers throughout the current month due to Trump’s tariff war, net offloading Rs 34,641.79 crore
DIIs net bought Rs 27,588.18 crore worth shares during the month
FIIs extended their selling on ninth day on April 11 as they sold equities worth Rs 2519 crore
DIIs bought equities of Rs 3759 crore on same day
US stocks ended higher on Monday
Dow Jones Industrial Average rose 312.08 points, or 0.78%
S&P 500 rose 42.61 points, or 0.79%
Nasdaq Composite rose 107.03 points, or 0.64%
Apple giving the S&P 500 its biggest boost as the White House exempted smartphones and computers from new tariffs
CBOE Volatility Index cools to 30.9 vs 50+ hit earlier in April 2025
Investors cheered Trump’s exemption of smartphones and computers, as well as other devices and components such as semiconductors, from his new “reciprocal” tariffs
Though Tariff uncertainty continues as Trump & Commerce Secretary Howard Lutnick said on Sunday that the exemptions are not permanent!
Dollar Index at 99.6, lowest level in 3 years
Brent Crude steady at 64.9$/barrel, even after OPEC cuts its demand growth forecast on Trump’s tariffs
Bitcoin at 84600$
Gold at record highs at 3213$/ounce
The US 10-year Treasury yields decreased by 40 basis points to 4.35%
Earnings on Tuesday : Bank of America, Citigroup, Johnson & Johnson & PNC Financial
Asian markets were set to higher opening in early trade
Nikkei up 0.90% and Hangseng at flat note
GiftNifty indicates a gap up opening for the index
This week trend decider 23350 and 22200
Today Nifty is facing a intraday resistance 22940 and 23000
If stays above 23000 will try to move 23120 and 23250
On other side, Nifty considering a supports 22750 and 22680
Below 22680 finding a next support around 22600
Updated: 08.48 am / 15th April 2025
