Nifty last close: 22328.55 (+2.19%)
Indian equities staged a dramatic comeback on Tuesday, wiping out all the losses since the Liberation Day
The Sensex jumped over 1,750 points and the Nifty surged past 23,300
Adding a whopping Rs 10.9 lakh crore in market capitalization in a single day
At close, the Sensex was up 1,577.63 points or 2.10 percent at 76,734.89
The Nifty 50 was up 500 points or 2.19 percent at 23,328.55
Midcap and smallcap indices rose 3 percent each
All sectoral indices ended in the green with the realty index up more than 5 percent on strong buying support
India VIX, the measure of volatility in the market, ended the session 19 percent lower
March CPI Inflation at 3.34% Vs 3.61% (MoM)
MarchWPI inflation at 2.05% vs 2.38% (MoM)
IMD forecasts above normal monsoon in 2025
Rupee ends at 85.77/$ against Friday’s close of 86.04/$
IndusInd Bank shares in focus as probe finds Rs 1,979 crore of ‘negative impact’ in derivatives
FIIs turned net buyers on April 15 as they purchased equities worth Rs 6065 crore
DIIs turned net sellers after three days, as they sold equities of Rs 1951 crore on the same day
US stocks ended slightly lower on Tuesday as tariff uncertainty stayed high and shares of consumer and healthcare companies eased
The Dow Jones Industrial Average fell 155.83 points, or 0.38%
S&P 500 lost 9.34 points, or 0.17%
Nasdaq Composite lost 8.32 points, or 0.05%
Better than expected results. Bank of America +3.6% and Citigroup +1.8%
Boeing -2% after Bloomberg reported that Beijing ordered Chinese airlines not to take more of the company’s planes
Nvidia -6% after the chip giant said it will post a $5.5 billion quarterly charge
Related to exporting its H20 graphics processing units to China and other nations
10-year Treasury yield at 4.34%
Dollar Index at 99.9
Brent Crude steady at 64.9$/barrel
Bitcoin at 83615$
Gold at record highs at 3232$/ounce
Asian stocks edged lower and US equity-index futures slid as trade conflicts showed no signs of abating, with Nvidia Corp
Nikkei down 0.74% and Hangseng down 2%
GiftNifty indicates a negative opening for the index
Nifty is facing a intraday resistance 23360 and 23400
If stays above 23400 will try to move 23480
On other side, Nifty considering a supports 23290 and 23240
Below 23240 finding a next support around 23150
Updated: 08.50 am / 16th April 2025