NIFTY OUTLOOK: 23866.85 FII -6267.31 cr DII 4965.53 cr
As discussed yesterday, market behaviour remained on the expected lines during the day, as the hurdle of the opening bearish gap of 9th March 2026 dragged the Nifty down to 23834.3.
NIFTY OUTLOOK: 23866.85 FII -6267.31 cr DII 4965.53 cr
As discussed yesterday, market behaviour remained on the expected lines during the day, as the hurdle of the opening bearish gap of 9th March 2026 dragged the Nifty down to 23834.3.
Potential energy shock poses major risk. Qatar’s energy minister said normal supply cycles may take weeks even if the war ends immediately and warned that Gulf energy exports could halt if tensions escalate. As per Financial Times, oil prices may surge towards $150 per barrel within weeks, which could severely impact India’s economy. As per market grapevine, if crude hits $150, the Nifty level of 21743 recorded on 7th April 2025 may be breached.
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