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Market Highlights

Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

April 08, 2025

  • Daily Morning Report                                               
  • Date: 08.04.2025
  • NIFTY OUTLOOK: 22161.60  FII: -9040.01 cr  DII: 12122.45 cr
  • As discussed yesterday, market behaviour remained on expected lines. Strong bear pressure dragged the Nifty to a low of 21743, but it reversed from there, crossed our support of 22040, and closed in green at 22161.60.
  • A long bullish candlestick on the daily chart indicates that prices may have reached a support level after an extended decline, suggesting a possible turnaround. If follow-through demand emerges, a move above 22259 could lead to a relief rally up to 22373–22463. With stronger demand, 22555 may also be tested.
  • On the downside, 22040–21965 may act as immediate support. A breach and sustained move below these could drag Nifty towards 21864–21770.
  • Bank Nifty OUTLOOK:
  • SPOT: 49860.10  PCR: 0.80  Max CE OI at 52000  Max PE OI at 50000
  • On 7th April 2025, Bank Nifty opened with a huge gap down due to China’s counter tariff and closed at 49860.10, down 3.19% from the previous day. The index moved 1269.30 points intraday, with a high of 50426.25 and a low of 49156.95.
  • Previous day’s high of 50426.25 and low of 49156.95 may act as resistance and support respectively for today’s trading.
  • Technical View on Daily Chart:
  • The important technical levels on the daily chart of Bank Nifty are 50500 as resistance and 49100 as support. If the index crosses 50500 and sustains, it may rise to 51100. If it breaches 49100, it may slide to 48500.
  • The Relative Strength Index (RSI) for Bank Nifty is at 47.20. An RSI below 30 is considered oversold, and above 70 is overbought.
  • Bank Nifty Day SMA Analysis:
  • Bank Nifty is trading above 2 out of 8 SMAs (30-day and 50-day) and below 6 out of 8 SMAs (5, 10, 20, 100, 150, and 200-day). No bullish candlestick pattern was identified in Bank Nifty.
  • Macros:
  • 1. Dollar index @ 103.20
  • 2. Vix @ 48.77 ( 7.64 % )
  • 3. Brent Crude @ 64.36.
  • 4. 10 years bond yield @ 4.112.
  • Note: Equity markets witnessed a bloodbath globally, with indices falling between 3% and 17%. The least affected were Turkey and India. It may take a week or more for markets to stabilize. Out of 60 countries, 50 have shown interest in negotiating with the US, while China alone retaliated with a 34% tariff. In response, the US President warned of an additional 50% tariff if China doesn't withdraw. Expect more heated comments from both sides, keeping markets volatile.
  • Equities and commodities fell sharply, while bonds saw some recovery and are holding at elevated levels. Volatility spiked, with the VIX rising 49%, and may peak around 55–59 in the next couple of days—potentially paving the way for some recovery.
  • Conclusion: Markets are in uncertain territory. Technically, one should stay cautious. However, as an 18th-century investment banker said, “Buy when there is blood on the street, even if it’s your own.” It's time to accumulate gradually—start with a 25% SIP and continue adding on every 3% dip in Nifty.
  • Contributed by
  • Ashok bhandari : INH000019549
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  • LEMON TREE; Lemon Tree Hotels has announced the signing of Keys Prima by Lemon Tree Hotels in Darjeeling, set to open in FY26.
  • Managed by Carnation Hotels, the 65-room property will feature a restaurant, meeting room, recreation facilities, and more.
  • Conveniently located 2.5 km from Darjeeling Railway Station and 70 km from Bagdogra Airport, the hotel offers easy access by road.
  • @beatthestreet10
  • NUVAMA WEALTH: PAG picks JP Morgan and Morgan Stanley as advisors for mega sale of controlling stake in Nuvama Wealth Management - Mc
  • Asia-Pacific focused alternative investment firm gears up to exit Nuvama Wealth Management
  • @beatthestreet10
  • EU Plans 25% Tariff on US Goods from May 16 in Response to US Steel Duties; Bourbon Removed from Target List – Reuters
  • What just happened?
  • At 10:10 AM ET, rumors emerged that the White House was considering a "90-day tariff pause."
  • At 10:15 AM ET, CNBC reported that Trump is considering a 90-day pause on tariffs for ALL countries except for China.
  • By 10:18 AM ET, the S&P 500 had added over +$3 TRILLION in market cap from its low.
  • At 10:25 AM ET, reports emerged that the White House was "unaware" of Trump considering a 90-day pause.
  • At 10:26 AM ET, CNBC reports that the 90-day tariff pause headlines were incorrect.
  • At 10:34 AM ET, the White House officially called the tariff pause headlines "fake news."
  • By 10:40 AM ET, the S&P 500 erased -$2.5 TRILLION of market cap from its high, 22 minutes prior.
  • Never in history have we seen something like this. Khelo Media Khelo
  • After Macrotech alleges fraud in trademark usage, House of Abhinandan Lodha approaches cops, seeks probe https://search.app/8Ghp7
  • India well-positioned to withstand global slowdown, says Prashant Jain
  • Source: CNBC TV18
  • https://search.app/dA3L3
Panchkarma