April 17, 2025
Indices
Note :
- 'Open' prices are based on pre-market indicators and may differ slightly at actual market open.
- Traders are advised to wait for the first 30 minutes of trading to gauge market direction more accurately.
- Always use proper risk management techniques, especially on days with higher volatility.
Top Gainers and Losers : 16-04-2025
Top Gainers
Top Losers
Note :
- Last Price and Change are as of market open.
- Volume represents the number of shares traded in the first 15 minutes of trading.
- 52-Week High and Low are based on the previous trading day's close.
Global Markets Overview: Positive
Major global indices are showing positive trends, indicating a favorable environment for Indian markets.
- U.S. Markets: Nasdaq CFD closed up by -3.07%, S&P 500 CFD index lost by -2.24%.
- European Markets: FTSE up by 0.32%, DAX increased by 0.27%.
- Asian Markets: Hang Seng rose by 1.18%, Nikkei 225 index up by 0.86%.
Nifty 50 Outlook
#StreetOpen
Previous Close:
23,328.55
Previous Day Change:
108.65 (0.47%)
Intraday Supports:
23,208.33
Intraday Resistances:
23,566.63
- NIFTY50 is in a consolidation phase with minor upward bias
- Key support is at 23,300 with resistance around 23,500
- Significant volume spike observed at 14:00 suggests potential momentum shift
- Possible bullish movement if it breaks above 23,500 with strong volume
Bank Nifty Outlook
#StreetOpen
Previous Close:
52,379.50
Previous Day Change:
738.25 (1.41%)
Intraday Supports:
52,224.75
Intraday Resistances:
53,610.95
- Bank Nifty is in an uptrend with consistent higher highs and higher lows
- Immediate support is observed at 52,800 with resistance around 53,200
- Significant volume spike noted around 15:00 on the 15th indicates increased buying interest
- Potential bullish momentum if price sustains above 53,200 suggesting further upside
Previous Day's Market Breadth
Total Advancing Stocks
2068
Total Declining Stocks
834
Advance-Decline Ratio
2.48
Get daily predictions and stock updates
Market Breadth
Advancing Sectors
14
Declining Sectors
6
Advance-Decline Ratio
2.333
Sector Rotation Analysis
Key Sector Trends
Finance
Nifty 50 is expected to defend key support levels, indicating potential consolidation after a significant run-up.
Electricals
Sensex reclaims 77,000 with a strong rally, driven by financials, FMCG, and Oil & Gas sectors.
Healthcare
Healthcare stocks like Zydus Life and Lupin are in focus, indicating potential interest in the sector.
Electricals
Gold prices hit an all-time high, driven by increased demand for gold ETFs as a stable asset.
Sectors to Watch
Sector - News
Electricals
Bajaj Electricals shares soar 7% on Slovak tie-up for lighting control projects.
Infrastructure
Kfin Tech acquires Singapore-based fund administrator Ascent for $34.68 million.
Real Estate
HDFC Securities picks Oberoi Realty, Sobha, Mahindra Lifespaces as top real estate picks.
Pre-Market News
- ICICI Prudential Life Insurance:ICICI Prudential Life Insurance's Q4 earnings surpass estimates with a 25% jump in retail protection.
- IREDA:IREDA shares jump 7% on robust Q4 earnings, net profit soars 49%.
- Mahanagar Gas:Mahanagar Gas, IGL, Adani Total Gas stocks tumble as Centre trims priority gas allocation.
Stocks to Watch
Wipro
Q4 revenue down 1.2% at $2,596.5 million, total bookings up 13.4% to $3.96 billion, QoQ
UltraTechCement
Company to acquire 26% stake in AMPIN C&I Power Eight for Rs 25.5 crore
SML Isuzu
Company appoints Yasushi Nishikawa as MD & CEO w.e.f. April 17
Our Top Research Calls (Previous Day)
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About Author
Santhosh Kumar V.
Founder, CEO Streetgains
Santhosh is a technical analyst, market researcher, educator and trader with 10+ years of experience. He is an expert in the area of patterns, price and time analysis as it applies to futures, Forex, and stocks.
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