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HomeUncategorizedSensex Shows Strong Recovery as Financials Rally; Nifty Above 22,600, Sensex Gains...

Sensex Shows Strong Recovery as Financials Rally; Nifty Above 22,600, Sensex Gains 941 Points.

Sensex, Nifty Gains, BSE midcap index rose by 0.8%, while the smallcap index ended flat.

The market rebounded after losing all losses, closing above 22,600, with the Nifty rising by 1.28% and the Sensex by 1.28%.

The market began positively, with top gainers being ICICI Bank, IndusInd Bank, SBI, UltraTech Cement, and Axis Bank, while losers included HCLTech, Apollo Hospitals, Bajaj Auto, HDFC Life, and LTIMindtree.

Sectors and stocks

Sectoral indices saw green growth except realty, with healthcare, metal, power, bank, oil & gas up 0.4-2 percent. BSE midcap index up 0.8%, smallcap index flat. Nifty Bank’s one-day gain reached a record high.

Nifty Midcap and PSU Bank indices reached fresh highs, with Apollo Hospitals, UntraTech Cement, and Trent experiencing a volume spike of over 300 percent. Over 250 stocks reached their 52-week highs on the BSE, including Aarti Industries, Aditya Birla Capital, and more.

April 30 Forecast

Nifty maintains uptrend position above 21EMA, indicating bullish trend continuation. RSI shows crossover, projected to move towards 22800-22850, with support at 22550.

Today’s trade primarily focused on the Banking segment, with private banks like ICICI and Axis Bank contributing to gains. PSU banks also contributed to the increase, ending the session at 22,643.40. The Energy segment performed well, while Realty was a laggard.

FII Bought169.09 Cr
DII Bought692.05 Cr
as per last trading session

Indian Market Stocks

Sensex937.88+1.27%74,668.04
Nifty 50223.45+1.00%22,643.40
Nifty Bank1,223.00+2.54%49,424.05
as per closing Bell

Market Movers

ICICI Bank52.25 4.72%HCL Tech-86.45 -5.87%
SBI25.20 3.14%Apollo Hospital-290.25 -4.64%
IndusInd Bank40.85 2.82%Bajaj Auto-214.20 -2.39%
UltraTechCement23.10 2.62%HDFC Life-12.75 -2.17%
Axis Bank28.95 2.56%LTIMindtree-44.10 -0.92%
as per closing Bell

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Sensex Sensex Sensex

Sensex After four weeks of increases, Sensex and Nifty fell 2% for the first time After four weeks of increases, Sensex and Nifty fell 2% for the first time

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

The Nifty has experienced a decline, closing the day around 160 points lower. The daily charts show no follow-through buying interest after a breakout, and selling pressure at higher levels could lead to a slipping back into the consolidation zone. The Bollinger bands are contracting, indicating a range contraction. The Bank Nifty has not maintained positive momentum, and it could slip towards the 46900-46800 range. The overall trend is bullish, with an intermediate corrective phase in progress. Short-term weakness could lead to a decline towards the 22200-22250 range.

Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert Red Alert

Record High Record High Record High Record High Record High Record HighrRRecord HighRecord Highecord Highockets

Market Rally Halts Market Rally Halts Market Rally Halts Market Rally Halts

stor Alarm

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