🔹 1. GIFT Nifty: Market Open Signal
GIFT Nifty at 22,130.5, down -828.5 pts (-3.61%) from the previous close.
Indicates a sharp gap-down opening for the Indian market.
This reflects global bearish sentiment, recession fears, and tariff-related jitters.
🔹 2. Global Market Cues (Extreme Weakness Across Board)
| Region | Index | % Change | Comments |
|---|
| US | Dow, Nasdaq, S&P | -5.5% to -5.97% | Bear market concerns, triggered by Trump’s new tariffs |
| Europe | DAX, FTSE, CAC | -4.26% to -4.95% | Ripple effects from US-China tensions |
| Asia | Nikkei, Kospi, Hang Seng | -5.15% to -8.8% | Recession fears, and Chinese tariffs on US imports (34%) |
| Commodities | Oil & Copper | -8.5% & oil < $60 | Selling pressure, worst commodity week since 2022 |
| USD Index | 102.48 (-0.4%) | Weakening due to tariff pressure and risk aversion |
🔹 3. India Market Overview
◽ Nifty 50:
Closed at 22,904 (-1.49%)
Formed a long bearish candle with high volume – a strong bearish signal.
Indicators:
Entered lower Bollinger Band (indicates further downside)
Broke 50% Fibonacci retracement
RSI: 45.93 – slipping toward oversold
MACD: Approaching a bearish crossover
Technicals Support/Resistance:
Resistance (R1–R3): 23,349 to 23,484
Support (S1–S3): 22,635 to 22,127
◽ Bank Nifty:
Closed at 51,502 (-0.18%)
Bearish candle with long shadows shows indecision
Failed breakout from trendline — weakness ahead
Positive Signs:
Still above all key EMAs (10 to 200-day)
RSI at 64.31 – remains strong
MACD still bullish but at risk of weakening
🔹 4. Sectoral & Volume Analysis
Volume Shockers: Stocks with 1.5x+ weekly average volume — usually precursors to big moves.
Long Buildup: Stocks like Emami, Patanjali Foods (strong OI, price, volume rise)
Short Buildup: Stocks like Hindustan Copper, Siemens, JSW Holdings
Top Gainers: Tata Steel, HDFC Bank, Bajaj Finance
Top Losers: One 97 (Paytm) -39.51%, Glenmark, Vedanta
🔹 5. FII/DII Activity
| Date | FII (₹ Cr) | DII (₹ Cr) |
|---|---|---|
| 04 Apr | -3522 | +29576 |
| 03 Apr | +3695 | +12430 |
| 02 Apr | -13730 | +5632 |
Heavy DII buying is attempting to counteract aggressive FII selling.
🔹 6. Stocks in News
Positives:
Bajaj Housing Finance: AUM +26%, disbursements +25%
L&T: Green energy arm, international expansion
ITC: Strategic FMCG investment
Negatives:
Tata Motors: JLR hit by US tariffs
Federal Bank & Yes Bank: Leadership exits, net advances fall
IndusInd Bank: QoQ declines, weaker CASA
🔹 7. Option Chain & PCR
Put/Call Ratio (PCR): Indicates rising bearishness as Put volume > Call
High Call OI near ATM → Resistance
Falling Put OI → Weak support levels
🔹 8. Word of the Day: Margin Call
Warning about leverage risks in a falling market — relevant given the current volatility.
Highlights risk of forced liquidations in heavily margined positions.
✅ Summary (Actionable Insights)
| Aspect | Outlook | Comment |
|---|---|---|
| GIFT Nifty | ❌ Bearish | ~800 pt gap-down |
| Global Cues | ❌ Very Negative | Bear market zone, tariff war |
| Nifty 50 Chart | ❌ Bearish | Bearish candle, RSI, Bollinger |
| Bank Nifty | ⚠️ Mixed | Structural strength, short-term weakness |
| FII/DII Flows | ⚠️ Divergence | Heavy FII sell-off; DII support |
| Sector/Stock Trend | ⚠️ Mixed | Defensive buying in select names |
| Overall Sentiment | ❌ Risk-Off | Greed index high (69.85), but reversal likely |
⚠️ Disclaimer
This report is intended for informational and educational purposes only. It does not constitute investment advice, trading recommendations, or a solicitation to buy or sell any securities. Market conditions are highly volatile, and past trends do not guarantee future outcomes. Please consult a certified financial advisor before making investment decisions. The author and publisher accept no liability for any financial losses or damages resulting from the use of this information.
