NIFTY INTRADAY TRADING LEVELS FOR TOMMORRROW
DATE- `17.04.2025
TIME-FRAME- 15min
BUY OR BUY CALL ABOVE- 23433 target will be 23497, 23567 & 23637
SELL OR BUY PUT BELOW - 23371 target will be 23289, 23229 & 23159
The markets ended in the green clocking steady gains after a quiet start. The Nifty closed 0.47% higher at 23,437, while the Sensex closed uo 0.4%. The Nifty’s closee above 23,400 is striking as the Index closed above this key level for the first time in April. The broader markets outperformed the benchmark with the BSE Smallcap ending nearly 1% up and the BSE Midcap Index closing the day up 0.63%.
The big Index movers today
The key gainers in trade include IndusInd Bank, up nearly 7% after the External audit indicated a 2.24% hit on net worth as against 2.35% hit expected earlier.
That apart Axis Bank, ONGC, Trent, Adani Ports and Asian Paints are among the top index movers today.
The key Index losers in trade
On the other side of the spectrum, the ley losers included the auto pack that comprised Maruti, Hindalco, Tata Motors, Bajaj Auto, Apart from that the other Bajaj Group stocks like Bajaj Finance and L&T, Infosys saw sharp cuts in intra-day trade.
52-week High: 54 stocks hit new milestone
Despite being a quiet session, 54 stocks hit new 52-week highs. Some of the key stocks that achieved this milestone include HDFC Bank, Eicher Motors, SBI Cards, Chambal Fertiliser, Astrazeneca. Overall the market breadth was in favour of advancing stocks.
Why is the volatility Index down
The Volatility Index ended lower by 1%. Overall, this is a gauge of fear in the market and indicates how apprehensive investors are. Just to put in context, the VIX shot up to 60% levels on the back of global rout seen earlier last week.
