Stock market today: Gift Nifty up 145 pts; levels to watch for Nifty, Sensex, Nifty Bank
Nifty futures on the NSE International Exchange traded 144.50 points, or 0.59 per cent, higher at 24,517.60, hinting at a positive start for the domestic market on Friday.


- Apr 25, 2025,
- Updated Apr 25, 2025 7:59 AM IST
After a volatile ending to the April Series contracts, Indian benchmark indices are set to kick off March series on a positive note. Strong performance by the US stocks in the overnight trade, along with gains in Asian peers is likely to spill over to Dalal Street indices as well. All eyes will be set on RIL's earnings due later today.
Hence, failure to move above 56,000 levels will lead to some consolidation in the range of 54,400-56,000 in the coming sessions, said Bajaj Broking. "While a move above 56,000 levels will lead to extension of up move towards the 56,800 zone in the coming weeks. The key support base is placed at 54,000-53,500 levels, being the Monday’s gap area and the recent major breakout area."
Nifty Bank must decisively surpass the 56,100 resistance level. The momentum indicators such as the daily RSI and MACD show cooling off signals, suggesting reduced bullish strength, said Om Mehra, Technical Research Analyst, SAMCO Securities. "The broader outlook remains constructive as long as the 54,400 to 54,500 zone holds on a closing basis," he added.
After a volatile ending to the April Series contracts, Indian benchmark indices are set to kick off March series on a positive note. Strong performance by the US stocks in the overnight trade, along with gains in Asian peers is likely to spill over to Dalal Street indices as well. All eyes will be set on RIL's earnings due later today.
Hence, failure to move above 56,000 levels will lead to some consolidation in the range of 54,400-56,000 in the coming sessions, said Bajaj Broking. "While a move above 56,000 levels will lead to extension of up move towards the 56,800 zone in the coming weeks. The key support base is placed at 54,000-53,500 levels, being the Monday’s gap area and the recent major breakout area."
Nifty Bank must decisively surpass the 56,100 resistance level. The momentum indicators such as the daily RSI and MACD show cooling off signals, suggesting reduced bullish strength, said Om Mehra, Technical Research Analyst, SAMCO Securities. "The broader outlook remains constructive as long as the 54,400 to 54,500 zone holds on a closing basis," he added.