The reference rates collapsed in the morning trade on Friday, eliminating the initial as investors rushed to reserve profits in the middle of increasing geopolitical tensions. The Sensex crashed at 78,776.61, below 1,024.82 points (1.28 percent), while the NIFTY50 made the crucial psychological brand from 24,000 to 23,896.40, decreasing 350.30 points (1.44 percent) axis or 11.25.
Acute investment occurs after a positive opening letter, a suggestion that, despite strong global signals and continuous purchases of FII, national conerns have triggered an important sale.
“Markets have leg on a winning streak, markets have risen risen from a level of 22,000, it touched a level or 24,400. So after this winning streak, there is a tendency to book profits and the rising geopolitical tensions to book and stors toydy to rise to rise to rise to rise to rise to rise Wave Wave Wave Wave Wave Wave Wave Wave Wave Wave To Booked Toydyed Wave Wave -Toyd Geopolitical Tensions, ”Said Kranthi Bathini, Director – Capital Strategy, Wealthmills Securities PVT LTD.
The deterioration of the geopolitical situation between India and Pakistan after Pahalgam’s terrorist attack seems to weigh a lot in the feeling of investors. India has suspended the Indo Water Treaty and degraded diplomatic ties with Pakistan, increasing tensions in the region.
The 13 main sectors in the NIFTY 50 experienced losses, with small capitalization and medium capitalization indices that fall by approximately 2 percent to 2.6 percent respectively, indicating a general base sale in all market segments.
“The Indian Stock Market experienced a strong decrease today. After an almost positive opening, the Sensex fell more than 1000 points and Nifty 50 fell below the 24000 brand. This recession is attributed to the combination of geopolitical tension, Kambling said, said book of books and books of books books books books books books books books books of books books books
Banking actions continued their decline, with Axis Bank’s actions falling by almost 3.7 percent due to concerns about the quality of assets, despite the fact that the bank exceeded quarterly estimates in its recently announced results.
The strong fall occurs after an impressive seven -day winning streak that had pushed the markets to register maximums. The Nifty had recovered approximately 12 percent in the last two weeks, which caused the market to be full of correction.
“After a seven -day winning streak, investors participate in the profit reserve and the markets had one leg in an ascending trajectory. And this correction is considered a natural response to the profits recently,” Kamble added.
From a technical perspective, the market has reached critical support levels. “If we see today’s levels, immediate support is seen at 24,000 levels. This level is crucial since it has a 50 percent fib setback and a sustained movement below this could indicate additional weakness. If we talk about amblos, no.
For any potential recovery, “speaking of resistance, 24,350 will act as immediate resistance, followed by 24,500. This resistance is necessary to violate for a bull reversal,” Kamble explained.
Foreign institutional investors (FII), who were in a shopping spree during seven consecutive sessions with purchases worth ₹ 8,250 million rupees only on April 24, seem to have counteracted the national sales pressure.
Market volatility is promoted by India Vix, which increased 70 percent in a single day earlier this week, increasing from 14 to 23, before cooling to 16.35.
As investors expect quarterly results from heavyweight companies, including Reliance Industries, Maruti Suzuki and L&T Finance scheduled for today, the feeling of the market remains with merchants who move incessantly to cash positions due to cash positions.
Acute sudden correction serves as a reminder or market vulnerability despite strong foundations, since the combination of extended manifestations, reserve trends of external geopolitical factors and external geopolitical factors can trigger significant market movements also in the midst of positive global signals.
Posted on April 25, 2025