National markets are expected to support the rally on Wednesday thanks to positive global signals. The US shares. During the night more than 2.5 percent after the president of the United States, Donald Trump said he had no plans to fire the Federal Head of the Jerome Powell Federal Reserve, which had seriously shaken the investment in the assets of the United States. What further increased the confidence of the investors that Trump also reiterated that he wanted to make an agreement with China on tariffs.
Stock markets throughout the Asian were enjoying a very necessary relief rally, with Nikkei jumping more than 2 percent.
GIFT NIFTY to 24,385 indicates an opening of the gap or about 200 points for Nifty. Analysts expect the market to remain volatile ahead of expiration, but they will see the purchase at lower levels.
Analysts are closely monitoring the behavior of foreign portfolio investors who recently pumped at almost $ 2 billion.
Narinder Wadhwa, managing director and CEO of Ski Capital Services Ltd, said the recent change in FII’s activity, with more than $ 2 billion in Indian shares bought in only four five sessions, subsequent flows or value, a change of changes, reflects the changes, a change of changes. Stability and sectoral attractiveness.
According to HM, provided that the macro indicators remain stable and the delivery of profits, the positive feeling of FII can sustain, in the short term.
However, for the medium term, the continuation of its purchase will depend on the sustained growth of the profits in the key sectors, the conditions of global liquidity, the prices of the basic products and the stability in the currency yields and bonds.
“We expect the gradual up-move to continue in the market on hopes of a bilateral Trade Between India and the US, Subetined Fii Buying and Supportive Rbi Policies. Wam, Amongst Others, Will Announce Results On Wednesday, ”Said Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal Financial Services Ltd.
Posted on April 23, 2025