📢 Market Rally Alert! Nifty opens strong, FIIs turn buyers, and bullish momentum continues. Here’s everything you need to know in today's market update!
💹 Key Highlights:
✔️ Nifty surges 300+ points, breaking key resistance at 22,660 🚀
✔️ Bank Nifty eyes 50,000—will it break out?
✔️ FIIs & DIIs pump ₹3,230 Cr into equities
✔️ US Fed & BoJ rate decisions impact global sentiment
✔️ Stock picks: Ind Hotel, HAL, Voltas & more 📊
✔️ Weak stocks: TechM, Wipro, Dabur—time to sell?
🔔 Stay ahead in the market! Follow for daily stock updates, trading insights & expert analysis.
#StockMarket #Nifty #BankNifty #Trading #StockAnalysis #Investment #FIIs #Sensex #OptionsTrading #MarketUpdate #TechnicalAnalysis
[00:00:00] Welcome to Indian Market in Minutes from Motilal Oswal's research desk. We will be covering technical and derivatives, FII's activity, index, actionable sectors and stocks to watch out. So stay tuned till the end. Hey, this is your host Shivangi Sarda and let's look at what happened globally.
[00:00:26] The rally in the domestic market is expected to continue, fueled by positive sentiment following FII's turning net buyers. Additionally, the US dollar index has dropped to a five-month low of 103, along with Asian markets opening positively and the US index futures gained modestly ahead of the interest rate decisions from the US Fed Reserve and the Bank in Japan.
[00:00:50] The reduction in geopolitical tensions as US President and Russia's President discussed a ceasefire on energy infrastructure in the Ukraine conflict is also contributing to the upbeat mood. To start with our first segment for Wednesday, 19th March 2025, Nifty index opened with a gap-up of over 150 points surpassing its previous resistance levels and bulls took charge from the first tick itself, driving the index higher throughout the day.
[00:01:19] Every minor dip was swiftly bought, indicating strong bullish sentiment. The index gave a decisive breakout from the last seven trading sessions and is now holding well above its 20 daily exponential moving average, reinforcing the positive trend. It formed a bullish candle on the daily frame and closed near its day's high with decent gains of more than 300 points. India Wix was down by another 1.5% to 13.2 levels.
[00:01:48] Nifty put-call ratio jumped to 1.29. Option data suggests a broader trading range in between 22,300 to 23,300, while immediate range could be in between 22,600 to 23,100 levels. Moving on to the second segment in the equity cash market, FII's were net buyers to the tune of 695 crores, while DII's or buyers were 2,535 crores.
[00:02:18] FII's indexed long-shot ratio increased to 24%. Going ahead with the index actionable, derivatives data and price setups suggest Nifty has to hold above 22,650 for an up move towards 23,000 and 23,250, while supports can be seen at 22,500. Bank Nifty has to hold above 49,000 for the next up move towards 50,000 with a support of 48,750.
[00:02:47] And finally, talking about the sectors and stocks to watch out, positive setup can be seen in Indian Hotel, Bhel, HAL, Voltas, Havels and AB Capital, while some weakness could be seen in TechM, AU Bank, Wipro, Tata Technologies and Aarti Industries. Wish you a super day ahead! Shivangi Sarada signing off. Follow this podcast for solid advice.
[00:03:25] Investment and securities market are subject to market risk. Read all the related documents carefully before investing.