Indian stock market: 11 things that changed for market over weekend- Gift Nifty, US-Iran talks, China LPR to gold prices
Indian stock market: Gift Nifty was trading around 23,801 level, a discount of nearly 50 points from the Nifty futures previous close, indicating a negative start for the Indian stock market indices.
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Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a tepid note on Monday, following mixed cues from global markets.
Asian markets traded mixed, while the US stock market ended mostly lower over the weekend, with investors focusing on China’s loan prime rate decision, US-Iran talks and Russia-Ukraine ceasefire.
This week, investors will monitor key stock market triggers, including the next set of Q4 results, global tariff announcements, the scheduled derivatives expiry, and global cues that will dictate the market direction.
The Indian stock market was closed on Friday, April 18, on account of Good Friday.
On Thursday, the Indian stock market extended the bull run for the fourth consecutive session and ended with strong gains.
The Sensex rallied 1,508.91 points, or 1.96%, to close at 78,553.20, while the Nifty 50 settled 414.45 points, or 1.77%, higher at 23,851.65.
“With the Nifty 50 now hovering around its previous swing high near 23,800, focus will shift to the earnings announcements from heavyweights like Infosys, HDFC Bank, and ICICI Bank. We continue to advocate a buy on dips strategy, with a preference for rate-sensitive sectors for long trades, while remaining selective in other segments,” said Ajit Mishra – SVP, Research, Religare Broking Ltd.
Asian Markets
Asian markets traded mixed on Monday after China loan prime rate decision. Japan Nikkei 225 declined 1.16%, while the Topix index fell
2025-04-21
By
ANUSHKA TRIPATHI
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