Sensex Today | Stock Market View: Prashanth Tapse, Senior VP (Research), Mehta Equities





This week, stock markets will be closed on Thursday, April 11th, for Eid Celebrations, leading to a truncated trading period. Volatility is expected in today's trading due to significant US events, including the release of March US CPI and the minutes of the Fed’s March FOMC meeting. Positive factors such as expectations of robust Q4 corporate earnings and a pre-election rally are supporting the market. Bank Nifty's inclusion in rising sectoral indices reflects anticipation of healthy Q4 earnings from banks. Technically, Nifty's support is at 22369, with options data suggesting a trading range of 21700-23000.


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