Trading Plan: Will US–Iran deal hopes keep Nifty 50 above 50-DEMA, Bank Nifty above 55,800 amid consolidation?

Below the 50-day EMA, downside support for Nifty 50 is seen in the 24,100–23,900 zone in the near term. As long as the Nifty 50 holds this support, the positive trend remains intact, with the index facing resistance at 24,400–24,500.

Trade Setup for April 17: Top 15 things to know before the opening bell; markets await US–Iran peace deal updates

Near-term bullish momentum remains intact, with the Nifty 50 holding well above short-term moving averages and supported by a declining VIX.

Technical View: Bullish bias intact despite minor profit booking; 24,400 likely immediate Nifty resistance, 56,700 crucial hurdle for Bank Nifty’s further rally

The weekly options data indicated that 24,200 is expected to remain a key zone for further direction in the Nifty 50. The near-term range is placed at 24,000–24,500, while the broader range is seen at 23,500–24,800.

Taking Stock: Markets erase early gains, end 0.1% lower in volatile trade; IT, metals gain

Broader indices continued their outperformance as Nifty midcap index rose 0.6 percent and smallcap index added nearly 1 percent.

Live: Broader markets outperform in a choppy session; metals shine | Closing Bell

Indian markets recovered sharply from the day’s lows in a volatile session, with the Sensex rebounding nearly 300 points and the Nifty climbing over 100 points from its intraday bottom. Market breadth remained firmly positive, supported by an advance-decline ratio of 2:1, while India VIX cooled by around 3%, indicating easing volatility. Broader markets outperformed the benchmarks, with smallcaps leading the charge amid choppy trading conditions. Sectorally, metals emerged as the top performers, gaining over 1%, while IT and realty stocks also saw buying interest. On the flip side, auto and oil & gas stocks remained under pressure. Globally, S&P 500 and Nasdaq futures held steady after recent record highs, while European markets advanced as UK GDP data for February came in above estimates. Meanwhile, Brent crude edged higher to around $96 per barrel, and geopolitical tensions persisted after Iran warned it could take US troops hostage if the Hormuz blockade continues. Among Nifty 50 stocks, Hindalco, Trent, and Adani Ports were the top gainers, whereas ONGC, Apollo Hospitals, and HDFC Bank featured among the key losers.

Sensex settles 750 pts lower from day's high, Nifty ends below 24,200: Five key reasons behind markets erasing gains

Sensex, Nifty declined as investors locked in gains following the sharp rise in early trade, leading to a pullback in both indices.

Hope of US-Iran talks powers global mkts| Nasdaq, S&P 500 hit fresh highs | Oil stable around $94

Global markets are showing signs of optimism as geopolitical tensions appear to ease. Donald Trump stated that a potential war with Iran is “close to over,” raising hopes of a diplomatic resolution between the two nations. This sentiment has lifted Asian markets in early trade. In the US, equity markets remain strong, with the Nasdaq Composite and S&P 500 hitting fresh all-time highs, reflecting sustained investor confidence. On the macro front, US import prices rose 0.8% in March, coming in well below expectations of a 2.4% increase, suggesting easing inflationary pressures. Meanwhile, the US 10-year Treasury yield and the dollar remained range-bound, with the US Dollar Index hovering around 98. Commodities showed mixed trends. Gold prices softened, drifting lower to around $4,796 per ounce, while crude oil prices stabilized, with Brent Crude near $94 per barrel and WTI Crude around $91. Back home, the GIFT Nifty signals a positive start for Indian equity markets, tracking the upbeat global cues. Stay tuned for all the latest market cues, global developments, and what it means for Indian markets.

Daily Voice: Will oil prices stay above $80 a barrel even if tensions in Middle East ease quickly? Harsh Gahlaut answers

Meaningful correction in oil prices would still take time, given the lag in restoring supply chains and rebuilding inventories, said Harsh Gahlaut.

First Tick: Top global cues to watch in today’s trade

Foreign Institutional Investors (FIIs) emerged as net buyers on April 15, purchasing equities worth ₹666 crore, while Domestic Institutional Investors (DIIs) turned net sellers, offloading equities worth ₹568 crore.

Closing Bell: Market fails to hold gains, end lower amid late selling

Biggest Nifty losers were HDFC Bank, ONGC, HDFC Life, Titan Company, Apollo Hospitals, while gainers included Hindalco Industries, Trent, Adani Enterprises, Adani Ports and Eternal. Among sectors, IT, capital goods and metal indices gained 1% each, while auto, bank, oil & gas ended lower. The Nifty midcap index rose 0.6 percent and smallcap index added nearly 1 percent.

Trading Plan: Will Nifty 50 surpass 24,300, Bank Nifty climb toward 57,000 on hopes of Iran conflict de-escalation?

As long as the Nifty 50 holds 24,200, the rally toward the 24,300–24,500 zone cannot be ruled out; however, support is placed at 24,050–24,000.

Trade Setup for April 16: Top 15 things to know before the opening bell amid US–Iran deal optimism

Sustainability above the 50-day EMA is the key factor to watch going forward, as holding above this level could open the door for a move towards the 24,400–24,500 range. However, if the index falls below this level, the 24,100–24,000 zone can act as immediate support.

Technical View: Nifty likely to maintain uptrend towards 24,500 if it holds above 50-DEMA; 200-DEMA key for further Bank Nifty rally amid US–Iran talks optimism

After forming a series of lower tops and bottoms on the daily chart last month, the Nifty now appears to have formed a new higher bottom at 23,555 levels on Monday. This market action indicates a significant reversal of trend on the upside, experts said.

Taking Stock: Nifty ends above 24,200, Sensex up 1,264 points; all sectors rally

Interglobe Aviation, Max Healthcare, Power Grid Corp, Wipro, Eternal were among biggest gainers on the Nifty, while losers were Dr Reddy's Laboratories, Bharti Airtel, ICICI Bank.

Stock Market Rally! | 2nd round of US-Iran peace talks sparks D-St, India VIX eases | Closing Bell

Markets ended strong with the Sensex surging over 1,200 points and Nifty jumping nearly 400 points, driven by fresh optimism around US-Iran peace talks. All sectors closed in the green, mid and smallcaps gained sharply, and volatility eased significantly. What’s driving this rally—and can it continue? Watch the full Closing Bell analysis.

Sensex falls 300 pts from day's high, but still up 1.5%: Key reasons behind markets trimming gains

Sensex, Nifty pared some gains as investors booked profits at higher levels.

Sensex settles 1,250 pts higher, Nifty ends above 24,200: Hopes for renewed US-Iran talks among key factors behind market surge

Investors' wealth surged by Rs 9.41 lakh crore as benchmark indices rebounded sharply.

Oil falls to $92 | Reports indicate Officials may meet in Islamabad | Nifty set for positive start

Markets are set for a firm opening as optimism builds around a potential breakthrough in US–Iran talks. Donald Trump indicated a second round of negotiations could happen within the next two days, while US Vice President JD Vance highlighted progress, noting Iran’s willingness to reach an agreement despite lingering mistrust. Sentiment got an additional boost after direct talks between Lebanon and Israel envoys in Washington, raising hopes of easing geopolitical tensions in the Middle East. Global markets reflect the improving risk appetite—Asian equities opened higher, tracking overnight gains on Wall Street where the S&P 500 edged closer to record highs. However, US futures remain slightly subdued with Dow futures marginally in the red. On the macro front, softer US bond yields and a lower-than-expected rise in producer inflation have supported equities. Commodity trends remain mixed, with crude prices easing while gold edges higher on a weaker dollar. Back home, GIFT Nifty is indicating a sharp gap-up start, pointing to strong momentum for domestic equities at the open.

First Tick: Top global cues to watch in today’s trade

Oil prices fell for a second day on Wednesday, while gold held a gain on optimism that the US and Iran are seeking a negotiated settlement to the war.

Closing Bell: Nifty crosses 24,200, Sensex surges 1,264 pts on renewed hopes of US-Iran peace talks

Interglobe Aviation, Max Healthcare, Power Grid Corp, Wipro, Eternal were among biggest gainers on the Nifty, while losers were Dr Reddy's Laboratories, Bharti Airtel, ICICI Bank. All the sectoral indices ended in the green with Capital Goods, Oil & Gas, Power, Infra, Media, Realty, Consumer Durables, IT rise 2% each. Nifty Midcap and Smallcap indices up more than 2 percent each.

Chartist Talk: Charts signal that Nifty 50 can decisively surpass 50-day EMA this month, says Octanom's Rahul Ghose

Reclaiming the medium and long-term moving averages meaningfully would require a sustained close above 57,000 for the Bank Nifty, said Rahul Ghose of Octanom Tech and Hedged.

Daily Voice: Firms may find it difficult to give confident FY27 earnings guidance, says LIC MF's Dikshit Mittal

Outlook - RBI's FY27 GDP growth estimates at 6.9% - carries downside risks should the West Asia conflict remain unresolved, as prolonged tensions could disrupt supply chains and adversely impact capital flows, said LIC MF's Dikshit Mittal.

Trading Plan: Can hopes of US–Iran peace talks lift Nifty 50 to 24,200 and Bank Nifty above 56,000?

If the Nifty 50 rebounds, it may face immediate resistance at 24,000–24,200. Above this, 24,400–24,500 are the levels to watch. However, 23,700–23,500 is the key support zone.

Trade Setup for April 15: Top 15 things to know before the opening bell as hopes rise for a resumption of US-Iran peace talks

If the Nifty 50 bounces back, the 24,000–24,100 zone is expected to act as a crucial hurdle for an upmove towards 24,200–24,300. On the downside, support is placed at 23,500, according to experts.

Nifty likely to reclaim 24k on Wednesday on renewed hopes for US-Iran peace talks; here's what analysts say

Investor sentiment improved after indications that the US and Iran may continue negotiations.