Today market prediction-30 March 2021
Market Today Live: Today’s Nifty & Bank Nifty Prediction at 11.25 am IST
Today’s Nifty futures Prediction
If the Nifty futures share price Moves Above 14868 and sustain. Then you should Buy with 1st Target of 14897 during the day with a Stop Loss of 14765 FOR the Target of 14897-14916- 14942
If the Nifty futures share price Moves Below 14765 and sustain. Then you should Sell with the 1st Target of 14692 during the day with a Stop Loss of 14865. FOR the Target of 14692- 14650 -14608
Today’s Bank Nifty futures Prediction
Suppose Bank nifty share price in futures Moves Above 34210 and sustain, then you should Buy with the 1st Target of 34400 during the day with a Stop Loss of 33980. FOR the Target of 34400 – 34550 – 34630
If Bank nifty share price in the futures Moves Below 33980 and sustained, then you should Sell with the 1st Target of 33850 during the day with a Stop Loss of 34210. FOR the Target of 33850 – 33700 – 33585
Markets are trading strong as per today’s morning prediction
It was a strong opening for the Indian stock market today as per the prediction done in the morning. Nifty opened at 14628.50 levels, up by 121.2 from Friday’s close while Sensex opened at 49,331.68 levels made a gap-up opening of 323. 18 points. The Bank Nifty on the spot price made a strong opening at 33615.90 levels, up by 297.7 points.
At 9.50 am IST, Sensex and Nifty are trading higher by 1.38 percent and 1.43 percent respectively while Bank Nifty is trading 1.36 percent up.
JSW Steel, Titan Company, and Tata Steel are trading as the top gainers in the Nifty50 index whereas M&M and Bharti are trading as the top losers. The most active stocks in the Nifty50 index at this moment are Tata Steel, Reliance, and Tata Motors.
On a sectoral front, barring the Hospitality sector, all major sectors are trading in the green today. The sectors that are helping the markets to trade higher are Metals, FMCG, Healthcare, and Banking.
Today’s market prediction- Indian stock market may open strong today
Good morning and welcome to today market prediction report, 30 March at 7.55 am IST
Asian markets are trading mixed on Tuesday. Nikkei is trading lower by 0.08 percent whereas Shanghai and Hang Seng are trading higher by 0.19 percent and 0.51 percent respectively. SGX Nifty is trading 35 points higher at 14785 levels. Today’s Indian stock market prediction is positive. Domestic markets may open strong today.
The US market closed mixed on Monday. Dow closed 0.30 percent higher, hitting a new record and extending gains from its Friday’s close after a rush in broad-based buying in the last minutes of trading on Monday. S&P 500 and Nasdaq closed lower by 0.09 percent and 0.60 percent respectively on Monday.
The European markets closed mostly in the green on Monday. The European market index CAC and DX closed higher by 0.45 percent and 0.47 percent respectively while FTSE closed marginally lower by 0.07 percent, end a choppy session on Monday.
Indian stock market gained more than 1 percent amid positive global cues on Friday 26 March. FIIs were the seller and DIIs were the buyers in the cash market segment on Friday. FIIs sold Rs 50.13 crores and DIIs bought Rs 1703.14 crores in the cash market.on Friday.
News that may impact the Indian stock market and its prediction today
As per the RBI report, India’s foreign exchange reserve rose by $233 million to $582.271 billion in the week ended 19 March. The overall reserves had risen $1.74 billion to $582.04 billion in the previous week.
RBI is going to announce its first Monetary policy outcome for FY21-22 on 7th April 2021. Amid a surge in coronavirus infection and uncertainties about its restrictions and impact, RBI may maintain the status quo in its next policy as per experts’ view.
You can visit this page again to read more about today’s stock market prediction and updates after the market gets open.
You may also like to read, How to trade Nifty & Bank Nifty next week [ 30 Mar-1April ]
Weekly market updates- Top NSE gainers and losers
Happy Investing!!
Editor’s Desk
