Morning Market Insight Report – 12 Apr 2021

Bank Nifty Intraday Outlook

In Friday’s trading session, Bank Nifty lost 1.02%, with PSU Banks gaining 2.09% and Private Banks losing 0.92%.

We expect intraday range could be 31,973 to 32,898 with sideways momentum & broader range could be expected between 31,681 to 33,209 zone for this week.

Nifty Intraday Outlook

In Friday’s trading session, Nifty lost its 3-day winning streak and ended in red due to increasing record breaking numbers of corona cases.

We expect intraday range could be 14,628-15,034 with sideways momentum while broader range could be 14,477 to 15,183.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

Results Calendar

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