Morning Market Insight Report – 5 Apr 2021

Bank Nifty Intraday Outlook

In Thursday’s trading session, Bank Nifty gained 1.66%, with PSU and Private Banks gaining 2.63% and 1.85% respectively.

We expect intraday range could be 33,449 to 34,358 with sideways momentum & broader range could be expected between 33,037 to 34,661 zone for this week.

Nifty Intraday Outlook

In Thursday’s trading session, Nifty rallied and closed in green, supported by the positive global cues.

We expect intraday range could be 14,666-15,118 with sideways momentum while broader range could be 14,459 to 15,271.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

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