Morning Market Insight Report – 6 Apr 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty lost 3.48%, with PSU and Private Banks losing 2.63% and 4.10% respectively.

We expect intraday range could be 32,165 to 33,179 with sideways momentum & broader range could be expected between 31,853 to 33,487 zone for this week.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty closed in red, weighed by the fears of COVID-19 situation across the country.

We expect intraday range could be 14,376-14,888 with sideways momentum while broader range could be 14,229 to 15,041.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

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