Morning Market Insight Report – 25 Mar 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty lost 2.61%, with PSU and Private Banks gaining 3.30% and 2.56% respectively.

We expect intraday range could be 32,789 to 33,639 with sideways momentum & broader range could be expected between 32,491 to 34,104 zone for this week.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty witnessed a steep fall ahead of lockdown fears in some parts of the country.

We expect intraday range could be 14,347-14,699 with sideways momentum while broader range could be 14,132to 14,951.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

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