Morning Market Insight Report – 8 Apr 2021

Bank Nifty Intraday Outlook

In yesterday’s trading session, Bank Nifty gained 1.51%, with PSU and Private Banks losing 1.95% and 1.53% respectively.

We expect intraday range could be 32,538 to 33,441 with sideways momentum & broader range could be expected between 32,229 to 33,753 zone for this week.

Nifty Intraday Outlook

In yesterday’s trading session, Nifty traded volatile, after the announcement of RBI policy.

We expect intraday range could be 14,603-15,109 with sideways momentum while broader range could be 14,467 to 15,172.

Short and Long term moving averages

Daily market statistics

Major global & domestic economic events

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