Nifty and Nifty Bank index have risen back from their crucial support. We need to get a strong follow-through rise from here to reduce the danger of breaking below this crucial support. The next few weeks are going to be very important for the Indian stock markets. That may have the potential to determine the trend for the rest of the year. So, the price action in the coming weeks will need a very close watch.
Nifty has to rise from here and go above 23,850 in the coming weeks in order to get some relief.
Nifty Bank index on the other hand will have to rise above 54,000 to bring back the bullishness. BL Portfolio: https://www.thehindubusinessline.com/portfolio/
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Published on April 4, 2026