Market Update: Sensex, Nifty 50 Likely to See Positive

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Yesterday’s Close (March 24)
Nifty 50 settled at 22,912.40, up 1.78% or 399.75 points, while Sensex closed at 74,068.45, gaining 1.89% or 1,372 points.
Nifty Bank outperformed, rising 2.27% to 52,605.65.
India VIX fell 7.44% to 24.74, signaling reduced fear.
Key Drivers
Markets rallied on US President Trump’s five-day delay in strikes on Iran, easing oil price fears and geopolitical risks.
Heavy FPI outflows continued, over $11 billion in March, but domestic buying supported the bounce.
Broader indices like Nifty Midcap 150 gained 2.50%, with all sectors green.
Outlook
GIFT Nifty indicates a flat-to-weak open at around 22,788-22,913, down 0.15-0.61% pre-market.
Resistance at 23,000-23,100; support at 22,600-22,700 amid high oil and global cues.
Stocks to watch: HDFC Bank, Kotak Mahindra (upgraded), Asian Paints (price hike

GIFT Nifty, the key pre-market indicator for Nifty 50 and Sensex, is trading around 22,830-22,886 early today, down 0.15-0.43% from yesterday’s Nifty close of 22,912.[1][2][3][4]

This suggests a flat-to-weak opening when NSE/BSE markets open at 9:15 AM IST, after the pre-open session from 9:00-9:15 AM.[5][6]

Key Levels

  • Nifty support: 22,750-22,800; resistance: 23,050-23,100.[7][8]
  • Sensex range: 73,500-74,600.[8]
  • Day range so far (GIFT): Low 22,606, high 23,157.[4][1]

Influences

Geopolitical relief from US-Iran tensions supports sentiment, but high oil prices and FPI selling cap gains.[9][7]

Bank Nifty outlook: Sideways 51,100-51,800, with support at 53,700.[8]

Volatility persists; watch global cues like US futures and Brent crude.[9]

Sources
[1] GIFT Nifty Live: GIFT (SGX) Nifty Index Today https://www.5paisa.com/share-market-today/gift-nifty
[2] GIFT Nifty Live Today (SGX Nifty) https://www.equitypandit.com/giftnifty/
[3] Gift Nifty Live: Latest SGX Nifty Market Updates – Groww https://groww.in/indices/global-indices/sgx-nifty
[4] GIFT NIFTY Index Today | SGX Nifty Live Today https://www.moneycontrol.com/live-index/gift-nifty?symbol=in%3Bgsx
[5] Live NSE Pre Open Market Session https://www.5paisa.com/nse-pre-open-market
[6] NSE Holidays 2026 – List of NSE Trading Market Holidays in India https://groww.in/p/nse-holidays
[7] Stock Market Outlook Today, 25 March 2026: Sensex, Nifty May … https://www.goodreturns.in/news/stock-market-outlook-today-25-march-2026-sensex-nifty-may-trade-firm-with-positive-bias-after-rally-1498249.html
[8] Market Prediction Today (25th March 2026) https://choiceindia.com/blog/market-prediction-today
[9] What To Expect From the Stock Market Tomorrow https://www.5paisa.com/blog/sensex-nifty-stock-market-live-updates-march-25-2026
[10] Gift Nifty – Live SGX Nifty 50 futures Index Price Today https://www.angelone.in/indices/gift-nifty
[11] Gift Nifty 50 Jul 25 Futures Technical Analysis – Investing.com India https://in.investing.com/indices/gift-nifty-50-c1-futures-technical
[12] NSE Pre Open Market: Live NSE Pre Open Market Session | 5paisa https://www.5paisa.com/bengali/nse-pre-open-market
[13] GIFT NIFTY Live Today (SGX Nifty) | Index Updates https://zerodha.com/market/giftnifty/
[14] Track GIFT (SGX) Nifty Index Chart & Futures Today https://www.kotakneo.com/indices/global-indices/gift-nifty/
[15] Pre-Market Update: Sensex, Nifty 50 Likely to See Positive … https://insights.dsij.in/dsijarticledetail/pre-market-update-sensex-nifty-50-likely-to-see-positive-open-on-wednesday-following-global-cues-id003-55934

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