D-Street Areed: Domestic stock benchmarks Sensex and Nifty 50 have extended their eight-game winning streak for the first time in two years. The frontline index has hit 2% each to record the largest weekly market slump in the last two months.
30 shares BSE benchmark Sensex fell by 199.76 points, falling nearly 0.26% to settle to 75,939.21. During the day, it reduced its 699.33 points or 0.91 percent to 75,439.64. The NSE Nifty 50 index fell 102.15 points (0.44%) to settle to 22,929.25 on Friday. The Indian VIX volatility index, cooled from 15.68, settled 0.40% higher at 15.02.
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Indian stock market performance last week
Investors are worried about the impact of US President Donald Trump’s plan, which analysts say is the most likely to hurt among their Asian peers. On the weekly front, BSE’s pioneer gauge plummeted 1,920.98 points or 2.46%, while NIFTY reduced it by 630.7 points or 2.67% in 2025.
Among the BSE Sector Index, services are 3.16%, Industry (3.03%), Capital Goods (2.76%), Electricity (2.65%), Utilities (2.52%), Consumer Durable Goods (2.39%), Goods (2.25% and real estate (2.03%). BSE focused on its emergence as the sole acquirer.
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Over the eight days leading up to Friday, the BSE benchmark fell 2,644.6 points or 3.36%, while Nifty fell to 810 points or 3.41%. The BSE SmallCap gauge tanked by 3.24% and the MidCap index fell by 2.59%. Investor wealth has been eroded £Rs 25.31 crore in the eight days of the market crash.
Tracking very weak trends reduced the market capitalization of companies registered on BSE £25,31,579.11 £4,19,247 crores ($4.61 trillion) over 8 days. The Small-Cap index is confirming bear territory, down 21.6% from its record high on December 11th. The midcap is 18.4% below the peak closure level on September 24, 2024.
Donald Trump plans to impose mutual tariffs on all countries that tax US imports. The imposition of these obligations is likely to be delayed, and it will help global stocks set the stage for relief rally. Analysts said the potential consequences of US tariffs on Indian rupee and US interest rates could lead to foreign outflows and hurt domestic stocks.
Vinod Nair, director of research at Geojit Financial Services, said:
“External factors like calm revenue trends, INR depreciation and tariffs could push further outflows as they are expected to keep emotions weak in the short term. Variations are: tariffs and corporate revenues It is expected to continue to rise until the recovery is clear. “We have added Nare.
Watch the technical levels of Sensex, Nifty, and Bank Nifty
Technically, Sensex and Nifty 50 formed long bearish candles on their weekly charts, retaining a lower top formation, supporting even more weaknesses from current levels. “We believe the textures in the current market are weak. If we break the support zone of 22,800/75,200, we could slip to 22,600-22,500/74,600-74,300.
Also read: The Nifty 50 is down 13% from record highs. Five signs showing rocky road ahead
Meanwhile, 23,000/76,500 is an important level to be aware of. “We are committed to providing a wide range of technical research services,” said Amol Athawale, VP technology researcher at Kotak Securities.
The Nifty 50 is trading near a three-week low, with all major sectors ending in negative territory. The index shows signs and trades of weakness below the 21- and 55-day moving averages. The MACD indicator turns negative, and the MACD line crosses beneath the signal line, suggesting a bearish trend.
“Primary support is located at 22,800-22750. Puneet Singhania, Director of Master Trust Group, said: The index continues to be caught up under the bear attack and is now at this level. It’s below 23,000 after spending more days.
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Technically, multiple retests at January lows at 22,800 have weakened importance and increased the potential for a downside. “The next major support level is currently in the range of 22,100-22,500. If rebound occurs, the first major hurdle is the 20-day exponential moving average (DEMA) of 23,350, with resistance continuing at 23,600 .
Technically, “Nifty has shown strong support by forming around 22,780 triple bottoms on a daily scale. However, the red candles on the daily and weekly charts have a lack of strength in upside down recovery. Shows it” ASIT C. Mehta Investment Intermediates Ltd.
“The 21-day Simple Moving Average (DSMA) is about 23,260, and the 23,260-23,300 zones are an immediate hurdle. A critical move above 23,300 can be seen in a short-term bottom reversal pattern,” Yedve said. added.
The indices remain weak despite the fact that they managed to drop 155 points as they continue to fall below the important short-term moving average. “The decisive decline from 22,800 could lead to more panic in the market. Rupak De, senior technical analyst at LKP Securities, said:
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Bank Nifty opened with a gap-up, experienced volatility-driven profit booking, and resolved the day with 49,099 negative notes. Technically, it forms red candles on its daily and weekly charts, indicating weakness. “But it managed to hold a weekly support level of 48,700. Keeping below 48,700 can cause a downside to 48,000, but 50,000 is a key resistance,” Yedve said. It states.
Banknifty fell 2.11%, forming a negative candle on its weekly chart. Prices are below the 21- and 55-day EMA, indicating weakness. The strong resistance is 49,650. A breakout above this level could push it up to 50,200. “On the downside, this week’s support is 48,700, and if it breaks below that, sales pressure could increase towards 48,000,” Sinhania said.
Next week’s D-Street Trading Strategy
Among the general pessimism, the relative strength of two important sectors (banking and IT) melted the broader decline. Traders should closely monitor their performance for signs of a potential directional shift. “In spite of excessive conditions, we maintain a careful outlook on the broader indicators and give advice on average bottom fishing and losing position,” Ajit Mishra said. .
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According to Singhania of Master Trust Group, the Nifty 50’s index is below 23,350 horizontal support. This can act as a strong resistance level. The sales approach is recommended unless it exceeds 23,350.
In the case of bank Nifty, the overall market tone appears bearish, suggesting an approach during replies until a clear breakout occurs. Traders need to closely monitor support and resistance levels for further market direction,” Sinhania said.
Volatility is unpleasant, but essential for healthy economic outcomes. Market returns are cyclical and navigate these cycles – taking advantage of the economic decline and rise – is important. Experts say accurate bottom timing is almost impossible.
“While short-term headwinds last, history suggests that uncertainty often breeds the best long-term opportunities. Krishna Apala of Capitalmind Research’s Sr. Research Analyst said: It is stated in.
Disclaimer: The views and recommendations provided in this analysis are those of the individual analyst or brokerage company, not mint. As market conditions change rapidly and individual situations may differ, consult investors with accredited experts, consider individual risk tolerances, and conduct thorough research before making investment decisions. We highly recommend that you do so.