Stock market today: Day trading guide for Nifty 50 to Sensex, nine stocks to buy or sell today — 1st April

livemint.com:

Stock market today: On the last trade session in FY24, the Indian stock market witnessed a decisive intraday upside breakout. The Nifty 50 index went up 203 points and ended at the 22,326 level, the BSE Sensex shot up 655 points and finished at the 73,651 mark whereas the Bank Nifty index surged 338 points and closed at the 47,124 level. In the broad market, the small-cap index gained 0.33 percent while the mid-cap index scaled 0.62 percent north on the last trade session of FY24.

"Domestic equities ended the FY24 on a bullish tone with Nifty up 28.6% while the broader market gained 60%-70%. Nifty strengthened throughout the session to close with gains of 203 points (+0.9%) at 22327 levels. All sectors ended in the green.

Markets on Monday will react to global cues as the US will announce Q4 GDP and core PCE price data. Also, US Fed Chair Powell’s speech which is scheduled on Friday will be important from an interest rate perspective," said Siddhartha Khemka, Head of Retail Research at Motilal Oswal. On the outlook for the Nifty 50 today, Sameet Chavan, Chief Analyst-Technical & Derivatives at Angel One said, "On the daily chart, prices remained within a defined range, concluding near the upper boundary as we approach the significant day of monthly expiry, coinciding with the Financial year-end.