Nifty 50, Sensex today: Stock market forecast for April 25

Introduction

The Indian stock market is expected to open strongly on Friday, 25 April 2025 due to positive global cues. Domestic markets are also expected to rise after the rise in US stock markets on Wednesday and the positive performance of Asian markets.

Gift Nifty is trading at around 24,529 level, which is about 156 points above the previous close of Nifty Futures. This is anticipating a gap-up opening in the market. However, the market declined on Thursday due to profit booking, which was the day of monthly expiry of derivatives.

In this article we know what moves can be seen in Nifty 50 and Sensex in today’s session, what the technical indicators are telling and which levels should investors keep an eye on.

Positive signals from global markets

The spectacular rally in technology stocks in the US markets, especially the strength in NASDAQ, has triggered a wave of bullishness in Asian markets as well. Japan’s Nikkei and Hong Kong’s Hang Seng have opened in the green.

With these global signals, the Indian market is also expected to get a strong start. The share of foreign investors is also seen increasing, which can further strengthen the positive sentiment. Stock market

Thursday’s fall: Profit booking or trend reversal?

On Thursday, the market broke its seven-day rally and the Nifty 50 fell 82 points. The fall was mainly due to profit booking as it was the day of monthly expiry of derivative contracts.

Technical View:

According to Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities:

“A small negative candle has appeared on the daily chart with a slight upward shadow. This confirms the ongoing consolidation in the market. As long as the market remains above 24,000, the trend will remain positive.”

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Nifty OI data: What are the signals saying?

Derivative data plays an important role in understanding the market direction. Dhupesh Dhameja, Derivative Research Analyst, SAMCO Securities explains:

• Open interest (25.22 lakh contracts) at 24,500 strike indicates a major resistance zone.
• Put writing (29.90 lakh contracts) at 24,000 strike indicates strong support.

This clearly shows that the market is currently stuck in the range of 24,000 to 24,500. Stock market

Put-Call Ratio and Max Pain

• PCR has come down to 0.93 (earlier it was 1.04), which indicates that there is some uncertainty in the market.
• Max Pain is located at 24,100, which means that most option traders are expecting the market to remain stable at this level.
  

Sensex’s movement: In step with Nifty

Sensex also closed down by 240 points on Thursday, but today’s indications are predicting a rise for it too. Banking, finance and IT stocks can see a good move. It will be useful to keep an eye on large-cap stocks like HDFC Bank, ICICI Bank, Infosys.

Key Levels to Watch for Nifty 50

Market participants should be prepared for potential volatility, especially from global news or economic data.

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Sensex outlook: In sync with Nifty

Sensex can also start positively like Nifty, but here too there can be resistance at psychological levels. The role of banking, IT and auto sector stocks will be important. Stock market

Strategy for traders and investors

• Short-term traders: Be cautious near 24,500; it would be right to book profits.
• Swing traders: If Nifty goes above 24,500, then you can plan for long positions.
• Investors: Focus on good-quality, large-cap stocks and sector-specific themes like financials.
  

Conclusion
The Indian stock market may open in the green today on strong global cues and positive support in derivative data. However, there may be selling pressure at higher levels, which makes range-bound trading more likely. At this time, it is very important for traders to adopt a strategy keeping in mind the key levels.