Sensex Prediction For Tomorrow, March 25: The Sensex index closed sharply higher at 74,068.45, gaining 1,372 points (+1.89 per cent)on Tuesday, March 24, as markets witnessed a strong rebound driven by robust buying interest.
Sensex opened with a gap-up of around 450 points, reflecting positive sentiment at the start. However, it faced early resistance at higher levels, leading to some intraday volatility. The benchmark later slipped to an intraday low of 73,084.46, where it found firm support and staged a solid recovery, eventually closing near the day’s highs.
Market sentiment improved notably in the latter half of the session, with broad-based buying across key sectors, indicating renewed confidence and short-covering following the recent phase of weakness.
Sensex Top Gainers, Losers
From the 30-Sensex firms, Larsen & Toubro, InterGlobe Aviation (IndiGo), Eternal, Asian Paints, Bajaj Finance and UltraTech Cement were the biggest winners. Power Grid and State Bank of India were the only laggards from the pack.
Sensex Prediction For Wednesday
Hitesh Tailor, Technical Research Analyst at Choice Equity Broking, said that from a technical perspective, the index has delivered a strong rebound from lower levels, highlighting active demand near support zones and signaling the possibility of a short-term base formation, provided follow-through buying continues in subsequent sessions.
On the technical front, Sensex continues to trade near key lower levels, reflecting a cautious undertone with limited upside visibility in the near term.
The 73,500–73,600 band acts as an immediate demand zone where dip-buying interest may emerge on any pullback, while the 74,500–74,600 range stands as the immediate resistance hurdle, where upside is likely to face supply pressure and profit booking.
With a strong recovery following recent weakness, the near-term outlook turns cautiously positive. However, the sustainability of the rally will depend on the index holding above key support levels and witnessing consistent follow-through buying on the upside to reinforce upward momentum.
