Stock Market Prediction: Indian equity markets concluded the week on a subdued note, with benchmark indices witnessing notable selling pressure across key sectors. The Nifty 50 declined 1.54%, shedding 392 points to settle at 25,178.65, while the BSE Sensex fell 1.84%, losing 1,527 points to close at 81,287 — reflecting a broad-based risk-off sentiment among market participants.
Two primary factors weighed on investor sentiment during the week. Geopolitical tensions between the U.S. and Iran continued to unsettle global markets, prompting cautious positioning.
Additionally, Anthropic's latest AI plugin releases triggered a sharp selloff in the domestic IT sector, as investors reassessed the competitive landscape and near-term earnings outlook for technology companies.
On the sectoral front, Nifty Realty and IT emerged as the biggest casualties, tumbling 4.90% and 4.40% respectively. Conversely, Metal, Healthcare, and Pharma buckets provided relative comfort, advancing nearly 2.09%, 2.13%, and 2.23% respectively.
FIIs Extend Selling Streak
From a flows perspective, FIIs extended their selling streak for the third consecutive week, offloading equities worth Rs. 4,630 crore.
However, DIIs stepped in strongly as a counter-balancing force, purchasing equities worth Rs. 24,312 crore — a testament to resilient domestic participation and confidence in India's long-term growth story.
Ravi Singh, Chief Research Officer from Master Capital Services, said that Nifty 50 ended the week on a shaky note, slumping 1.54% this week after a sharp Friday sell-off.
Nifty Prediction
Technically, Nifty index has breached its critical 25,300 support and the 200-day EMA, signaling a bearish shift in short-term momentum. For the coming week, the 25000 psychological mark stands as the make-or-break level and a breakdown here could drag prices toward the 24800 area. On the upside, 25350 and 25600 now act as stiff hurdles.
"Strategy remains sell on rises until the index decisively reclaims 25600. Expect continued volatility as the market searches for a stable bottom," he said.
Bank Nifty Prediction
On Bank Nifty, he said that the index faced intense selling pressure closing the week down by 1.08%, crashing 1.08%.
The index has violated its 21-day EMA (60614) and is currently testing a crucial rising trendline support. The RSI (14) has dipped toward 50, indicating a loss in bullish momentum, while the MACD has flashed a fresh bearish crossover below its signal line.
"For the upcoming week, the 60000 psychological mark serves as an important support level and a decisive breakdown could drag the index toward the 59500 support zone. On the upside, 61000 and 61500 act as immediate supply zones. Strategy remains sell on rise until the index decisively reclaims the 61000 level," the expert said.
