Nifty today: poison nifty down 830 points; Here is the trade setup for today’s session

After a one-week consolidation phase, the Indian stock markets recorded a sharp downturn, whereby the benchmark indices left over 2.5%, mainly through weak global notes and renewed concerns about a trade war. This week is full of important domestic and global triggers. In view of the escalation of tariffs, global investors will follow all further developments on this front.

At home, the result of the MPC meeting on April 9 will be a main focus, followed by the most important macroeconomic indicators -IIP and CPI data -that were presented on April 11th. The campaign promotes the winning season in the fourth quarter with IT giant -tcs to announce its results on April 10th.

Markets
Gift Nifty (former SGX NIFTY) signals a gap-down start
Gift Nifty on the NSE IX acted with 22,130.50 points by 830.50 points or 3.62 percent. This signaled that the Dalal Street starts the start of GAP-Down on Monday.

• Technical view: The mood remains weak and a further decline compared to the current level could trigger additional market corrections. At the lower end, if Nifty falls under 22,900, it can move towards 22,676. At the top of the upper end, the resistance can be observed at 23,100. A movement over 23,100 would provide a clear signal for a strong upward trend.
• India Vix: India Vix, which is a measure of fear in the markets, rose by 1.14% and settled at 13.76 levels.

US shares -Futures tumble
The US stock futures opened very lower late Sunday on Sunday, which referred to a continuation of the two-day sale, which, according to the announcement of the Trump administration’s tariffs, extinguished trillions from equity values ​​last week.

Plunge the Asian markets
The Asian stock markets immersed them on Monday, since the fears of a global trade war Wall Street -Future dive and investors were able to reduce the increasing risk of recession in May.

• S&P 500 Futures fell at 9:41 a.m. Tokyo by 3.6%
• Hang Seng Futures remained unchanged
• Japan’s topix fell by 7.6%
• Australia’s S&P/ASX 200 fell by 6.1%
• Euro Stoxx 50 futures fell by 4.2%

Oil slides
Oil prices fell by more than 3% on Monday and deepened the losses of the past week, since the trade voltages between the United States and China aroused the fears of a recession that would reduce the demand for crude oil.

Gold falls
The gold prices continued to be turbulence on Monday and had reached their lowest levels for more than three weeks, since a wider market sale, which was triggered by the tariff measures by US President Donald Trump, was triggered to bullion retailers.

Shares in F&O Ban today

ZERO

The securities in the prohibition period as part of the F&O segment include companies in which security exceeded 95% of the market-wide position limit.

Fii/dii action
Foreign portfolio investors became 3,484 billion rupees on Friday. DIIS bought stocks worth 1720 rupees.

rupee
The rupie reacted all its profits and made 14 Paise lower around $ 85.44 compared to the US dollar in incessant foreign fun flows, which were triggered by worldwide sale due to concerns regarding escalating tariff war.

FII data
Fiis net rose on Thursday from 73,190 rupees to 86,592 billion rupees on Friday.