Stock Market Outlook (March 17-21, 2025):
- Sensex & Nifty Weekly Recap:
- Despite a tough week, both indices showed signs of recovery, making higher highs and higher lows after 5 weeks.
- Sensex Movement:
- Traded in a 1,143-point range (74,741 to 73,598), closing at 73,829, down 0.7%.
- Nifty Performance:
- Hit a 22,677 high and 22,315 low, ending at 22,397, down 0.7%, reversing its 5-week downtrend.
- Top Movers:
- Biggest Losers: IndusInd Bank (-28%), Wipro (-7.3%), Infosys (-6.3%).
- Top Gainers: Sun Pharma (+4.5%), ICICI Bank, Kotak Mahindra, ITC, Power Grid (+2-3%).
- Tech Outlook for the Week:
- Sensex: Support at 73,100, 72,900; Resistance at 74,550, 75,335. A break above 74,550 could trigger a rally to 76,300.
- Nifty: Support at 22,100, 21,950; Resistance at 22,587, 22,662. A breakout above 22,662 could lead to a rise towards 23,050.
Stay tuned for key levels to watch this week! 📈
