Nifty 50 Set for Positive Open on April 28 as Global Sentiment Supports Bulls
With GIFT Nifty futures trading over 100 points higher, Nifty 50 is expected to open strong on April 28. Here's the full forecast.
Key Highlights:
Nifty 50 Prediction Today: 28 April Eyes 24,250 as Bulls Gain Momentum
India’s benchmark Nifty 50 index is expected to open on a strong note on Monday, April 28, 2025, supported by positive global sentiment and a strong showing in GIFT Nifty futures, which were trading over +108 points higher at 24,196.5 in early morning trade.
Traders are anticipating a gap-up start, with the index likely to open between 24,150 and 24,250, tracking upbeat cues from Wall Street and stable trends across Asia-Pacific markets.
Global Markets Fuel Positive Outlook
- The Nasdaq Composite surged 1.26% on Friday, lifting global tech sentiment
- Asian markets opened higher — including Nikkei, KOSPI, and ASX 200
- While Dow Jones futures dipped -117 points, broader tone remains optimistic
The global equity rally and stable commodity environment provide a supportive backdrop for Indian equities at the start of the week.
Nifty 50 Intraday Outlook for April 28
- Opening Range Forecast: 24,150 – 24,250
- Intraday Resistance Levels: 24,250 / 24,320
- Support Levels: 24,050 / 23,980
- Expected Trend: Bullish bias with potential for a breakout if sustained above 24,200
Top Sectors to Watch
- Banking & Financials: HDFC Bank, SBI, ICICI Bank likely to lead gains
- IT Sector: Infosys and TCS may track Nasdaq’s tech rally
- Automobile: Maruti, M&M, Hero MotoCorp in focus ahead of monthly numbers
- Energy: Reliance Industries expected to react positively to steady crude
Key Stocks in Focus
- Reliance Industries – Post-result action and sector leadership
- Infosys, TCS – Benefiting from global tech momentum
- HDFC Bank, Kotak Bank – Likely to attract FII flows
- Maruti Suzuki, Tata Motors – Auto stocks may continue their uptrend
Who Will Be Affected
- Retail investors trading Nifty-based equities and options
- Derivatives traders watching index volatility for intraday setups
- Institutional investors adjusting sector weights
- ETF and index fund managers tracking passive exposure
What This Means for You
If you’re trading today, this could be a high-momentum session, particularly in large-cap and banking names. Short-term players should look for buy-on-dip opportunities, while investors may use early strength to accumulate quality stocks ahead of earnings-heavy weeks.
What Happens Next
Traders and analysts will closely monitor:
- Corporate earnings releases from major Nifty firms
- FII and DII flows
- USD/INR movement and crude oil prices
- Mid-week U.S. economic data and Fed guidance
The positive momentum may continue if early gains are supported by volumes and broader sector participation.
Stay updated with the latest from Hindustan Herald — your trusted source for
Politics, Business, Sports, Entertainment, Lifestyle, Breaking News, and More.
📲 Follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube
🔔 Join our Telegram channel @hindustanherald for real-time news alerts.
