NIFTY 50 Reclaims Momentum with 285-Point Surge on 8 April, Ends Volatile Day Strong
Table of Contents
After Monday’s sharp sell-off, the NIFTY 50 delivered a solid comeback on 8 April 2025, ending the session up +285.15 points or +1.29% at 22,446.75. The surge was supported by positive global cues, strong GIFT Nifty signals, and short-covering in key heavyweight stocks.
- Open: 22,446.75
- Day’s High: 22,446.75
- Day’s Low: 22,446.75
- Previous Close: 22,161.60
- 52-Week High: 26,277.35
- 52-Week Low: 21,281.45
Market Drivers
- GIFT Nifty Surge: Futures climbed 336 points, pointing to a positive open.
- Global Market Rally: Asian markets including Nikkei (+5.64%), Hang Seng (+2.05%), and ASX 200 (+1.47%) boosted risk appetite.
- US & European Sentiment: Neutral to positive, adding global support.
- Sectoral Rebound: Banking, IT, and auto led the charge after Monday’s panic selling.
Sector Highlights
- IT Stocks: Saw strong buying after global tech stocks stabilized.
- Banks: Recovered as bond yields softened and institutional buying resumed.
- Auto & Infra: Rallied on hopes of steady policy support and global demand revival.
- Midcaps & Smallcaps: Participated in the rally but with slightly less intensity.
Market Trend & Technical Outlook
- Support Zone: 22,200 / 22,050
- Resistance Zone: 22,600 / 22,750
- Volatility Outlook: High but shifting from panic to consolidation
- VIX: Expected to cool after yesterday’s spike
Expert View
“Nifty’s sharp rebound confirms a sentiment shift driven by global relief. However, sustainability above 22,600 will define trend reversal,” said Rohit Ahuja, Chief Technical Strategist at EquityPath.
“We suggest watching for volume confirmation and strength in large caps to support continued upside.”
The NIFTY 50’s strong finish at 22,446.75 reflects a decisive recovery after Monday’s deep cuts. A combination of global equity strength, pre-open GIFT Nifty signals, and broad-based buying pushed the benchmark into positive territory. Investors should stay cautious near resistance zones, but sentiment has clearly turned more constructive.
The Hindustan Herald Is Your Source For The Latest In Business, Entertainment, Lifestyle, Breaking News, And Other News. Please Follow Us On Facebook, Instagram, Twitter, And LinkedIn To Receive Instantaneous Updates. Also Don’t Forget To Subscribe Our Telegram Channel @hindustanherald
