Nifty Today Faces Cautious Start as Global Weakness Pulls GIFT Nifty Lower
Nifty may open below 24,100 on April 22 as GIFT Nifty drops 52 points and global indices trade weak after Wall Street rout.

Key Highlights:
Explosive Global Sell-Off Triggers Cautious Opening
Nifty today is likely to start lower on Tuesday, April 22, 2025, after GIFT Nifty futures slipped 0.22% in early trade, signaling global pressure on Indian equities. Traders are bracing for a cautious session as overnight losses in U.S. tech stocks and muted Asian trade dent investor sentiment.
GIFT Nifty Signals Soft Start Below 24,100
As of 06:37 IST, GIFT Nifty was trading at:
Metric | Value |
---|---|
Level | 24,098.0 |
Change | ▼ -52.0 pts |
% Move | ▼ -0.22% |
The dip in GIFT Nifty suggests Nifty 50 could open in the 24,000–24,050 zone, with a negative bias in early trade.
U.S. Sell-Off Weighs on Global Indices
U.S. Index | Close (Apr 21) | % Change |
---|---|---|
Dow Jones | 38,170.41 | ▼ -2.5% |
S&P 500 | 5,158.20 | ▼ -2.4% |
Nasdaq | 15,870.90 | ▼ -2.6% |
The sharp U.S. decline — led by tech and banks — has created a global risk-off mood, spilling into emerging markets.
Asia-Pacific Market Overview: Mixed Reaction
Index | Status (Early) | % Change |
---|---|---|
Nikkei 225 | 34,304.45 | ▲ +0.07% |
Kospi | 2,483.07 | ▼ -0.21% |
Taiex | 18,891.92 | ▼ -1.12% |
Hang Seng | Yet to open | — |
Indian markets may underperform peers like Japan but show resilience compared to Taiwan’s steep early drop.
Sectoral Outlook: What to Watch in Nifty Today
Likely Weakness:
- IT & Tech: Track Nasdaq; Infosys, Wipro, TCS may extend losses.
- Banks: Cautious tone expected after recent global yield concerns.
- Exporters: INR volatility and global demand worry could hurt autos, pharma.
Defensive Support:
- FMCG & Consumption: May offer stability amid global uncertainty.
- Energy & Oil: Watch Reliance and ONGC on crude price fluctuations.
FII Trends and Domestic Cues
- FIIs turned net sellers over the past week, possibly extending pressure today.
- No major earnings or data releases expected from the Indian side, leaving direction to global handover.
- INR/USD movement will be closely tracked after dollar strength overnight.
Nifty 50 Technical Outlook: Levels to Watch
Technical Level | Value |
---|---|
Opening Range | 24,000–24,050 |
Immediate Support | 23,950 |
Resistance Zone | 24,200–24,250 |
Intra-day trend may remain sideways to weak unless there’s recovery in global or European futures.
Final Word on Today’s Nifty Trend
The Indian stock market is set for a subdued start, led by global pressure and no fresh domestic triggers. Nifty 50 could remain in a consolidation zone, with IT, banking, and export-heavy sectors weighing on early trade.
Investors will be closely watching whether GIFT Nifty stabilizes above 24,100, and whether Dow futures attempt a recovery during the session.
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