Market Outlook "जोखिम से ब्रेकआउट, लेकिन कमाई की रफ़्तार पर नज़र रखो!"

GIFT Nifty, Nifty, Bank Nifty, Dollar Index & India VIX Levels GIFT Nifty is trading around 23,690, indicating a flat open for Indian markets. Nifty 50 support levels are at 23,500 and 23,400, with resistance at 23,800 and 24,000. Bank Nifty support is expected near 50,000 and resistance at 51,200–51,500. Dollar Index (DXY) is stable around 104.65, reflecting calm US dollar momentum ahead of key economic data. India VIX is at 14.20 (range 14.11–15.56), with support at 14.10 and resistance at 14.50–14.70, suggesting fear is manageable but volatility will persist during earnings season. Stocks in Action Today Top gainers from Thursday include

Cipla (+2.61%), Bharti Airtel (+1.72%), Power Grid (+1.49%), Sun Pharma (+1.49%), Adani Ports (+1.34%), Adani Enterprises (+1.29%), and Tata Steel (+1.22%). Top losers include HCL Tech (-0.37%), Tech Mahindra (-0.36%), SBI Life Insurance (-0.35%), TCS (-0.34%), and Infosys (-0.29%). Most active stocks by volume include MTARTECH, SAIL, NMDC Steel, Kalyan Jewellers, Tata Steel, Tata Motors, Hero MotoCorp, and Shree Cement. These stocks are expected to remain active and volatile today. Important News Events & Impact Today Friday, 15 May marks the weekly expiry day, and Sensex-Nifty closed with over 1% gains on Thursday. Investor wealth increased by approximately ₹5 lakh crore. US geo-political tensions and trade deal optimism are key themes. US data releases today include Empire State Manufacturing Index (8:00 AM EST), Capacity Utilization (April), and Industrial Production (April) at 9:00 AM EST. These will impact global risk sentiment and Fed policy expectations. US-India trade deal optimism is supporting rate-sensitive sectors like realty and autos. Domestic inflation easing has sparked midcap and smallcap rallies. Realty, Oil & Gas, Media, IT, Autos, and Banking sectors are all up 1–2%, with Realty and Autos outperforming on optimistic outlook.