Live Market Analysis - 04 April, 2026

Early strength faded quickly. Market gave up most of the gap within the first hour. Breadth is still holding up, but leadership is very narrow. Realty and healthcare are doing the heavy lifting while IT and media are dragging, keeping the index capped. Bank Nifty not participating is another sign this move lacks broad conviction. Under the surface, this feels like selective buying rather than a strong trend day. 23800 now becomes the key reference, if pressure builds, that’s where structure gets tested.