Live Market Update - 07 April, 2026
Market looks flat on the surface… but internals are telling a different story. Index is muted, but breadth is still holding positive, buyers are active underneath. What’s happening inside: • IT is doing the heavy lifting • Media & realty showing pockets of strength • PSU banks under pressure This is clearly a sector rotation day, not broad weakness. Macro pressure building: Crude moving above $115 is starting to weigh on sentiment, especially on rate-sensitive and PSU pockets. Structure: Market is stuck in a tight zone. • Immediate support: 22,800 • Heavy resistance near 23,000 (call writing zone) This is a range-bound setup with supply overhead. Current view: • Internals → Stable • Index → Sideways • Setup → Compression before move Market isn’t breaking yet… but it’s preparing for a move. #Nifty #ShareMarket #Intraday #StockMarketIndia #Trading

















