Due to the less possibility of 'Trump tariff', the impact in the stock market showed, the closure of the week is strong
Mumbai, April 12 (IANS). The Indian stock market ended the week firmly and achieved a 2 percent profit. Market experts said on Saturday that the US decision to postpone rates for all countries, except that China reduced the recession, which strengthened the sentiment. As a result, the Nifty index began with a strong boom and tested resistance near 20-day expert moving average (DEMA) about 22,900. It then went into a limited series before it closed on 22,828.55. Sector -wise, metal, energy and pharmaceutical lead, while comprehensive indices also achieved a strong yield between 1.82 percent and 2.86 percent. Ajit Mishra, Senior Vice President (Research), Railways Broking Limited, said: “Recovery supported by continuous decline in the instability index is a positive signal, although it is still challenging to deal with such sharp fluctuations. On the index front, the closure of more than 22,900 can make the moving averages from close to 23,400 to re-test. 1,310,11 points or 1.77 percent jumped to close at 75,157,26. And the stock market increase, the rupee strengthened 65 Paise to close at 86.04 against the dollar. The BSE has an advanced coverage at 3.68, which is the highest level since March 5, 2025. “Positive growth in the global trade policy indicates a 2 percent increase in small and medium -sized indices, which is an indication of the optimism that the global supply chain can stabilize and reduce the input cost. Fund manager, said: “As business leaders and investors, revenue for income should be attentive to many dependent areas for income. Nevertheless, I am optimistic about India’s development journey. “The Nifty is expected to be supported in the near period of the 22,600-22,700 series, while 23,000-23.100 is likely to act as an immediate resistance area. The bank opened with the Nifty Index and a strong positive speed. Nifty -Index crossed the most important resistance area of 50.750–50.800 and created a large bullish Candil on daily and weekly charts. As long as the index remains above this level, it has the strategy of dips’.