In the trading week ending April 25, 2025, the Nifty-50 index experienced a positive trend, climbing by 0.8% to close at 24,039.35. The Bank Nifty also saw gains of 0.6%, finishing at 54,664.05. Key sectors that contributed to this upward movement included IT, supported by Auto, Realty, and Pharma, while FMCG struggled, marking it as one of the main losers. The broader market indices reflected a similar upward trend, with gains ranging from 0.80% to 1.7%.

Market Insights for Upcoming Trading

As traders prepare for Monday’s market, analysts suggest that the Nifty 50 Index must maintain levels below 24,100 to avoid further corrections, potentially dropping to 23,800 and 23,700. However, if it surpasses 24,100, a bullish sentiment could lead to a rally towards 24,400-24,500, according to Amol Athawale, Vice President of Technical Research at Kotak Securities. For the Bank Nifty, the pivotal level for short-term traders is identified as 55,000.

Global Market Trends and Earnings Reports

The approaching holiday-shortened week will kick off a new month, bringing a focus on monthly auto sales data. Investors will also be keenly observing the Index of Industrial Production (IIP) and the HSBC Manufacturing PMI Final data for macroeconomic insights. Additionally, geopolitical tensions between India and Pakistan are expected to influence market volatility in the days to come, as noted by Ajit Mishra, Senior Vice President of Research at Religare Broking Ltd.

Corporate earnings announcements from significant companies such as BPCL, IOC, Kotak Mahindra Bank, SBI, Bajaj Finance, TVS Motor, and UltraTech Cement are scheduled for release this week. Global updates on tariffs and trade policies will also be closely monitored.

Geopolitical Factors Impacting the Market

According to Siddhartha Khemka, Head of Research for Wealth Management at Motilal Oswal, ongoing geopolitical tensions between India and Pakistan may introduce additional volatility into the Indian markets. Meanwhile, sector-specific movements are expected as the market reacts to the latest quarterly earnings reports.

Stock Recommendations for Today

Sumeet Bagadia, Executive Director at Choice Broking, has identified two promising stocks for today’s trading. Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi, has also recommended three stocks, while Shiju Koothupalakkal, Senior Manager at Prabhudas Lilladher, has provided another set of three picks.

Sumeet Bagadia’s Stock Picks

• Cholamandalam Financial Holdings Ltd

  • Buy at ₹1978
  • Stop Loss: ₹1900
  • Target Price: ₹2111
    This stock exhibits strong bullish momentum, highlighted by a significant price rise and consistent upward trends.
• Thyrocare Technologies Ltd
  • Buy at ₹889
  • Stop Loss: ₹858
  • Target Price: ₹950
    Thyrocare is positioned for a bullish rally after breaking out from a previous congestion zone, indicating renewed momentum.

Ganesh Dongre’s Recommendations

• Indian Energy Exchange Ltd

  • Buy at ₹190
  • Stop Loss: ₹184
  • Target Price: ₹198
    This stock is showing a bullish reversal pattern and is sustaining above essential moving averages, offering a solid buying opportunity.

• Jindal Saw Ltd

  • Buy at ₹255
  • Stop Loss: ₹250
  • Target Price: ₹264
    Jindal Saw has formed a Morning Star pattern, signaling a potential reversal, making it a favorable buy at current levels.
• ITC Ltd
  • Buy at ₹426
  • Stop Loss: ₹418
  • Target Price: ₹435
    ITC’s recent Hammer candlestick formation suggests that selling pressure may have peaked, presenting a buying opportunity near support levels.

Shiju Koothupalakkal’s Intraday Stock Picks

• Archean Chemical Industries Ltd

  • Buy at ₹656.70
  • Target Price: ₹692
  • Stop Loss: ₹640
    The stock has shown a positive trend with bullish candle formations, indicating potential upside.

• Hexaware Technologies Ltd

  • Buy at ₹704.85
  • Target Price: ₹740
  • Stop Loss: ₹688
    After a corrective phase, Hexaware is poised for an upward move, supported by a favorable RSI trend.
• Delhivery Ltd
  • Buy at ₹304.90
  • Target Price: ₹320
  • Stop Loss: ₹297
    Delhivery is experiencing a strong upward shift, making it a compelling buy at current levels with significant upside potential.

As the market evolves, these insights and stock recommendations could provide traders with the necessary guidance to navigate the upcoming trading sessions effectively.