The NIFTY 50 index is approaching 5 % month
- summary:
- The NIFTY 50 index is collided as the bulls may be strengthened by an American trade tariff. What are the possibilities that the rhythm will maintain?
The NIFTY 50 index remained in the ups of the third day in a row on Wednesday, as Indian stocks continued to get rid of commercial tariff fears. The index reached 23,446 points and gained 0.4 % until this writing, and gained gains last month to 4.6 %. US President Donald Trump’s pause for 90 days of 16 % trade tariffs against India in addition to the baseline, renewed 10 % investor confidence and saving stocks from a sharp drop.
The coming days will witness the NIFTY 50 index in the upward direction with the flow of profit reports. While Indian stock markets were traveling in the fourth quarter of 2024 during the first quarter of 2025, its economy continued to grow during both periods, and it is possible to translate into good profit for most companies in the NIFTY 50 index.
Trump’s announcement that he is considering stopping definitions against auto parts, and heralds well with the index. India has exported nearly $ 2.2 billion of auto parts to the United States in 2024, equivalent to 29.1 % of the value of its total global exports. In addition, the Indian Reserve Bank (RBI) reduced interest rates by 25 basis points for the second month in a row last week, which strengthens the economy’s expectations amid a commercial tariff. RSI reads on the NIFTY 57 daily chart, indicating a possible continuation of the near -term rising arrangement.
NIFTY 50 index forecasts
The momentum on the NIFTY 50 index calls for more bullish direction above 23,375 points. This is likely to witness the first resistance that was faced at 23,485 points. However, the procedure can rise and test 23,640 points in the extended upward conditions.
On the other hand, the transition to less than 23,375 will indicate a transformation in the momentum to the negative side. With the sellers’ control, the first support is possible 23252. The collapse under this level will nullify the bullish direction. Also, the stretching control can lead to a decrease in the measure of 23,110 tests.

