Today, on April 11th, the Indian stock market is closed due to Eid celebrations. However, yesterday, the market reached an all-time high. In fact, yesterday, there was a significant surge in the market. Reportedly, yesterday, the Sensex reached an all-time high of 75,038, up by 354 points. Meanwhile, the Nifty, on the other hand, experienced a slight dip and closed at 22,753 levels, up by 111 points.
As yesterday marked the end of the week’s trading session
Speculations arise among investors about the market’s direction when it reopens after the holiday. With the market set to reopen tomorrow after the holiday, investors are keenly watching for signs of market sentiment. Today, before the holiday, experts believe that tomorrow could be a big day for the market.
Experts’ View
The Indian stock markets closed at high levels before the release of US market data. Experts believe that this indicates the possibility of a strong performance in the Indian stock markets in the coming days. Notably, the Nifty closed above 22,750, indicating a strong and significant closing level.
Furthermore, experts anticipate that tomorrow’s market could exhibit a bullish tone. However, some specialists suggest that tomorrow’s market might show a bias towards the buy-on-dip structure, which could provide opportunities for buying at lower levels.