Stock Market Today: Nifty 50 Set for Gap-Up as India–US Trade Deal Lifts Sentiment; Gold, Silver Surge, 8 Stocks in Focus
The Indian stock market is expected to open on a strong note today, driven by positive global cues and optimism surrounding the newly announced India–US trade deal. Early indicators suggest a gap-up opening on Dalal Street, with export-oriented sectors likely to see heightened buying interest.
The much-awaited trade agreement is expected to lower US tariffs on Indian goods to 18%, offering a major boost to industries such as auto, IT, defence, pharmaceuticals, textiles, and gems & jewellery.
📌 India–US Trade Deal Impact
According to Ponmudi R, CEO at Enrich Money, Indian markets are likely to start the session firmly positive as global risk sentiment improves after the trade announcement. He highlighted that GIFT Nifty signals a sharp gap-up opening, nearly 3% higher, reflecting strong overnight cues.
He added that export-driven and manufacturing segments stand to benefit the most in the near term, while continued government focus on capital expenditure provides steady support to the broader market.
🪙 Gold, Silver Rates Today
Precious metals witnessed a sharp rally in early trade.
COMEX Silver surged over 9%, hitting an intraday high of $84.55 per ounce
COMEX Gold jumped more than 4%, touching $4,870.54 per ounce
Anuj Gupta, SEBI-registered market expert, said silver is currently trading in the $70–$85/oz range. A breakout above $85 could push prices toward $93–$94/oz.
Gold, meanwhile, remains in the $4,450–$4,900/oz range, with a decisive move outside this band likely to determine the next trend.
📊 Nifty 50, Sensex & Bank Nifty Outlook
Shrikant Chouhan, Head of Equity Research at Kotak Securities, said Nifty support lies at 25,000, while resistance is seen near 25,250–25,350, aligned with the 200-day SMA. A sustained move above these levels could strengthen the ongoing pullback rally.
On Bank Nifty, Vatsal Bhuva of LKP Securities noted that the index is finding support near its 100-day moving average. However, a decisive close above 59,000 is needed to restore bullish momentum. Immediate support remains in the 57,900–58,000 zone.
✅ Stocks to Buy or Sell Today
Market experts have identified eight intraday stocks that could remain in focus today:
Sumeet Bagadia (Choice Broking)
Hindustan Petroleum: Buy ₹453 | Target ₹485 | SL ₹437
ITC Hotels: Buy ₹185.65 | Target ₹199 | SL ₹179
Ganesh Dongre (Anand Rathi)
DLF: Buy ₹625 | Target ₹642 | SL ₹610
BEL: Buy ₹439 | Target ₹454 | SL ₹430
LTF: Buy ₹277 | Target ₹290 | SL ₹272
Shiju Koothupalakkal (Prabhudas Lilladher)
M&M: Buy ₹3463 | Target ₹3620 | SL ₹3400
HBL Engineering: Buy ₹771 | Target ₹815 | SL ₹755
Tourism Finance: Buy ₹63.99 | Target ₹70 | SL ₹62
⚠️ Disclaimer: This content is for educational purposes only. Stock market investments are subject to risk. Please consult a certified financial advisor before making any investment decisions.