📊 Nifty Market Update – April 10, 2026

Market Snapshot

• Nifty 50 is hovering near 24,003, showing a gain of +0.96%.

• Sensex has climbed to 77,377, adding +0.97%.

• Bank Nifty is outperforming, trading around 55,823, up +1.83%.

The tone across the market is positive, with banking majors like Kotak Bank and HDFC Bank pushing the index higher.

🔑 Crucial Levels

• Support Zones: 23,850 (immediate), 23,700 (major)

• Resistance Zones: 24,100 (near-term), 24,250 (major)

🎯 Trade Plan

• Entry (Long): 23,950 – 24,000

• Target 1: 24,100

• Target 2: 24,250

• Stop Loss: 23,850

👉 Strategy: Look for buy-on-dip setups near support, but keep stops tight to manage risk.

📈 Sector Performance

• Banking: Driving the rally with strong momentum.

• IT & FMCG: Holding steady, adding stability to the index.

• Midcaps: Select names like Shilctech and Ashapurmin are showing notable strength.

📝 Takeaway

The bulls remain dominant, and Nifty could challenge higher resistance levels if momentum continues. Traders should keep an eye on banking and midcap stocks while monitoring global cues for confirmation.