Today's stock market: Nifty 50 trade setup to Q4 results; eight stocks to purchase or sell on Monday, April 21, 2025

Today's Stock Market: The Nifty 50 index's main support zones would be 23,500 and 23,350, while the bulls' resistance levels may be between 24,000 and 24,200. However, economists warned that attitude would shift if the market fell below 23,350. Monday's Trade Setup

The Nifty-50 index's main support zones would be at 23,500 and 23,350, while the bulls' resistance areas may be between 24,000 and 24,200. But attitude might shift if the market falls below 23,350, according to Amol Athawale, VP of technical research at Kotak Securities.

According to Athawale, the Bank Nifty is expected to continue its upward trajectory, and the index may rise to between 54,500 and 55,000, with more upside potential perhaps pushing it to 55,300. International Markets and Q4 Outcomes

The earnings results of industry titans like Infosys, HDFC Bank, and ICICI Bank will be the focus of attention in the coming week. Axis Bank, Hindustan Unilever, Maruti, and HCL Technologies are also expected to release their quarterly financial results. The planned expiration of April series contracts could cause more volatility in the futures market. Jit Mishra, SVP, Research, Religare Broking Ltd., stated that any developments on tariffs and their possible effects on global markets will continue to be of utmost importance.