#dailymarketinsights It was a Black Monday for the markets, as Indian markets fell on account of trade war worries after Trump imposed tariffs on 3 nations during the weekend. Nifty 50 dropped down and took support near 23200 levels, but eventually closed near its 21DEMA level of 23352. The upcoming week is another eventful week with Delhi elections, RBI policy and ongoing Q3 results. Nifty Bank too started off weak and had breached the level of 49000 but some respite was seen. However, the index too faced rejection from its 21DEMA level. With the RBI policy this week, all eyes will be on the interest rate decision, which will further impact the movement. Sector-wise, the top lost is Nifty India Defence that lost 🔻 (5.2%) in today’s trading session. Top gainer from Nifty 50 was Bajaj Finance Ltd. 🔼 (5.3%) and the top loser was Larsen & Toubro Ltd. 🔻 (-4.6%) in today’s trading session.