STOX THE MONEY™
STOX THE MONEY™
May 14, 2025 at 01:21 AM
*STOX the Money™ | ANALYSIS | 14 MAY 2025* On *May 13, 2025,* Indian stock markets experienced a significant downturn: • *Sensex*: Fell by 1,282 points (1.55%) to close at 81,148.22 • *Nifty 50*: Dropped 346 points (1.39%) to 24,578.35 *Key Factors Behind the Decline*: • *Profit Booking*: Investors secured gains following a previous rally. • *Global Market Trends*: Concerns over foreign investment shifting to China after its new trade agreement with the U.S. • *Sectoral Weakness*: Notable declines in IT, Auto, FMCG, and Financial Services sectors. *Market Forecast for May 14, 2025*: • *Nifty 50*: Expected to trade between 24,500 (support) and 25,000 (resistance). • *Sensex:* Anticipated range between 80,500 and 82,000. • *Nifty Bank*: Support at 54,600; resistance at 55,500 / 55900 *Outlook:* Markets may exhibit cautious trading with potential for minor rebounds, influenced by global cues and upcoming economic data releases.
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