- Summary:
- The Nifty 50 Index disobeyed the US trade tariff sentiment to register significant gains in April, but May may have a history registered low return.
The Nifty 50 Index struggles to break at the top of 24,400 points for the last six sessions, which signed an underlying weakness after a strong revolt over the past two weeks. The index is currently close to the highest since mid-December, recovering a large portion of losses recorded in the fourth quarter of 2025.
The month of May has a history that brings moderate acquisitions to the Indian equities market, with a funny 50 index that has saved +1.1% in the last ten years. However, the basis for gaming was significantly different at this time, along with US trading tariffs that interfered with market sentiment.
That said, the index opposed the grain after the tariff announcement, which rose nearly 3,000 points since April 21. With US Vice President JD Vance led a delegation to India trade negotiation last week, the two countries were likely to announce a success in the coming days. U.S. president Donald Trump confirmed this optimistic perspective on Wednesday.
Such outcomes can boost investor confidence and bring tails to the market. However, the emerging geopolitical intensity between India and Pakistan with Kashmir attacks can slow down the gains of the Nifty 50 index and the wider market of equal India. Nuclear armed neighbors have been members of the accusations and anti-accusations in recent days, along with Pakistan claiming Tuesday that it has “credible evidence” that India is preparing military action against it.
Nifty 50 index prediction
Nifty 50 index pivots at 24,420 points and resistance to seller's level control signal. Immediate support is likely to be at 24,310 points, but an elongated momentum will be damaged below that level and may lower to try 23,290.
In contrast, the destruction above 24,420 will change the momentum upside down. In that case, the first resistance is likely to come to 24,450. The downside thesis is not valid if the index breaks above that level, and such a momentum can drive the acquisitions until testing 24,480 points.
