By Vineet Kumar 
Sensex, Nifty Prediction for Next Week, Monday, 7 April: Will Trump’s Trade Turmoil Trigger More Losses or Rebound Rally?
By Vineet Kumar | TradingThought.com
It was a turbulent end to the week for global markets, thanks to fresh tariff tantrums by US President Donald Trump. But interestingly, the Indian stock market—led by Sensex and Nifty—managed to hold up better than most of its global peers.
Despite the Friday fall, where the Sensex tanked over 900 points to close at 75,364.69 and Nifty slipped below the psychological 23,000 mark, domestic investors didn’t panic as much as expected. The fall came on the back of global jitters, with US markets witnessing another sharp crash triggered by fears of an escalating trade war.
FPIs Buy, DIIs Sell: The Divergence
In the last five trading sessions, Foreign Portfolio Investors (FPIs) were net buyers, while Domestic Institutional Investors (DIIs) chose to book profits, reflecting mixed sentiment. This divergence tells us one thing—while global investors are looking at India as a relatively safe haven, local institutions are turning cautious after the recent rally.
Technical Take: Rebound Possible If Key Levels Hold
Jigar Patel of Anand Rathi Stock Brokers pointed out that while bears dominated the week, technical indicators suggest the market is currently oversold, hinting at a possible rebound in the next few sessions.
He has marked resistance at 75,800 and support at 75,000 for the Sensex. A breakout above 75,800 may bring back the bulls, while slipping below 75,000 could drag it further down to 74,800.
On the other hand, Nifty’s weekly chart shows a sizeable bearish candle, indicating profit booking after the recent up move. According to Bajaj Broking, Nifty is now hovering around the crucial support zone of 22,700–22,800. Holding this range is essential for a rebound toward last week’s high of 23,565.
Break below 22,700? Then brace for 22,300.
Bank Nifty Outlook: Consolidation or a Fresh Leg Up?
Bank Nifty, unlike its headline counterparts, showed some strength. On the weekly chart, it formed a small bullish candle, remaining within the previous week’s range. This suggests consolidation, not correction.
Bajaj Broking believes this is a healthy pause and recommends using the current dip as a buying opportunity in quality banking and financial names. Their view is optimistic, projecting an upside move toward 52,050 and even 53,000 in the coming weeks, thanks to the recent breakout from a key range.
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What to Watch Next Week?
Trump’s trade threats may continue to spook global markets, but India’s relative strength is a positive sign.
Keep an eye on US market cues, commodity prices, and FPI flows for early signals.
If Nifty holds 22,700 and Bank Nifty stays firm, the market may surprise on the upside.
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Bottom Line:
Next week’s stock market action may swing between volatility and opportunity. While global pressure remains, India has shown signs of resilience. If key support levels hold, we may see a technical pullback. But if not, the correction could deepen. As always, stay light, stay nimble, and follow the levels.
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Keywords: Sensex prediction April 7, Nifty stock market forecast, Trump tariff impact, Nifty support resistance, Bank Nifty outlook, stock market news India, tradingthought.com