By theindianinvestor 
Monday, 28th April 2025
Time: 8:45 AM IST
insights:
- On Friday, Nifty fell by 207 points and closed at 24,039.
- Both FIIs and DIIs were net buyers on Friday, while retailers were the net sellers.
- FIIs have bought over ₹28,000 crores in Indian equities over the past 7 trading days.
- Retail selling was likely triggered by heightened India-Pakistan tensions ahead of the weekend.
- Reliance Industries will be in focus today after posting better-than-expected results on Friday evening.
- In the US, Dow Jones closed almost flat, while Nasdaq rose by 1% led by tech stocks.
- Alphabet (Google) reported strong Q1 earnings, boosting sentiment for tech shares.
- Asian markets are trading mixed this morning.
- GIFT Nifty indicates a 170-point gap-up opening for Indian markets today.
- Brent crude continues consolidating around $66 per barrel.
- The Dollar Index is trading below 100, which is positive for broader markets but may pressure IT and Pharma stocks.
- Markets managed to close above the 24,000 mark on Friday, which is a positive signal.
- Today, Nifty may trade in the range of 24,000–24,350.