Will nifty go up today


Aime
The deep research logic is organized as follows:
Okay, let's tackle this question: "Will Nifty go up today?" The user is asking about the Nifty 50 index, which is a key benchmark in India's stock market. They've also shown interest in the NASDAQ Composite, so maybe they're comparing different markets or looking for similar analysis.
First, I need to check the current date. The user's query is on April 17, 2025, and the current time is 23:46, which is after market hours. The markets in India are closed on Good Friday, April 18, 2025, so "today" here refers to April 17. However, the markets closed at 3:30 PM IST, so the user is asking about the closing price or the final movement on that day.
Looking at the references, there's a lot of data about the Federal Reserve's meetings, tariffs, and India's economic situation. The Fed is concerned about tariffs causing inflation and growth slowdowns (References 1, 4, 5). These factors could impact global markets, including India. The user's interest in NASDAQ might mean they're considering how U.S. policies affect tech-heavy indices, but Nifty 50 is broader.
References 17-19, 29, 30, 35, 39, 42-44 discuss India's stock market on April 17. The Nifty 50 closed up 1.77% to 23,851.65, with gains in banking and pharma sectors but declines in IT. The Fed's potential rate cuts and India's domestic factors like FPI outflows (Reference 22) are influencing the market. The IT sector's weighting in Nifty 50 has dropped to a 17-year low (Reference 33), which might explain some of the sector-specific movements.
The user's profile mentions a focus on technical analysis and short-term investments. The Nifty's pre-market analysis (Reference 21) and technical analysis (Reference
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