Sensex, Nifty Outlook For Thursday By Experts: Stock markets witnessed a strong rebound on Wednesday (April 15, 2026), extending gains after the recent consolidation phase, supported by favourable global cues. The Nifty opened gap-up, remained range-bound for most of the session, and eventually settled at 24,231.30, up 1.63 per cent.
The rally was broad-based, with all major sectors trading in the green—led by IT, realty, and energy. Broader markets outperformed once again, with midcap and smallcap indices advancing over 2 per cent, reflecting strong risk-on sentiment and improved market breadth.
Sensex, Nifty Outlook For Thursday By Experts
Ajit Mishra – SVP, Research, Religare Broking, said that the upmove was primarily driven by improving global sentiment amid renewed hopes of US–Iran negotiations, which led to a sharp cooling in crude oil prices below the $100 mark. This eased concerns around inflation and supported emerging market equities like India.
Stability in the rupee and a decline in volatility, as indicated by India VIX, further contributed to the positive undertone, while optimism around the ongoing earnings season kept sentiment buoyant.
Nifty Prediction For Thursday By Experts | Sensex, Nifty Outlook For Thursday
Ajit Mishra – SVP, Research, Religare Broking, said that from a technical perspective, the Nifty has once again reclaimed the 24,000 mark, indicating strengthening momentum in the ongoing recovery phase. The index is now expected to inch toward the 24,350–24,600 zone, with a key hurdle placed around 24,800, coinciding with the 200 DEMA.
On the downside, support has shifted higher to the 23,900–23,600 range, the expert said.
Rs 9.41 lakh crore gain for investors as Sensex, Nifty zoom 1.5% each
Sensex, Nifty Outlook For Thursday: Support, Resistance Levels
Nilesh Jain, VP- Head of Technical and Derivative research at Centrum Finverse, said that Nifty has retraced 50 per cent of the entire decline from the high of 26,341 to the recent low of 22,183, with this level placed around 24,255.
The next key resistance for Nifty is the 50-DMA, positioned at 24,446, the expert said.
"Overall, the broader structure remains positive as long as Nifty holds above the 23,500 level," the expert said.
Nifty Chart Candle | Sensex, Nifty Outlook For Thursday
Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities, said that after the formation of a series of lower tops and bottoms on the daily chart in the last month, Nifty seems to have formed a new higher bottom on Monday at 23555 levels. "This market action indicates significant reversal of trend on the upside. The huge opening upside gap of 8th April remains partially filled after five sessions of its formation. This is positive indication," the expert said.
"The underlying short-term trend of Nifty continues to be positive. On the way up further, Nifty could find overhead hurdles around 24500 and 24800 levels in the near term. However, immediate support is placed at 24000-23900 levels," the expert added.
Nifty RSI Above 50, PCR | Sensex, Nifty Outlook For Thursday
Momentum indicators and oscillators continue to support the uptrend, with RSI sustaining above the 55 level.
Nifty PCR stands near 1.12, suggesting a mildly bullish bias. Nifty's options data shows call writing around 24,300–24,500, capping the upside, while put writing near 24,000–23,800 is strengthening the support base.
Sensex Prediction For Thursday | Sensex, Nifty Outlook For Thursday
Hitesh Tailor, Technical Research Analyst at Choice Equity Broking, said that Sensex closed at 78,111.24, gaining 1,263.67 points or 1.64 per cent, as markets witnessed a strong gap-up opening supported by positive global cues and improved investor sentiment.
The expert said that Sensex continues to exhibit a strong uptrend with higher highs and higher lows, indicating sustained bullish momentum. Key technical levels suggest that support is placed in the 77,200–77,400 zone, which is likely to act as a demand area on dips, while resistance is seen around 78,800–79,000, where upside may face supply pressure.
