On April 1, 2025, the Nifty 50 index declined by 1.50%, closing at 23,165.70 points. This drop was primarily driven by investor concerns over potential U.S. tariff implementations announced by President Donald Trump, which heightened market volatility.

Sector Performance:

• Information Technology (IT): The IT sector faced significant selling pressure, with the Nifty IT index falling by 2.45%, marking it as one of the worst-performing sectors of the day. 
  
  

• Automobiles: In contrast, the automotive sector showed resilience, with the Nifty Auto index rising by 1%, making it one of the top-performing sectors. 
  
  

Market Outlook:

Despite the recent downturn, historical data suggests that April has generally been a positive month for the Nifty 50. Over the past five years, the index has mostly remained bullish in April, indicating potential for recovery in the coming weeks.

Analyst Insights:

Technical analysts view the current market weakness as a healthy correction following a recent sharp uptrend. They suggest that the Nifty could find support around the 23,000 level, with immediate resistance placed at 23,400.

Conclusion:

While April 1, 2025, saw the Nifty 50 index experience a notable decline due to external tariff concerns, historical