Mumbai, April 4 -- The domestic stock market remains under pressure as global headwinds take center stage. A sharp decline in US markets and fresh concerns over potential pharma tariffs have dampened sentiment, paving the way for a time-wise correction. If Nifty slips below 22,900, the index could drift toward 22,676, while a decisive move above 23,100 would signal a strong uptrend.

Despite near-term volatility, domestic economic fundamentals remain robust, with RBI's supportive policies acting as a cushion. The upcoming Q4 earnings season will be a key driver of market direction. The ongoing tug-of-war between FIIs and DIIs, alongside external factors like crude oil prices and the dollar's strength, will continue to shape sentiment in t...