cURL Error: 0 Ahead of the market: 10 things that will determine stock market action on Monday - PratapDarpan

Ahead of the market: 10 things that will determine stock market action on Monday

Indian markets ended higher on Friday with four days of losses in the Sensex and Nifty, as cooler-than-expected US inflation readings boosted global risk appetite and revived expectations of a Federal Reserve rate cut next year. The constructive mood reflected gains in Asian markets, among other supportive cues.

The S&P BSE Sensex rose 447 points or 0.53% to close at 84,929, while the NSE Nifty 50 rose over 151 points or 0.58% to close at 25,966.

Here’s how analysts read the pulse of the market:

The US Global equities rallied after CPI undershot estimates, bolstering expectations of a Fed easing despite concerns about data reliability amid shutdowns, said Vinod Nair, head of research at Geojit Investments, adding that investors are now looking for signs on the Fed’s 2026 easing path.

“Meanwhile, the BoJ raised its policy rate by 25 bps to a three-decade high, a move that could reshape global liquidity trends. Domestically, stronger global cues and bargain-hunting lifted indices, with large-cap stocks moving higher. Oil prices continued to soften and concerns over overly supply-driven growth remained muted. Near-term uncertainty over trade deal timelines and upcoming macro data releases Volatility may continue,” Nair said.

Also Read | 5 Wall Street Moguls Who Dismissed Bitcoin As A Fad — Guess What They’re Saying Now!

Live events

      US markets

      US stocks ended higher on Friday after a volatile week as a recovery in technology shares offset losses in consumer names such as Nike.

      Gains in megacaps built on Thursday’s rally, boosted by strong forecasts from Micron Technology that revived investor appetite for artificial-intelligence stocks after a recent pullback on valuation and funding concerns. Micron rose 7% to near a record, while Nvidia surged 3.9% as the US began a review that could pave the way for initial shipments of its second-most powerful AI chip to China.

      The Dow Jones Industrial Average rose 183 points, or 0.4%, to 48,134.89. The S&P 500 rose 0.9% to 6,834.50 and the Nasdaq Composite added 1.3% to 23,307.62.

      European markets

      European shares closed at record highs on Friday, led by gains in defense and insurance stocks, as investors regained confidence after an earlier selloff with just a few sessions left in the year.

      The pan-European STOXX 600 rose 0.4% to 587.50, extending a rebound that followed its strongest one-day gain in more than three weeks and leaving the index up 1.7% for the week.

      Tech View

      The Nifty has seen a breakout from the falling wedge pattern, indicating an improvement in market sentiment, said Rupak De, senior technical analyst at LKP Securities, adding that the index has reclaimed the 21-day EMA on the daily chart.

      “After finding support near the 50-day EMA, the index bounced back towards the 26,000 mark. Going forward, 26,000 will be the key level to watch; a decisive move above this level could take the index to 26,300. On the downside, immediate support is placed at 25,900, as the first line of defence, possibly D,” said

      Also Read | Warren Buffett’s biggest investment isn’t Apple, BofA or Coca-Cola — it’s a stock hidden in plain sight

      Most active stocks in terms of turnover

      Interglobe Aviation (Rs 4,680 crore), Shriram Finance (Rs 3,143 crore), Tata Motors PV (Rs 2,610 crore), HDFC Bank (Rs 2,556 crore), RIL (Rs 2,183 crore), Infosys (Rs 2,156 crore) and Bharti (Rs 2,156 crore) (21) Airtel had the highest stock of 2 crores. BSE in terms of value. High activity in a counter in terms of value can help identify counters with the highest trading turnover in a day.

      Most active stocks in terms of volume

      Vodafone Idea (traded shares: 124.11 crore), Ola Electric Mobility (traded shares: 25.2 crore), Yes Bank (traded shares: 8.69 crore), Tata Motors PV (traded shares: 7.40 crore), IDFC First Bank (traded shares: 6.56 crore and 65.5 crore) Reliance Power (traded shares: 5.21 crore) was one of the most actively traded stocks in terms of volume on the NSE.

      Stocks show interest in buying

      Stocks such as Ola Electric Mobility, Advent Hotels International, Tata Elksi, Otham Investment and Infrastructure, ITI Ltd, Motherson Sumi Wiring India and Aether Energy witnessed strong buying interest from market participants.

      Also Read | Tata Motors hits top gear on demerger after commercial vehicles debut. Here are 7 takeaways from the list

      52 week high

      Over 100 stocks touched their 52-week highs today while 179 stocks slipped to their 52-week lows. Among those reaching their 52-week high were Titan and Ashok Leyland.

      Selling pressure is seen in stocks

      Significant selling pressure was seen from Aditya Birla Lifestyle Brands, Blue Star, Five-Star Business Finance, Siemens Energy India, Kirloskar Oil Engines, Aditya Birla Sun Life AMC and Nippon Life India Asset Management.

      Sentiment meter bullish

      Market sentiment was bullish. Out of 4,331 stocks traded on BSE on Friday, 1,445 stocks declined, 2,731 stocks gained, while 155 stocks remained unchanged.

      Also Read | Ola Electric vs Aether Energy Shares: Which EV Bet Looks Stronger for Your Portfolio Right Now?

      (Disclaimer: Recommendations, suggestions, views and opinions given by experts are their own. These do not represent the views of Economic Times)

      Add As a trusted and reliable news source
      Add now!


      (You can now subscribe to our ETMarkets WhatsApp channel)

      Share This Article
      Leave a Comment

      Leave a Reply

      Your email address will not be published. Required fields are marked *

      Exit mobile version