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

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

Indian equities ended the week on a strong note on Friday, with modest gains in technology and pharmaceutical shares as investors took confidence from the reopening of the US government and clear macro signals. Sentiment was further boosted by strong domestic earnings and key state election results.

The Nifty 50 rose 0.12% to 25,910.05, while the BSE Sensex gained 0.1% to 84,562.78. Both benchmarks ended the week up about 1.6%.

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

The market managed to close in the green, supported by banking and FMCG stocks, while NDA’s victory in the Bihar state election boosted sentiment, said Vinod Nair, head of research at Geojit Investments, adding that a positive turnaround in Q2 FY26 results and benign inflation are brightening the outlook for H2 FY26 earnings.

“Investors are looking for an additional catalyst for a decisive move from current levels. The upcoming RBI policy meeting and any cues on the US trade deal are expected to keep market sentiment bullish,” Nair said.

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      US markets

      Wall Street ended Friday’s session on an uneven note as investors braced for Nvidia’s earnings next week and weighed the possibility that the Federal Reserve could delay a December rate cut.

      The Nasdaq managed to close in positive territory, while the S&P 500 edged lower after an early slide that dragged all three major indexes down more than 1% before settling.

      European markets

      European stocks fell on Friday after US policymakers tempered hopes of an imminent rate cut, although the region’s benchmark posted its strongest weekly advance since late September.

      The pan-European STOXX 600 closed 1% lower at 574.81, with bank stocks down 2.4%.

      Tech View

      The Nifty moved higher with a surprise rally towards the end of the session, said Rupak De, senior technical analyst at LKP Securities, adding that it found support around the 50 EMA on the hourly chart before a sharp intraday recovery.

      “Sentiment remains strong with possibility of a move towards 26,200/26,350 in the short-term. Although meaningful resistance is around 26,000, the intensity of the late-session recovery suggests a smart upside move in the coming days. At the lower end, support, above 5,20 and above 5,20 levels holds this for longer. Bulls are unlikely to face any major resistance,” Dee said.

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      Most active stocks in terms of turnover

      Segility India (Rs 5,456 crore), Tata Motors CV (Rs 5,254 crore), ITC (Rs 2,570 crore), HDFC Bank (Rs 2,106 crore), Muthoot Finance (Rs 1,759 crore), BSE (Rs 1,624 crore) and HBL Power (Rs 1,624 crore) (Rs 5,254 crore) were the most active among stocks. High activity in a counter in terms of terms value can help identify counters with the highest trading turnover in a day.

      Most active stocks in terms of volume

      Vodafone Idea (traded shares: 125.13 crore), Segility India (traded shares: 111.2 crore), Tata Motors CV (traded shares: 16.55 crore), Motherson Sumi (traded shares: 6.84 crore), ITC (traded shares: 6.4 crore), YES Bank: 8 crore shares and Sutraz 5 crore. (Shares traded: 4.12 crore) was one of the most actively traded stocks in terms of volume on the NSE.

      Stocks show interest in buying

      Shares of Ipca Labs, Transformers & Rectifiers, Muthoot Finance, HBL Power, Jubilant Food, Bharat Dynamics and Segility India were among the stocks that saw strong buying interest from market participants.

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      52-week high

      Over 118 stocks touched their 52-week highs today while 146 stocks slipped to their 52-week lows. Among those hitting their 52-week highs were Vodafone Idea and Asian Paints.

      Selling pressure is seen in stocks

      The stocks that saw significant selling pressure were Premier Energy, Advent Hotels International, DB Realty, Sonata Software, Gujarat Mineral Development, Apollo Tires and Supreme Industries.

      Sentiment Meter: Bearish

      Market sentiment was bearish. Out of 4,319 stocks traded on BSE on Friday, 2,270 stocks declined, 1,900 stocks gained, while 149 stocks remained unchanged.

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

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