The BSE Sensex ended down 322.39 points, or 0.38%, at 85,439.62, while the NSE Nifty 50 shed 78.25 points, or 0.30%, at 26,250.30.
Here’s how analysts read the pulse of the market:
Domestic markets started the first full week of 2026 cautiously, as Indian 10-year bond yields reflected higher government debt expectations, said Vinod Nair, head of research at Geojit Investments. territory
“Early Q3 trends in bank credit/advances suggest strong momentum, supporting overall optimism. Globally, investors await key US economic data and Fed guidance, while the BoJ has backed its hawkish stance. Looking ahead, Q3 earnings will dominate focus and guide near-term market trends,” sentiment remained moderately positive.
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US markets
Stocks rose in morning trading on Wall Street on Monday to start the first full week of the new year, led by energy and technology companies.
Energy companies and the oil market were the main focus after US forces captured Venezuelan President Nicolas Maduro over the weekend. US crude rose 1.3% to $58.07 a barrel. International standard Brent crude rose 1.1% to $61.43 a barrel.
President Donald Trump has launched a plan for US oil companies to help rebuild Venezuela’s oil industry. Chevron rose 4.3% and Exxon Mobil rose 1.1% for some of the strongest gains in the market.
European markets
As US military strikes on Venezuela fueled fresh geopolitical concerns and sent investors into defense industry stocks on Monday, European stocks started the week strong.
The STOXX benchmark of Europe’s biggest companies rose 0.3% while MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 1.3% to a record high.
Tech View
Momentum indicators such as RSI and key moving averages are maintaining positive positioning,” said Rupak De, senior technical analyst at LKP Securities.
“On the downside, support is placed in the 26,170–26,200 zone; a critical break below 26,170 could trigger a corrective move towards 26,000. On the upside, resistance is placed in the 26,370–26,400 zone,” Dee said.
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Most active stocks in terms of turnover
Hindustan Copper (Rs 2,927 crore), HDFC Bank (Rs 2,721 crore), NetWeb Technology (Rs 2,366 crore), ITC (Rs 1,695 crore), RIL (Rs 1,384 crore), Ola Electric Mobility (Rs 1,375 crore) and Vodafone I (Rs 1,18 crore) were the most active. Stocks on 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
ITC (Traded Shares: 4.83 Crore), Tata Steel (Traded Shares: 3.06 Crore), HDFC Bank (Traded Shares: 2.76 Crore), Eternal (Traded Shares: 1.93 Crore), NTPC (Traded Shares: 1.82 Crore), Power Grid (Traded Shares: 1.1 Crore) and ST5 (Traded Shares: 1.12 Crore) by volume on NSE. was one of the most actively traded stocks in terms of
Stocks show interest in buying
Shares of Nestlé India, Ultratech Cement, Tata Steel, Asian Paints, HUL, Axis Bank and ICICI Bank witnessed strong buying interest from market participants.
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52 week high
Over 209 stocks touched their 52-week highs today while 144 stocks slipped to their 52-week lows. Maruti Suzuki and Titan hit their 52-week highs.
Selling pressure is seen in stocks
Significant selling pressure was seen from HDFC Bank, Infosys, HCL Tech, Bajaj Finance, TCS, Tech Mahindra and RIL.
Sentiment meter bearish
Market sentiment was bearish. Out of 4,471 stocks traded on BSE on Monday, 2,545 stocks declined, 1,723 stocks gained, while 203 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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