Next to the market: 10 items that will determine the D-Street action on Friday

India’s benchmark indicators, Nifty and Sensex, stripped the eight -day defeat, operating by the benefit of private banks, Auto toe and IT stocks. The Nifty increased by 225.20 points or 0.92%, which closed at 24,836.30, while the Sensex added 715.69 points or 0.89%, which settled at 80,983.31.

Indian stock markets are closed today for Dussehra and Gandhi Jayanti.

Here’s how analysts read the market pulse:

Bajaj Broking noted that after several sessions of range-bound action with weak bias, a long boom candle has emerged on the daily chart, indicating the potential short-term bottom.

“The Nifty 24,400-224,500 (ascending trendline and 200-day EMA) has become sharply bounced from the critical support zone, which reflects a positive technical point of view. Both daily and weekly charts, along with the latest swings, served as the new highest bottom of 24,587. “

Brokerage sees immediate resistance at 25,000 and 25,200 next week, while key support is 24,600.

US
Benchmark S&P 500 and Tech-Heavy Nasdaq Index on Thursday, on record high, behind new expectations for interest rate reductions, while traders brace a week-long data-light with a few fresh catalysts.

The Dow Jones Industrial Dyogic has increased by 20.0 points or 0.04%at 46,461.11. The S&P increased by 20.1 points or 0.30%at the open time, while the Nasdaq composite rose 130.7 points or 0.57%to 22,885.905.

European markets
European stocks reached a high -level high in the record on Thursday, with chip -related stocks run by a global rally, while the U.S. The sentiment remained enthusiastic amid expectations that the Federal Reserve would reduce interest rates later this month.

The Pan-European StokesX 600 index increased by 0.7% to 568.7 points by 0845 GMT, which is at the all-time high. Most of the regional B Ours was also Ch .A, with Germany increased by 1.3%.

Technol. Shares added 2.3%, overnight benefits on Wall Street. Korea’s Samsung Electronics and S.K. Sentiment gained further after the Highx signed the objective letter to supply memory chips for OpenAI data centers.

Technical view
Decoding Charts: Technical analyst of LKP Securities, Vatsal Bhuva said the Nifty Index was weak on the day of monthly expiration, facing rigorous resistance near its 100-day EMA around 24,750 zones. The index is forming a lower-high-lover-loose pattern in the last three sessions, showing strong bearish control. He added, “Unless the Nifty reclaims and sustains its -2 -day EMA, the short -term point of view remains negative.”

It sees immediate support at 24,500, with about 24,800 resistance. “The market spirit may be more developed following the results of RBI policy and auto sales data, so a cautious attitude is advised,” Bhuva said.

Most active stocks by turnover
Netwab Technologies (Rs. 422 crore), Tata Investment (Rs. 399 crore), Tata Motors (RS 238 crore), Larson and Toubro (L&T, RS 232 crore), ICICI Bank (Rs. RS between HDFC Bank) in terms of value. High activity in value helps identify counters with the largest trading turnover of the day.

Most active stocks by volume
Yes, bank (2.3 crore shares), Adani Power Idea (.9..98 lakh), PC Jeweler (.4..44 lakh), Saman Capital (.4 54..99 lakh), Proson Realty (.4 48..49 lakh), SpiceJet (.

Stocks showing the purchase interest
Sun TV, NetWeb Technologies, Tata Motors, Physers, Hadko, Jaro Institute, AIA Engineering and Escorts Kubota looked strong interest in buying from market participants.

52-weekly.
More than 150 stocks have reached 52-weeks today. Significant stocks of new SPs include drugs and pharmaceuticals, DR .. Agarwal’s health care, Avishikar Infra Realty, Alan Scott Enterprise, Aditya Birla Capital, AGI Infra, Fortis Healthcare, Embassy Office Parks.

Stokes by looking at the pressure of sale
In big-cap names, Bharti Airtel, ITC and Trent faced significant sales. Other pressure under pressure includes Men Industries, Market Debutant Jaro Institute, KPIT Technologies, Prime Focus, Hitachi Energy India, JSW Holdings, Godfrey Philips and Usha Martin.

Sentiment meter favors bulls
Banking heavyweights like HDFC Bank, ICICI Bank and Kotak Mahindra Bank took out positive nearby markets. The width of the market remained healthy: 1 out of 4,291 stocks on October, Wednesday, 2,721 advanced, 1,440 rejected and 130 remained unchanged.

(Disclaimer: The views given by recommendations, suggestions, opinions and experts are their own. This does not represent the views of the economic time)