The benchmark BSE Sensex rose 855.30 points or 1.09% to close at 79,408.50, while the comprehensive Nifty 50 index closed at 24,125.55, higher by 273.90 points or 1.15%.
Here’s how analysts read the market pulse:
The Bulls took over, which led to the Nifty crossed 24K in the third attempt in the last 3 months, and bank Nifty fueled the Nifty to touch the new high, Vinod Nair, the head of GeoGit investment research, added that the U.S. The possibility of a bilateral trade agreement is adding optimism in the market.
“Better results of bank stocks due to improved investors of asset and improved credit growth. There is a contradictory condition due to its attractive assessment with the expectation of expenses in the latter half of the fiscal year.
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US
The uncertainty around Donald Trump’s trade policies was drowned in Wall L Street stocks on Monday after a new social media attack on Federal Reserve Chair Jerome Powell.
US that can disadvantage Beijing China opened the markets after warning the countries to file a trade deal.
The damage was done shortly after Trump called Powell as a “chief loser” for not reducing interest rates, and raised fresh concerns that he could try to remove the Fed’s head – which investors are likely to move forward.
Technical view
“The Nifty has given a clean breakout from above the previous swing on the Daily Chart,” said LKP Securities’s senior technical analyst DE, said LKP Securities’s senior technical analysts, as expected, are expected to be a crucial movie.
“Moreover, the Nifty has moved above the crucial resistance of 24,100; therefore, it looks good on the track to reach the short-term 24,450-224,500 zones. At the lower end, support is placed at 23,850,” the DE said.
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Most active stocks in terms of turnover
HDFC Bank (Rs 3,306 crore), BSE (Rs 2,525 crore), ICICI Bank (Rs 2,392 crore), Infosys (Rs 2,273 crore), Axis Bank (RS 1,5333 crore) (RS 1,533 crore) (RS 1,533 crore) (RS 1,433 crore) in terms of value. High activity in the counter in terms of value can help identify counters with the highest trading turnover a day.
The most active stocks in terms of volume
Vodafone Idea (Traded Shares: 104.73 crore), Yes Bank (Traded Shares: 21.21 crore), Suzlon Energy (Traded Shares: 16.96 crore), IDFC First Bank (Traded Shares: 8.69 crore), Ola Electric Mobility (Trade Shares: 6.6 CR). Actively traded stocks in terms of volume on the NSE.
Stocks showing the purchase interest
Shares of Just Dial, Vodafone Idea, Suzlon Energy, Techno Electric, Tata ELXC, KFIN Technologies and Kalpataru Power were in stocks that saw a strong interest in buying from market participants.
52 weeks
More than 115 stocks today hit a 52-week .This. Those who have scored their Week 3 -week statet include Bajaj Finance, Bharti Airtel, ICICI Bank, HDFC Bank, Bajaj Finswar and Kotak Mahindra Bank.
Stokes by looking at the pressure of sale
Shares found under significant sales pressure were GSK Pharma, Keplin Point, Marico, Ramakrishna forgiveness, Godrej Consumer, DB Realty and Bayer Crop Science.
Sentiment meter bullish
Market feelings were booming. Of the 4,247 stocks trading on the BSE on Monday, 1,199 stocks saw a decline, 2,903 progressed, while 145 stocks remained unchanged.
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(Disclaimer: The recommendations, suggestions, opinions and views given by experts are their own. This does not represent the views of the economic time)
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