The BSE Sensex shades to close at 271.17 or 0.33%, 82,059.42, while the NSE Nifty reduced 74.35 points or 0.30%to settle at 24,945.45.
Here’s how analysts read the market pulse:
Vinod Nayar, a research head of GeoGit Investments, said that the US Sovereign Sovereign was consolidated in the domestic market amid a downgrade of credit rating and downgrade of slow retail sales growth, said Vinod Nair, head of GeoGit Investments Research, added that I was a preliminary view of the US.
“Nevertheless, key indicators, which are extensive market, which relatively better earning growth and increase the activity of retail investors. Defense stocks are likely to remain in spotlight, supported by positive spirit and expectations of constant policy support. Despite bookings in profits, FII flow is expected to maintain macroeconomic conditions.
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US
Valle Street stocks fell before Moody’s Reducing the United States’ credit rating on President Donald Trump’s tax cuts on tax cuts.
Monday’s session was the first, then Moody announced a downgrade in the end of Friday, in which the U.S. Citing the rising levels of the government’s debt and interest payment ratio, “the same rated sovereignty is significantly higher than.”
Markets are closely looking at the Congress, where the full home is expected to vote on Trump’s financial law this week, which combines tax reductions for low -income Americans with a reduction of health coverage.
Technical view
Technically, the Nifty seems to be in the phase of consolidation, which continues for the next few days, the senior technical analyst of LKP Securities, “Nifty is closed below the 25,000 mark after two days. The index will be under pressure.”
“Upon loss, the Nifty can turn to 24,800-224,750 zones. If it breaks down 24,750, ER Panda may be likely to improve. On the contrary, moves above 25,000 can stimulate the range of 25,250-25,350 range,” DE said.
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Most active stocks in terms of turnover
Cochin Shipyard (Rs. 4,064 crore), Mazagon Dock Shipbuilders (Rs. 2,912 crore), Hindustan Aeronautics Limited (Rs. 2,428 crore), GRSE (RS 1,910 crore), BS 1, RS1,78). 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: 171.22 crore), Yes Bank (traded shares: 14.65 crore), IRFC (traded shares: 5.62 crore), Suzlon Energy (Traded Shares: 5.33 crore), Reliance Power (Trade Shares: 5.29 crore: 5,20 CRRR). In volume conditions on the NSE.
Stocks showing the purchase interest
Shares of Graphite India, Alembic Pharma, Delahwari, Hague, Keplin Point, Usha Martin and BASF were in stocks that saw strong interest in buying from market participants.
52 weeks
More than 118 stocks were hit by 52 weeks of money today while 35 stocks slipped to their 52-week low. Those who have scored their 52 -week Sto.
Stokes by looking at the pressure of sale
Shares found under significant sales pressure were Vodafone Idea, Credit Access Cess Rural, Apar Industries, GMR Infra, Godfrey Philips, Inventurus J Knowledge and the Market.
Sentiment meter bullish
Market feelings were booming. Of the 4,273 stocks trading on the BSE on Monday, 1,616 stocks saw a decline, 2,492 progressed, while 165 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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