The BSE Sensex was down 77.26 points or 0.09%, which closed at 81,373.75, while the NSE Nifty slipped at 34.10 points or 0.14%, which has settled at 24,716.60.
Here’s how analysts read the market pulse:
The local market continued its consolidation phase for the third consecutive week, influenced by potential tariff war and new concerns over geographical political tensions between Russia and Ukraine, Vinod Nair, the head of GeoGit investments, said, while global uncertainties have created a risk-based area. FMCG, real estate and financial stocks. ”
“Supported domestic macro indicators include potential RBI rate cuts, better monsoons, Q4 GDP data and better GST collection. Under the current market landscape, investors are adopting a cautious short-term strategy, focusing on local oriented and interesting areas,” Nayar said.
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Living events
US
President Donald Trump said the main index of Wall L Street plans to tariff on steel and aluminum imported on Monday, which led to the U.S. More uncertainty has been accelerated around trade policies.
Trump plans to increase the tariff on imported steel and aluminum by 50% from Wednesday night, when he accused China of violating the contract.
Shares of US steel companies have risen, with Claveland-Cliffs jumped 28.3%, 11.5% and steel mobility is 11.3% higher.
However, shares of automakers fell. Both Ford and General Motors were more than 4%.
European share
European stocks began on June June on the Duur note as US President Donald Trump was struggling with new tariff plans, threatening to rule a new wave of global trade tensions.
After recording about 4% gain in May, the continent-wide stocks 600 slid 0.1% on Monday.
On Friday, Trump said he plans to reduce the tariff on imported steel and aluminum 25% to 50%, in which the European Union said he was ready to take revenge.
ArcelorMittal and the epiram steel companies compared some losses and lower off negligently.
Technical view
Vatsal Bhuva, a technical analyst at LKP Securities, said that the Nifty continues to move to a narrow band between 24,500 and 25,000, which, despite the LKP Securities’ technical analyst Vatsal Bhuva, said that the gap was shut down on Monday. Is
“However, the negative diversion of the RSI and the bearish crossover reflects the weak motion. Immediate support is placed at 23,630 where its 20-day EMA is placed, while the position is at 24,500-224,550. The resistance level is 24,860 and 25,070.
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Most active stocks in terms of turnover
CDSL (Rs 3,283 crore), BSE (Rs 2,964 crore), Reliance Power (Rs 2,845 crore), State Bank India F India (Rs 2,191 crore), HDFC Bank (RS 1,399 crore) (RS 1,399 crore) (RS 1,399 crore) Shares on BSE 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
Yes Bank (traded shares: 55.62 crore), Vodafone Idea (traded shares: 50.03 crore), Reliance Power (traded shares: 46.42 crore), Suzlon Energy (traded shares: 17.35 crore), Niva Bupa Health Insurance (Trade Shares), 8.92 CR (Trade Shares) 8.61 crore) was one of the most actively traded stocks in volume terms on the NSE.
Stocks showing the purchase interest
Shares of Astrazenka Pharma, CDSL, Yes Bank, Sterling and Wilson Renewable Energy Raza, Karur Vaisya Bank, Brigade Enterprise and Reliance Power were in stocks that saw strong interest from market participants.
52 weeks
More than 122 stocks today hit a 52-week .This.
Stokes by looking at the pressure of sale
Shares of sale were significant sales pressure were Niva Bupa Health Insurance, MMTC, ITI Limited, INOX Wind, SAI Life Science, FSN E-Com (NYKA) and Swan Energy.
Neutral
Market sentiments were neutral. Of the 4,287 stocks trading on the BSE on Monday, 1,992 stocks saw a decline, 2,128 progressed, while 167 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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