Next to the market: 10 items that will determine the stock market action on Wednesday

The Indian market ends almost flat on Tuesday after the initial loss, as the benefits in IT have declined counterbolt in consumers stocks. The market spirit was cautious amidst the constant concerns about weaker Corporate earnings, constant foreign flow and global trade concerns. Meanwhile, small APP and MIDKP stocks declined due to evaluation concerns.

The benchmark BSE Sensex closed at 29.47 points or 0.04% at 75,967.39, while the wider Nifty 50 index closed at 22,945.30, which is 14.20 points or 0.06%.

Here’s how analysts read the market pulse:

Vinod Nayar, a research head of GeoGit Financial Services, said that the domestic market has experienced both profits booking and bottom-fishing amid constant concerns about FII outflows and pressure on INR. About premium valuation.

“Meanwhile, India’s trade deficit has increased higher than expectations due to reducing local currency and rising goods prices. Nair said that investors are currently looking for deal-bar due to prices, but normal earnings growth and global uncertainties are hindering the pace, Nair said.

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US

Wall L Street stocks showed a mixed performance in trading early Tuesday, in which investors have made the U.S. It started a short week of the holiday as the treasury bond yields. Despite the increase, the S&P 500 is wrapped near fresh -time high.

The recent disruptions since 2022 have threatened their Ward’s observance, even after the markets have turned to record levels mostly. There are concerns about a potential global trade war, but Wall Street views tariffs as a negotiation tool, expecting minimal long -term effects on markets and broad economy.

European stocks

Investors, which were likely to rise in domestic military spending against the background of peace negotiations to end the Russia-Ukraine conflict, closed on European stocks on Tuesday.

Pan-European StokesX 600 index increased 0.3%, with Germany’s main stock index rising 0.2%.

German midcap stocks also increased by 0.5% at 2023 August Gust before the next elections. The United States and Russia said they agreed to end the war in Ukraine with efforts to end the war in Ukraine after the first negotiations in the Saudi capital, in which Kiev was not represented.

Technical view

LKP Senior technical analysts at Securities said, “In the short term, in the short term, the Nifty witnessed the second day of instability when the Nifty remained down. 23,150.

“Support is placed at 22,800, and the decline below this level can stimulate further improvement. Immediate resistance is placed at 23,000, “said De.

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Most active stocks in terms of turnover

Godfrey Philips (Rs 2,241.46 crore), ABB India (Rs 2,084.89 crore), HDFC Bank (Rs 1,407.07 crore), Bharti Airtel (1,256.63 crore), GSK Pharma (RS 1,195.70 CROR) and ICIC 1,010.67. Crores) The most active stocks on the NSE were 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: .2 33.5 crore), Yes Bank (traded shares: 71.7171 crore), Easy trip planners (traded shares: 30.301 crore), Suzlon Energy (traded shares: 89.8989 crore), Zomato (traded shares: 3.55 crores), breeding Mother’s International (Traded Shares: 2.95 crore) and JP Power (traded shares: 2.53 crore) were actively traded in terms of volume on the NSE.

Stocks showing the purchase interest

Shares of Gillet India, NLC India, Adani Wilmer, GSK Pharma, Therm AX Q, Chefler India and Gujarat Pipavav port were in stocks of strong buying interests from market participants.

52 weeks

In more than 51 stocks, they have reached 52 weeks.

Stokes by looking at the pressure of sale

The stocks that were found under significant pressure pressure were PTC Industries, ZF Commercial Vehicle Control Systems India, Carboardm Universal, Swan Energy, Data Pattern (India), Redington and Jyoti CNC Automation.

Spirit

The emotions of the market were bearish. Of the 4,064 stocks trading on the BSE on Tuesday, 2,979 stocks were down, 974 progress, while 111 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)