This is how analysts read the market pulse:
Indian markets have continued their year-end rally, supported by strong liquidity and global cues, as expectations of further Fed easing in 2026 continue to support growth, said Vinod Nair, head of research at Geojit Investments. He adds that financials have become net buyers, reinforcing the positive tone, with IT and metals leading gains.”Gold hit an all-time high, driven by interest rate cut expectations, robust central bank buying, continued ETF inflows and heightened global tensions, including the Ukrainian attack on a Russian ship. Investors now await the third quarter GDP estimate for clarity on policy, with consensus pointing to resilient growth. However, caution remains amid limited progress on trade talks, geopolitical uncertainties and crude oil volatility,” Nair said.
Also read | 5 Wall Street Moguls Who Dismissed Bitcoin as a Fad – Guess What They’re Saying Now!
American markets
US stocks started the shortened holiday week on a positive note, while technology stocks continued to rise on renewed enthusiasm about artificial intelligence as investors awaited key economic data later this week.
A rally in tech stocks that started late last week, driven by Micron Technology’s blowout forecasts and a favorable inflation report, has left the S&P 500 and the Dow about 1% away from their Dec. 11 record peaks.
European markets
European shares traded slightly lower on Monday as technology and commodities shares offset declines elsewhere, while investors opened a holiday-shortened week on a tepid note after Friday’s record close.
The pan-European STOXX 600 fell 0.1% to 586.86 at 0928 GMT. Key regional markets were lower, with London and France down 0.4 and 0.2% respectively.
The STOXX 600 gained more than ‌1% last week after a slowdown in US consumer price inflation boosted expectations for additional interest rate cuts from the Federal Reserve, while the European Central Bank maintained policy rates and took a more positive view of the eurozone economy.
Technical view
The Nifty continues to rise after a falling wedge breakout, indicating improving bullish sentiment in the near term, said Rupak De, Senior Technical Analyst at LKP Securities. He added that the daily-term RSI has caused a downward consolidation breakout, indicating strong positive momentum in the market.
“The trend is likely to favor the bulls as long as the index remains above 25,900, making a buy-on-dips strategy favourable. On the higher side, 26,315 could act as immediate resistance, above which a further rally could unfold,” De said.
Also read | Warren Buffett’s Biggest Investment Isn’t Apple, BofA or Coca-Cola – It’s a Stock Hidden in Plain Sight
Most active stocks in terms of turnover
Infosys (Rs 3,887 crore), Shriram Finance (Rs 2,982 crore), Jupiter Wagons (Rs 2,208 crore), Bharti Airtel (Rs 1,640 crore), RIL (Rs 1,601 crore), BSE (Rs 1,349 crore) and HDFC Bank (Rs 1,337 crore) were among the most active stocks by value on BSE. Higher activity in a counter in terms of value can help identify the counters with the highest trading turnover per day.
Most active stocks by volume
Vodafone Idea (shares traded: Rs 104.26 crore), Ola Electric Mobility (shares traded: Rs 14.23 crore), Reliance Power (shares traded: Rs 8.79 crore), Jupiter Wagons (shares traded: Rs 7.4 crore), YES Bank (shares traded: Rs 4 crore), Suzlon Energy (shares traded: Rs 3.89 crore) and Shriram Finance (shares traded: Rs 3.18 crore). crore) were among the most actively traded stocks on NSE by volume.
Stocks that show buying interest
Shares of Jupiter Wagons, Cochin Shipyard, Devyani International, Ramkrishna Forgings, Solar Industries India, GE Vernova T&D India and Mazagon Dock Ship were among the stocks that witnessed strong buying interest from market participants.
Also read | Tata Motors Commercial Vehicles shifts into top gear on debut after demerger. Here are 7 takeaways from the list
52 Week High
More than 143 stocks hit their 52-week highs today, while 129 stocks fell to their 52-week lows. Tata Motors CV and Maruti Suzuki were among those that hit 52-week highs.
Stocks see selling pressure
Stocks that witnessed significant selling pressure were Reliance Power, Hexaware Technologies, Siemens Energy India, Cholamandalam Investment & Finance Company, Dixon Technologies (India), Home First Finance Company India and Motherson Sumi Wiring India.
Sentiment meter bullish
Market sentiment was bullish. Of the 4,501 shares traded on the BSE on Monday, 1,515 shares witnessed a decline, 2,794 a rise, while 192 shares remained unchanged.
Also read | Ola Electric vs Ather Energy shares: Which EV bet looks best for your portfolio right now?
(Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of the Economic Times)
#Ahead #Market #Determine #Stock #Market #Action #Tuesday