Prior to the market: 10 things that will determine D-St action on Monday

Prior to the market: 10 things that will determine D-St action on Monday

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The Indian market ended lower on Friday and fell for a third consecutive session, dragged down by Reliance Industries after the annual shareholders’ meeting and further put under pressure by investors Onesse American rates for the Indian export that were rolled out earlier this week.

The BSE Sensex fell 270.92 points, or 0.34%, to end at 79,809.65, while the NSE Nifty 74.05 points, or 0.30%, decreased to settle on 24,426.85.

Here is how analysts read the market pulse:

Investor sentiment remained cautious when markets tried to digest the full impact of the American rate, and the persistence of this issue is likely to influence the future competitiveness of India’s export in some areas, said Vinod Nair, head of research at Geojit Investments.

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“In general, the market still regards the rate -related disruptions as temporary, and optimism depends on the progress in trade negotiations in the future. However, the lack of strong interaction between the two parties increases the uncertainty, which adds confusion to the market,” Nair said.


American markets

The S&P 500 withdrew from the record area on Friday, dragged lower due to losses in Dell, Nvidia and other artificial intelligence -related shares, while investors assess new inflation data that shows that rates have started to feed consumer prices. The Nasdaq composite fell 1.15% to 21,455.55, which reflected stronger pressure on technological shares, and the industrial average of Dow Jones dropped 0.20% to 45,544.88.

European markets

European markets ended lower Friday, with bank shares in the UK dragging the benchmark of the region to the weakest level in more than two weeks, because investors dissected economic signals from both sides of the Atlantic Ocean.

The Stoxx Europe 600 fell 0.6%and registered its first weekly decrease in a month. Sentiment was put under pressure by questions about the independence of the Federal Reserve and continuous political uncertainty in France. Despite the setback, the index still managed to achieve a second consecutive monthly profit.

Tech View

The Nifty fell below 100 EMA, which confirms a deeper bearish trend, Rupak said the senior technical analyst at LKP Securities, adding that the RSI is in a bearish crossover, indicating persistent weakness.

“In the short term, the trend can remain weak, so that the Nifty may be placed to the 200 DMA on 24,071. At the bottom, support is placed on 24,400/24,150, while the higher end is seen at 24,650. A” Sales on the rise “strategy remains preferred if the ins of the wise below 24,850,” the. “

Most active shares in terms of turnover

OLA Electric Mobility (RS 2,766 CRORE), RIL (RS 2,580 CRORE), Eternal (RS 1.948 CRORE), BSE (RS 1.734 CRORE), RBL Bank (RS 1,720 Crore), where Energies (RS 1,545 Crore) and Godfrey Phillips were under the most active Stocks 1,532 crore). BSE in value terms. Higher activity in a counter in value terms can help you identify the counters with the highest trade turnover in the day.

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Most active shares in volume terms

Vodafone Idea (Traded Shares: 72.06 CRORE), OLA Electric Mobility (Traded Shares: 49.69 CRORE), YES Bank (Traded Shares: 19.14 crore), Sammaan Capital (Traded Shares: 6.88 crore), Suzlon Energy: 6.61), and JP Power (Traded Shares: 6.57 Crore) Were Among The Most actively traded shares in volume terms on NSE.

Shares with buying interest

Shares of Granules India, Sammaan Capital, Nava Bharat, CG Power & Industrial Solutions, Creditaccess Grameen, RBL Bank and Godfrey Phillips belonged to the shares that witnessed a strong purchase interest rate of market participants.

52 weeks high

More than 99 shares are hitting their 52-week highs today, while 121 shares slid to their lows of 52 weeks. Among those who hit their 52-week highs, there were creditaccess grame and Dalmia Bharat.

Shares that see sales pressure

Stocks that witnessed considerable sales pressure were Vardhman textiles, Jindal Stestvrij, Idbi Bank, Swan Energy, BSE, TBO Tek and Welspun Corp.

Sentiment meter: Bearish

The market sentiments were Bearish. Of the 4,237 shares that were traded on the BSE on Friday, 2,317 shares declined, 1,777 saw progress, while 143 shares remained unchanged.

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(Disclaimer: recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)

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