rewrite this title and make it good for SEOAhead of Market: 10 things that will decide stock market action on Monday

The Indian market ended lower on Friday, weighed down by a pull-back in high-weight financial and information technology stocks following a rally earlier in the week.

The BSE Sensex shed 200.15, or 0.24%, to close at 82,330.59, while the NSE Nifty declined 42.30 points, or 0.17%, to settle at 25,019.80.

Here’s how analysts read the market pulse:

The market witnessed mild profit booking following a sharp rally in the previous session but despite this, investor sentiment remained upbeat, with sustained momentum in mid-cap and small-cap stocks, as well as rate-sensitive sectors such as real estate, NBFCs, automobiles, and consumer durables, said Vinod Nair, Head of Research at Geojit Investments, adding that defence stocks also continued their upward trajectory, supported by a strong sectoral outlook.

“Optimism is being fuelled by expectations of imminent resolutions in US-China and India-U.S. trade relations, which are easing concerns over potential economic fallout,” said Nair.

Additionally, softening crude oil prices, moderating inflation, and growing anticipation of interest rate cuts are reinforcing confidence in the economic growth outlook, driving a broad-based market resurgence, said Nair, adding that institutional flows remain robust, with both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) contributing to market stability and resilience.

Also read | 5 Wall Street moguls who dismissed Bitcoin as a fad — Guess what they’re saying now!

US markets

Wall Street’s main indexes extended their winning streak to a fifth straight session on Friday, lifted by optimism over the U.S.-China tariff truce earlier in the week, even as consumer sentiment data pointed to a weakening outlook.The Dow Jones Industrial Average climbed 331.99 points, or 0.78%, to close at 42,654.74. The S&P 500 advanced 41.45 points, or 0.70%, to finish at 5,958.38, while the Nasdaq Composite added 98.78 points, or 0.52%, ending the day at 19,211.10.

European Markets

European shares notched their fifth consecutive weekly gain on Friday, buoyed by easing tariff concerns following U.S. trade agreements and a solid run of corporate earnings.

The pan-European STOXX 600 index rose 0.4%, with most major local markets also closing higher. Germany’s benchmark index hovered just below record levels, adding to the upbeat tone across the region.

Tech View

The Nifty remained in consolidation mode today, taking a breather after Thursday’s rally with overall sentiment continuing to stay firm, with sectoral themes playing out, said Rupak De, Senior Technical Analyst at LKP Securities.

“Indicators and overlays are consistently pointing towards further strength in the short term. Any dips are likely to be bought into, with support placed at 25,000/24,800. On the higher side, a move above 25,120 could take the index towards 25,250/25,350,” said De.

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

Bharti Airtel (Rs 18,272 crore), Cochin Shipyard (Rs 6,720 crore), Mazagon Dock Shipbuilders (Rs 5,692 crore), GRSE (Rs 3,556 crore), Hindustan Aeronautics Ltd (Rs 3,422 crore), BEL (Rs 2,499 crore) and IndusInd Bank (Rs 2,085 crore) were among the most active stocks on BSE in value terms. Higher activity in a counter in value terms can help identify the counters with highest trading turnovers in the day.

Most active stocks in volume terms

Vodafone Idea (Traded shares: 68.06 crore), YES Bank (Traded shares: 19.34 crore), Bharti Airtel (Traded shares: 10.06 crore), IRFC (Traded shares: 8.54 crore), IFCI (Traded shares: 8.37 crore), Suzlon Energy (Traded shares: 7.78, crore) and BEL (Traded shares: 6.88 crore) were among the most actively traded stocks in volume terms on NSE.

Stocks showing buying interest

Shares of IFCI, Rites, Titagarh Wagons, Cochin Shipyard, Mazagon Dock Shipbuilders, GRSE and SCI were among the stocks that witnessed strong buying interest from market participants.

52-week high

Over 83 stocks hit their 52 week highs today while 27 stocks slipped to their 52-week lows. Among the ones which hit their 52 week highs included ICICI Bank.

Stocks seeing selling pressure

Stocks which witnessed significant selling pressure were Neuland Labs, Glenmark Life, Godfrey Philips, Global Health, JSW Infrastructure, Bharti Airtel and Saregama India.

Sentiment meter bullish

The market sentiments were bullish. Out of the 4,126 stocks that traded on the BSE on Friday, 1,380 stocks witnessed declines, 2,607 saw advances, while 139 stocks remained unchanged.

Also read | Which companies have large exposure to Pakistan bordering states? CLSA analyses retaliation risk

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)