Ahead of Market: 10 things that will decide stock market action on Monday

The Indian market ended in the red on Friday, dragged down by a combination of weak global cues, sustained foreign fund outflows, and renewed trade tensions after the U.S. imposed sweeping new tariffs on dozens of countries, including India.

The BSE Sensex shed 585.67 points, or 0.72%, to close at 80,599.91, while the NSE Nifty slipped 203 points, or 0.82%, to settle at 24,565.35.

Here's how analysts read the market pulse:

The Indian equity market extended its decline for a second day, pressured by renewed tariff threats and punitive duties that could undermine India’s global trade competitiveness, said Vinod Nair, Head of Research, Geojit Investments, adding that the investor sentiment weakened further as FIIs now hold the second-highest net short position in derivatives, reflecting elevated caution.

“Globally, markets turned negative amid rising U.S. inflation and trade tensions. While the sell-off was broad-based, FMCG stocks emerged as a defensive play, supported by attractive valuations, resilient demand, and relative immunity to external trade disruptions," said Nair.

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US markets

US stocks slumped on Friday, with the S&P 500 registering its sharpest daily decline in over two months, after the announcement of fresh tariffs on key trading partners and a weaker-than-expected jobs report unnerved markets.

The S&P 500 dropped 101.38 points, or 1.6%, to close at 6,238.01 , its steepest one-day fall since May 21. The tech-heavy Nasdaq Composite tumbled 472.32 points, or 2.24%, to 20,650.13, marking its largest daily percentage loss since April 21. The Dow Jones Industrial Average shed 542.40 points, or 1.23%, to end at 43,588.58.

European Markets

European stocks suffered their steepest one-day decline in more than three months on Friday, capping a turbulent week as investors digested the fallout from a new wave of US tariffs targeting dozens of countries, including a 39% levy on Swiss exports.

The region-wide Stoxx 600 fell 1.9%, notching its sharpest weekly drop since early April, when US President Donald Trump first escalated trade tensions with broad-based tariffs. The Euro Stoxx volatility index surged 4.25 points to a one-month high, reflecting heightened investor unease.

Tech View

The Nifty remains under pressure after failing to reclaim its 200-DMA on the hourly chart, despite a brief recovery on Thursday, said Rupak De, Senior Technical Analyst at LKP Securities, adding that the index also remained below the 50-EMA on the hourly time frame throughout Friday’s session.

“On the daily chart, it has broken below the recent consolidation support at 24,600. Sentiment remains weak, with the potential for the correction to extend towards 24,400–24,450. A further decline is likely if it slips below 24,400,” Rupak De noted.

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Most active stocks in terms of turnover

PNB Housing (Rs 2,717 crore), Netweb Technologies (Rs 2,241 crore), Suzlon Energy (Rs 1,851 crore), RIL (Rs 1,442 crore), Sun Pharma (Rs 1,433 crore), Kaynes Technology (Rs 1,311 crore) and Infosys (Rs 1,288 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: 49.63 crore), Suzlon Energy (Traded shares: 28.28 crore), Network18 Media (Traded shares: 7.82 crore), Sagility India (Traded shares: 7.06 crore), YES Bank (Traded shares: 5.82 crore), Ola Electric Mobility (Traded shares: 4.45 crore) and JP Power (Traded shares: 3.79 crore) were among the most actively traded stocks in volume terms on NSE.

Stocks showing buying interest

Shares of Suzlon Energy, Indegene, Netweb Technologies, GE T&D India, CCL Products, Zen Tech and TBO Tek were among the stocks that witnessed strong buying interest from market participants.

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52 Week high

Over 140 stocks hit their 52 week highs today while 80 stocks slipped to their 52-week lows.

Stocks seeing selling pressure

Stocks which witnessed significant selling pressure were PNB Housing, IIFL Finance, Graphite India, R R Kabel, GSK Pharma, HEG and Sonata Software.

Sentiment meter bearish

The market sentiments were bearish. Out of the 4,169 stocks that traded on the BSE on Friday, 2,796 stocks witnessed declines, 1,237 saw advances, while 136 stocks remained unchanged.

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