10 things that will decide D-Street action on Tuesday

The Indian stock market ended higher on Monday, supported by advances in heavyweights HDFC Bank and Reliance Industries Ltd (RIL), as easing global trade tensions, steady foreign inflows, and a decline in crude oil prices fuelled investor sentiment.

The benchmark BSE Sensex added 294.85 points or 0.37% to close at 80,796.84, while the broader Nifty 50 index closed at 24,461.15, higher by 114.45 points or 0.47%.

Here's how analysts read the market pulse:
The market has sustained its positive momentum, though the level of optimism has decreased, said Vinod Nair, Head of Research, Geojit Investments, adding that "continued foreign inflows and record GST collections in April indicate resilience in economic activity, fostering mild hopefulness."

"A weak dollar and a decline in oil prices have further bolstered FII sentiment. However, the market's momentum is moderating, with action shifting from broad-based movements to stock and sector-specific trends based on results," said Nair.

"Over the past month, the broad market has recouped more than 50% of the losses incurred during the consolidation period from September 2024 to March 2025. Q4 results to date have been sluggish, and there is a thin layer of caution due to border tensions, which could have a short-term impact on the market," Nair said.

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US markets
Wall Street's main indexes fell on Monday after U.S. President Donald Trump rekindled worries about the fallout of a global trade war by introducing new tariffs, while focus remained on the Federal Reserve's monetary policy decision later this week.On Sunday, Trump announced a 100% tariff on movies produced outside the U.S. but offered little clarity on how the levies would be implemented.

Movie and television production companies that film overseas fell. Netflix was down 2.2% and Amazon.com fell 1.9%, while Warner Bros. Discovery and Paramount fell 1.3% and 1.4%, respectively.

Separately, class B shares of Warren Buffett's Berkshire Hathaway were down 6.2% after the investor said he will step down as CEO of the conglomerate, with the stock weighing on the S&P 500 financials sector.

European Stocks
European shares extended their winning streak on Monday, with investors focussing on developments from the trade war alongside the U.S. Federal Reserve's policy meeting later this week.

The pan-European STOXX 600 index ended 0.2% higher to mark its 10th consecutive session of gains, its longest winning streak since August 2021.

Germany's main stock index jumped 1.3% to end near an all-time high. Other local bourses also ended in green, except France's CAC 40, which slipped 0.5%. London markets were shut for a bank holiday.

On STOXX 600, insurers led sectoral gains and added 1.1%, while real estate gained 0.8% on Monday. Also helping was the European aerospace and defence index, rising over 1%, and financials gaining 0.7%.

Tech View
The Nifty index continues to trade within a narrow range of 24,200 to 25,500, with firm support at the 24,200–24,250 zone and resistance around 24,500–24,550, said Vatsal Bhuva, Technical Analyst at LKP Securities, adding that "while a decisive breakout above 24,550 could spark bullish momentum towards 25,000, Monday’s small-bodied candlestick suggests that short-term consolidation may persist."

"The index is holding above its rising 10-day EMA, reflecting a positive near-term trend. With the RSI in a bullish crossover, underlying strength remains intact. The outlook stays bullish as long as Nifty sustains above 24,200, though a strong close above 24,550 is essential for confirmation," said Bhuva.

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Most active stocks in terms of turnover
Adani Ports SEZ (Rs 1,903 crore), State Bank of India (Rs 1,894 crore), Kotak Mahindra Bank (Rs 1,839 crore), Reliance Industries Ltd (Rs 1,817 crore), Adani Power (Rs 1,536 crore), Swiggy (Rs 1,483 crore) and HDFC Bank (Rs 1,462 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: 31.63 crore), YES Bank (Traded shares: 4.93 crore), Indian Oil Corp (Traded shares: 4.75 crore), Vishal Mega Mart (Traded shares: 4.62 crore), Swiggy (Traded shares: 4.46 crore), Eternal (Traded shares: 3.79 crore) and Reliance Power (Traded shares: 3.44 crore) were among the most actively traded stocks in volume terms on NSE.

Stocks showing buying interest
Shares of R R Kabel, Netweb Technologies, Swiggy, Adani Total Gas, Motilal Oswal, JBM Auto and Adani Enterprises were among the stocks that witnessed strong buying interest from market participants.

52 Week high
Over 78 stocks hit their 75 week highs today while 63 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 Kotak Mahindra Bank, Jindal Saw, KFIN Technologies, Concord Biotech, Timken India, Nuvama Wealth Management and Orient Refractories.

Sentiment meter bullish
The market sentiments were bullish. Out of the 4,202 stocks that traded on the BSE on Monday, 1,460 stocks witnessed declines, 2,562 saw advances, while 180 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)