Ahead of Market: 10 things that will decide stock market action on Tuesday
Indian equities gained on Monday as cooling oil prices and positive global cues lifted sentiment. Sensex rose 564 points to 74,859, while Nifty gained 68 points to 23,414. Market capitalisation increased nearly Rs 2 lakh crore, despite mixed marke...
By Debaroti Adhikary, ETMarkets.com | Updated:
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Sensex surged 564 points and Nifty gained 68 points as cooling oil prices and global cues lifted sentiment, adding nearly Rs 2 lakh crore in market value.
The Indian stock market recorded gains on Monday as cooling oil prices, strong global cues and other factors boosted investor sentiment.
Sensex jumped 564 points to close near 74,859, while Nifty 50 gained around 68 points to end the session above 23,414. The sharp gains in the afternoon added nearly Rs 2 lakh crore to the total market capitalisation of all stocks listed on BSE, pulling it up to near Rs 482 lakh crore.
This comes after Sensex and Nifty saw divergence for two consecutive sessions, with Sensex closing in the red and Nifty in the green following sharp swings during the closing auction session (CAS). Notably, Sensex today recorded sharper gains than Nifty today, closing 0.76% higher while the latter gained only 0.29%.
Also read | RIL selloff wipes off Rs 4 lakh crore from market value as shares drop 21% in 2026 so far. Should you buy now?
Here's how analysts read the market pulse
"Improving sentiment ahead of the upcoming U.S.-China talks, renewed hopes of diplomatic engagement between the U.S. and Iran at the UN, and the decline in oil prices and bond yields have provided relief to investors. The easing of concerns around inflation and energy costs has supported a broad-based recovery across sectors and supported overall market sentiment. Furthermore, the earnings cycle appears to be turning positive, coupled with relatively attractive valuations in select pockets of the market, and continues to support a constructive medium-term outlook for equities. However, in the near term, geopolitical developments and interest-rate expectations will remain key variables influencing investor behaviour and market direction,” said Vinod Nair, Head of Research at Geojit Investments.
Also read | Why did market rise today? Sensex jumps 564 pts, Nifty closes above 23,400. 4 key factors driving the surge
US stocks
Wall Street's main indexes rose on Monday, powered by AI gains as Treasury yields eased and crude prices tumbled more than 3% to hit an 11-day low on hope of progress in Middle East negotiations during the UN meeting this week.
Doomsday warnings from the leaders of AI giants a week ago had led to a selloff, but the mood seemed lighter as investors focused on signs that spending on developing the technology was still expanding.
Chip companies such as Intel rose 9%. Advanced Micro Devices surged 8.5% to become the latest chipmaker to reach $1 trillion in market valuation and Micron also gained 3%.
European markets
A rally in heavyweight banks and technology stocks lifted European shares on Monday, while oil prices slumped for the fourth consecutive session, boosting broader risk sentiment.
The pan-European STOXX 600 closed 1% higher, marking its biggest one-day jump since July 2. Most regional bourses also ended higher.
Bank stocks were among the biggest gainers, up 1.7%. Societe Generale gained 1.7% and Banco BPM was up 4.3%, with the latter rising after media speculation about UniCredit and Credit Agricole reportedly assessing a joint move on the Italian lender.
Technology stocks advanced 1.7%, as renewed appetite for AI lifted chip-linked stocks such as Soitec and Aixtron.
However, energy stocks slipped 0.8% as Brent crude futures headed for their longest streak of daily losses since June, after reports suggested more-than-expected supply was leaving the Gulf despite the ongoing Iran conflict.
Germany's DAX rose 1.1%, with investors digesting the results of state elections in northeastern Germany, where projections showed the far-right Alternative for Germany emerging as the largest party.
Sweden's Nordnet advanced 5.7% after the digital bank and online brokerage platform announced a buyback programme.
Most active stocks in terms of turnover
Lenskart Solutions (Rs 3,072 crore), HDFC Bank (Rs 2,622 crore), BSE (Rs 2,129 crore), Bharti Airtel (Rs 1,781 crore), RIL (Rs 1,242 crore), JP Power (Rs 990 crore) and Tega Industries (Rs 958 crore) were among the most active stocks on NSE in value terms. Higher activity in a counter in value terms can help identify the counters with the highest trading turnovers in the day.
Most active stocks in volume terms
JP Power (Traded shares: 58.79 crore), Vodafone Idea (Traded shares: 29.86 crore), Yes Bank (Traded shares: 5.28 crore), IFCI (Traded shares: 4.81 crore), Lenskart Solutions (Traded shares: 4.49 crore), HDFC Bank (Traded shares: 3.55 crore) and Ola Electric Mobility (Traded shares: 3.29 crore) were among the most actively traded stocks in volume terms on NSE.
Stocks showing buying interest
Tega Industries, Patanjali Foods, JP Power, Engineers India, Jyoti CNC Automation, Mankind Pharma and Concord Biotech were among the stocks that witnessed strong buying interest from market participants.
52-week high
Among the ones which hit their 52-week highs on NSE included Tega Industries, Jyoti CNC Automation, Usha Martin, ACME Solar Holdings, Aegis Logistics, Welspun Corp and Laurus Labs.
Stocks seeing selling pressure
Stocks which witnessed significant selling pressure were Oracle, Minda Industries, Vardhman Textiles, APL Apollo Tube, Anupam Rasayan India, Bikaji Foods International and Kfin Tech.
52-week low
Among the ones which hit their 52-week lows on NSE included IRB Infra Developers, Gillette India, Aditya Birla Lifestyle, Bayer Cropsciences, Tata Elxsi, KPIT Tech and Go Digit General Insurance.
Also read | Warren Buffett once called derivatives time bombs, then bet $40 billion on them. What this says about the legendary investor
Sentiment meter favours bears
Out of the 3,705 stocks that traded on the NSE on September 21, Monday, 1,735 stocks witnessed advances, 1,858 stocks saw declines while 112 stocks remained unchanged.
Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.
Sensex jumped 564 points to close near 74,859, while Nifty 50 gained around 68 points to end the session above 23,414. The sharp gains in the afternoon added nearly Rs 2 lakh crore to the total market capitalisation of all stocks listed on BSE, pulling it up to near Rs 482 lakh crore.
This comes after Sensex and Nifty saw divergence for two consecutive sessions, with Sensex closing in the red and Nifty in the green following sharp swings during the closing auction session (CAS). Notably, Sensex today recorded sharper gains than Nifty today, closing 0.76% higher while the latter gained only 0.29%.
Also read | RIL selloff wipes off Rs 4 lakh crore from market value as shares drop 21% in 2026 so far. Should you buy now?
Here's how analysts read the market pulse
"Improving sentiment ahead of the upcoming U.S.-China talks, renewed hopes of diplomatic engagement between the U.S. and Iran at the UN, and the decline in oil prices and bond yields have provided relief to investors. The easing of concerns around inflation and energy costs has supported a broad-based recovery across sectors and supported overall market sentiment. Furthermore, the earnings cycle appears to be turning positive, coupled with relatively attractive valuations in select pockets of the market, and continues to support a constructive medium-term outlook for equities. However, in the near term, geopolitical developments and interest-rate expectations will remain key variables influencing investor behaviour and market direction,” said Vinod Nair, Head of Research at Geojit Investments.
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Also read | Why did market rise today? Sensex jumps 564 pts, Nifty closes above 23,400. 4 key factors driving the surge
US stocks
Wall Street's main indexes rose on Monday, powered by AI gains as Treasury yields eased and crude prices tumbled more than 3% to hit an 11-day low on hope of progress in Middle East negotiations during the UN meeting this week.
Doomsday warnings from the leaders of AI giants a week ago had led to a selloff, but the mood seemed lighter as investors focused on signs that spending on developing the technology was still expanding.
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Chip companies such as Intel rose 9%. Advanced Micro Devices surged 8.5% to become the latest chipmaker to reach $1 trillion in market valuation and Micron also gained 3%.
European markets
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A rally in heavyweight banks and technology stocks lifted European shares on Monday, while oil prices slumped for the fourth consecutive session, boosting broader risk sentiment.
The pan-European STOXX 600 closed 1% higher, marking its biggest one-day jump since July 2. Most regional bourses also ended higher.
Bank stocks were among the biggest gainers, up 1.7%. Societe Generale gained 1.7% and Banco BPM was up 4.3%, with the latter rising after media speculation about UniCredit and Credit Agricole reportedly assessing a joint move on the Italian lender.
Technology stocks advanced 1.7%, as renewed appetite for AI lifted chip-linked stocks such as Soitec and Aixtron.
However, energy stocks slipped 0.8% as Brent crude futures headed for their longest streak of daily losses since June, after reports suggested more-than-expected supply was leaving the Gulf despite the ongoing Iran conflict.
Germany's DAX rose 1.1%, with investors digesting the results of state elections in northeastern Germany, where projections showed the far-right Alternative for Germany emerging as the largest party.
Sweden's Nordnet advanced 5.7% after the digital bank and online brokerage platform announced a buyback programme.
Most active stocks in terms of turnover
Lenskart Solutions (Rs 3,072 crore), HDFC Bank (Rs 2,622 crore), BSE (Rs 2,129 crore), Bharti Airtel (Rs 1,781 crore), RIL (Rs 1,242 crore), JP Power (Rs 990 crore) and Tega Industries (Rs 958 crore) were among the most active stocks on NSE in value terms. Higher activity in a counter in value terms can help identify the counters with the highest trading turnovers in the day.
Most active stocks in volume terms
JP Power (Traded shares: 58.79 crore), Vodafone Idea (Traded shares: 29.86 crore), Yes Bank (Traded shares: 5.28 crore), IFCI (Traded shares: 4.81 crore), Lenskart Solutions (Traded shares: 4.49 crore), HDFC Bank (Traded shares: 3.55 crore) and Ola Electric Mobility (Traded shares: 3.29 crore) were among the most actively traded stocks in volume terms on NSE.
Stocks showing buying interest
Tega Industries, Patanjali Foods, JP Power, Engineers India, Jyoti CNC Automation, Mankind Pharma and Concord Biotech were among the stocks that witnessed strong buying interest from market participants.
52-week high
Among the ones which hit their 52-week highs on NSE included Tega Industries, Jyoti CNC Automation, Usha Martin, ACME Solar Holdings, Aegis Logistics, Welspun Corp and Laurus Labs.
Stocks seeing selling pressure
Stocks which witnessed significant selling pressure were Oracle, Minda Industries, Vardhman Textiles, APL Apollo Tube, Anupam Rasayan India, Bikaji Foods International and Kfin Tech.
52-week low
Among the ones which hit their 52-week lows on NSE included IRB Infra Developers, Gillette India, Aditya Birla Lifestyle, Bayer Cropsciences, Tata Elxsi, KPIT Tech and Go Digit General Insurance.
Also read | Warren Buffett once called derivatives time bombs, then bet $40 billion on them. What this says about the legendary investor
Sentiment meter favours bears
Out of the 3,705 stocks that traded on the NSE on September 21, Monday, 1,735 stocks witnessed advances, 1,858 stocks saw declines while 112 stocks remained unchanged.
Disclaimer: This article has been written by Debaroti Adhikary, who is not a SEBI-registered Research Analyst or an Investment Adviser. Debaroti Adhikary and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here.
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