10 things that will decide D-Street action on Tuesday

The Indian market ended higher Monday, lifted by IT shares after Federal Reserve Chair Jerome Powell signaled the U.S. central bank could cut interest rates as soon as next month.

The BSE Sensex rose 329.06 points, or 0.40%, to finish at 81,635.91, while the NSE Nifty gained 97.65 points, or 0.39%, to settle at 24,967.75.

Here's how analysts read the market pulse:
A wave of optimism swept through the domestic market, driven by expectations of a Fed rate cut in September and a subsequent decline in the US 10-year yield, said Vinod Nair, Head of Research at Geojit Investments, adding that the IT index outperformed, buoyed by favourable global sentiment.

"The domestic levers stay positive with the proposed GST rationalisation to push consumption demand, and a good monsoon season could serve as a catalyst to navigate any uncertainty in the global trade environment," said Nair.

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 were mixed on Monday as investors weighed U.S. Federal Reserve Chair Jerome Powell's hints of a near-term interest-rate cut and looked ahead to AI leader Nvidia's quarterly earnings later in the week.

Markets took a pause from a rally late last week, when Powell hinted that an interest-rate cut could be considered at the central bank's September meeting, citing recent labor market weakness.

The Personal Consumption Expenditures Price index - the Fed's preferred inflation gauge - is due to be released on Friday, while official nonfarm payrolls data is expected next week. The reports will be crucial, especially after Powell said a dovish verdict was not a certainty.

European Markets
European shares closed lower on Monday, giving back Friday's gains on optimism around U.S. monetary policy easing, while JDE Peet's soared on a buyout deal.

European markets came under pressure following Friday's surge when U.S. Federal Reserve Chair Jerome Powell pointed to a possible interest rate cut next month, citing rising risks to the job market.

The pan-European STOXX 600 index closed 0.4% lower in its worst day in over three weeks but was about 1% away from record highs.

Germany's DAX dropped 0.4% and France's CAC 40 slid 1.6%. The UK market was closed for a public holiday.

Tech View

On a technical basis, the Nifty fell short of the 25,000 mark, closing slightly below it, said Rupak De, Senior Technical Analyst at LKP Securities, adding that the sentiment remains positive as long as the index holds above 24,800.

"In the near term, particularly on Tuesday, the Indian market may trade sideways as traders await the final verdict on Trump’s additional 25% tariff decision on 27th August. The Nifty is expected to remain within the range of 24,800–25,150 before any decisive directional move," 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
HDFC Bank (Rs 1,952 crore), Infosys (Rs 1,636 crore), Ola Electric Mobility (Rs 1,266 crore), TCS (Rs 1,081 crore), Action Construction (Rs 965 crore), ICICI Bank (Rs 964 crore) and

BSE (Rs 917 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: 116.62 crore), Ola Electric Mobility (Traded shares: 26.20 crore), YES Bank (Traded shares: 25.47 crore), Suzlon Energy (Traded shares: 5.50 crore), Sagility India (Traded shares: 3.18 crore), Aditya Birla Fashion and Retail (Traded shares: 3.07 crore) and Eternal (Traded shares: 2.09 crore) and were among the most actively traded stocks in volume terms on NSE.

Stocks showing buying interest
Shares of Action Construction, eClerx Services, Newgen Software, Kirloskar Brothers, Vodafone Idea, Jubilant Food and Hyundai Motor India were among the stocks that witnessed strong buying interest from market participants.

Also read | Reliance Jio, NSE IPOs coming soon? Sebi clears roadblock for mega multi-billion dollar listings

52 Week high
Over 164 stocks hit their 52 week highs today while 84 stocks slipped to their 52-week lows. Among the ones which hit their 52 week highs included Maruti Suzuki and FSN E-Comm (Nykaa).

Stocks seeing selling pressure
Stocks which witnessed significant selling pressure were Sundaram Finance, Reliance Power, Emami, Pfizer, City Union Bank, Rainbow Childrens and Angel One.

Sentiment meter bearish
The market sentiments were bearish. Out of the 4,386 stocks that traded on the BSE on Monday, 2,237 stocks witnessed declines, 1,948 saw advances, while 201 stocks remained unchanged.

Also read | Bajaj Finance shares up 30% in 2025 so far. Can GST reform tailwinds push the stock past Rs 1,000?

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