The Indian stock market, including the BSE and the National Stock Exchange (NSE), remained closed on Monday in observance of Dr. B.R. Ambedkar Jayanti 2025.
On Friday, Indian benchmark indices declined for a second straight week, weighed down by uncertainty stemming from U.S. President Donald Trump's shifting trade policies. However, the markets recovered most of their weekly losses after Trump announced a 90-day delay on imposing steep "retaliatory" tariffs—excluding China—prompting a rebound.
The benchmark BSE Sensex gained 1310.11 points or 1.77% to close at 75,157.26, while the broader Nifty 50 index closed at 22,828.55, higher by 429.40 points or 1.92%. Both the indices ended the week 0.3% lower.
Here's how analysts read the market pulse:
An unexpected pause on reciprocal tariffs by the U.S. provided relief in the midst of the uncertainty, said Vinod Nair, Head of Research at Geojit Investments, adding that even though the IT major’s result missed the street estimates, it opines optimism in the latter half of FY26 owing to growth in the order book.
“Any development in the bilateral trade negotiations can alter the near-term outlook on the export-driven sectors. The supportive domestic environment with an ease in interest rates and a benign inflation trajectory is encouraging investors to have a balanced portfolio to aid in a better risk-reward in the long term," said Nair.
“The Indian market finally closed with a positive bias after a very volatile week… the market has entered the result season with a subdued expectation,” said Nair, adding that “looking ahead, we expect inflation is likely to moderate further on account of cooling food prices and would give room for RBI to remain accommodative. We expect caution is likely to prevail due to the holiday-led truncated week."
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US markets
Wall Street's main indexes pared early gains to trade flat on Monday as an early rally in technology stocks after the White House exempted smartphones and computers from new tariffs gave way to worries about economic growth and future levies.
The United States unveiled the exemptions on Friday, but President Donald Trump said he would announce tariff rates for imported semiconductors later in the week.
The exempted tech products will face new duties within the next two months, U.S. Commerce Secretary Howard Lutnick said. These product categories make up about 20% of U.S. imports from China, according to Deutsche Bank.
Indexes had jumped at the open, with the tech-heavy Nasdaq up over 2%, but they pared gains by late morning.
European Markets
European shares closed higher in broad-based gains on Monday, as risk sentiment swelled after U.S. President Donald Trump granted tariff exclusions on smartphones and computers imported from China, bringing some respite after weeks of turmoil.
The pan-European STOXX 600 ended 2.7% higher after registering its third consecutive week in the red on Friday, with more than 96% of the constituents clocking gains.
All regional indexes recorded gains, with trade-exposed Germany up 2.9%, while France, Spain, and Britain also registered gains of more than 2%.
Weeks of back-and-forth over tariffs have rattled global markets, dragging the benchmark index down roughly 11% from its record closing high.
Tech View
The Nifty faced resistance around the 21-EMA on the daily timeframe, leading to a close off the day’s high, said Rupak De, Senior Technical Analyst at LKP Securities that the trend appears bearish unless it decisively moves above 23,000, where significant open interest has been added.
“On the downside, support is placed at 22,750; a break below this level could intensify the bearish sentiment. Conversely, a decisive move above 23,000 may trigger a rally towards 23,500, as suggested by the positive divergence in the RSI," said De.
Also read | Explained: Why banks are flying gold worth billions from London to New York amid Trump tariff fears
Most active stocks in terms of turnover
HDFC Bank (Rs 2,955 crore), TCS (Rs 2,305 crore), Infosys (Rs 1,782 crore), ICICI Bank (Rs 1,717 crore), BSE (Rs 1,495 crore), Bharti Airtel (Rs 1,465 crore) and Dixon Technologies (Rs 1,443 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: 60.77 crore), Tata Steel (Traded shares: 7.37 crore), YES Bank (Traded shares: 5.25 crore), Suzlon Energy (Traded shares: 4.95 crore), GMR Infra (Traded shares: 3.16 crore), IDFC First Bank (Traded shares: 3.04 crore) and Zomato (Traded shares: 2.89 crore) were among the most actively traded stocks in volume terms on NSE.
Stocks showing buying interest
Shares of Gravita India, Sarda Energy, Jubilant Life, Syrma SGS Technology, LT Foods, Atul and Wockhardt were among the stocks that witnessed strong buying interest from market participants.
52 Week high
Over 66 stocks hit their 52 week highs today while 41 stocks slipped to their 52-week lows.
Stocks seeing selling pressure
Stocks which witnessed significant selling pressure were Muthoot Finance, ICICI Lombard, Jyothy Labs, Max Healthcare, ICICI Prudential Life Insurance, KFIN Technologies and Sundaram Finance.
Sentiment meter bearish
The market sentiments were bearish. Out of the 4,079 stocks that traded on the BSE on Friday, 885 stocks witnessed declines, 3,084 saw advances, while 110 stocks remained unchanged.
Also read | Trump’s tariff bombshell sparks US recession fears—Will India pay the price?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
On Friday, Indian benchmark indices declined for a second straight week, weighed down by uncertainty stemming from U.S. President Donald Trump's shifting trade policies. However, the markets recovered most of their weekly losses after Trump announced a 90-day delay on imposing steep "retaliatory" tariffs—excluding China—prompting a rebound.
The benchmark BSE Sensex gained 1310.11 points or 1.77% to close at 75,157.26, while the broader Nifty 50 index closed at 22,828.55, higher by 429.40 points or 1.92%. Both the indices ended the week 0.3% lower.
Here's how analysts read the market pulse:
An unexpected pause on reciprocal tariffs by the U.S. provided relief in the midst of the uncertainty, said Vinod Nair, Head of Research at Geojit Investments, adding that even though the IT major’s result missed the street estimates, it opines optimism in the latter half of FY26 owing to growth in the order book.
“Any development in the bilateral trade negotiations can alter the near-term outlook on the export-driven sectors. The supportive domestic environment with an ease in interest rates and a benign inflation trajectory is encouraging investors to have a balanced portfolio to aid in a better risk-reward in the long term," said Nair.
“The Indian market finally closed with a positive bias after a very volatile week… the market has entered the result season with a subdued expectation,” said Nair, adding that “looking ahead, we expect inflation is likely to moderate further on account of cooling food prices and would give room for RBI to remain accommodative. We expect caution is likely to prevail due to the holiday-led truncated week."
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 pared early gains to trade flat on Monday as an early rally in technology stocks after the White House exempted smartphones and computers from new tariffs gave way to worries about economic growth and future levies.
The United States unveiled the exemptions on Friday, but President Donald Trump said he would announce tariff rates for imported semiconductors later in the week.
The exempted tech products will face new duties within the next two months, U.S. Commerce Secretary Howard Lutnick said. These product categories make up about 20% of U.S. imports from China, according to Deutsche Bank.
Indexes had jumped at the open, with the tech-heavy Nasdaq up over 2%, but they pared gains by late morning.
European Markets
European shares closed higher in broad-based gains on Monday, as risk sentiment swelled after U.S. President Donald Trump granted tariff exclusions on smartphones and computers imported from China, bringing some respite after weeks of turmoil.
The pan-European STOXX 600 ended 2.7% higher after registering its third consecutive week in the red on Friday, with more than 96% of the constituents clocking gains.
All regional indexes recorded gains, with trade-exposed Germany up 2.9%, while France, Spain, and Britain also registered gains of more than 2%.
Weeks of back-and-forth over tariffs have rattled global markets, dragging the benchmark index down roughly 11% from its record closing high.
Tech View
The Nifty faced resistance around the 21-EMA on the daily timeframe, leading to a close off the day’s high, said Rupak De, Senior Technical Analyst at LKP Securities that the trend appears bearish unless it decisively moves above 23,000, where significant open interest has been added.
“On the downside, support is placed at 22,750; a break below this level could intensify the bearish sentiment. Conversely, a decisive move above 23,000 may trigger a rally towards 23,500, as suggested by the positive divergence in the RSI," said De.
Also read | Explained: Why banks are flying gold worth billions from London to New York amid Trump tariff fears
Most active stocks in terms of turnover
HDFC Bank (Rs 2,955 crore), TCS (Rs 2,305 crore), Infosys (Rs 1,782 crore), ICICI Bank (Rs 1,717 crore), BSE (Rs 1,495 crore), Bharti Airtel (Rs 1,465 crore) and Dixon Technologies (Rs 1,443 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: 60.77 crore), Tata Steel (Traded shares: 7.37 crore), YES Bank (Traded shares: 5.25 crore), Suzlon Energy (Traded shares: 4.95 crore), GMR Infra (Traded shares: 3.16 crore), IDFC First Bank (Traded shares: 3.04 crore) and Zomato (Traded shares: 2.89 crore) were among the most actively traded stocks in volume terms on NSE.
Stocks showing buying interest
Shares of Gravita India, Sarda Energy, Jubilant Life, Syrma SGS Technology, LT Foods, Atul and Wockhardt were among the stocks that witnessed strong buying interest from market participants.
52 Week high
Over 66 stocks hit their 52 week highs today while 41 stocks slipped to their 52-week lows.
Stocks seeing selling pressure
Stocks which witnessed significant selling pressure were Muthoot Finance, ICICI Lombard, Jyothy Labs, Max Healthcare, ICICI Prudential Life Insurance, KFIN Technologies and Sundaram Finance.
Sentiment meter bearish
The market sentiments were bearish. Out of the 4,079 stocks that traded on the BSE on Friday, 885 stocks witnessed declines, 3,084 saw advances, while 110 stocks remained unchanged.
Also read | Trump’s tariff bombshell sparks US recession fears—Will India pay the price?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
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