Ahead of Market: 10 things that will decide stock market action on Monday
India’s benchmark indices ended lower on Friday, marking their first decline in 2025 after gains in the year’s initial two sessions. The retreat was driven by losses in heavyweight financial and IT stocks, as investors turned cautious ahead of the corporate earnings season set to kick off next week.
The benchmark BSE Sensex lost 720.60 points or 0.90% to close at 79,223.11, while the broader Nifty 50 index closed at 24,004.75, lower by 183.90 points or 0.76%.
Here’s how analysts read the market pulse:
Commenting on the day’s action, Vinod Nair, Head of Research at Geojit Financial Services said that the sell-on-rally sentiment prevailed in the market due to a strong U.S. dollar, high valuation, and a shift towards a multi-asset…