Ahead of Market: 10 things that will decide stock market action on Thursday – News Air Insight

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The Indian market ended higher on the final trading day of the year on Wednesday, with the Sensex and Nifty rebounding after five and four straight sessions of losses, respectively, as buying returned to metal stocks following the government’s decision to impose a three-year safeguard duty on select steel imports, among other factors supporting the rally.

The BSE Sensex climbed over 545 points or 0.64% to end at 85,220.60, while the NSE Nifty 50 advanced nearly 191 points or 0.74% to close at 26,129.60.

Here’s how analysts read the market pulse:

Markets ended 2025 on a strong note, posting a broad-based recovery, said Vinod Nair, Head of Research at Geojit Investments, adding that looking ahead, expectations are rising for a constructive rebound in 2026, supported by improving demand conditions.

“Investor sentiment is likely to hinge on corporate earnings and a potential uptick in nominal GDP growth. Metal stocks led gains today after the government announced import tariffs on steel products. Meanwhile, the oil & gas sector outperformed on the back of anticipated stable demand and stronger refining margins,” said Nair.

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Tech View

The Nifty witnessed a strong momentum on the last trading day of the year, adding 0.70% to its annual gain, said Rupak De, Senior Technical Analyst at LKP Securities, adding that on the daily chart, a doji formation followed by a sharp rise, reflected through a visible green candle, signals the possibility of more gains ahead.

“Additionally, the index has reclaimed the 21 EMA after reversing from a brief dull phase. Although the trend is not decisively bullish yet—unlike the Bank Nifty, which has given a clear breakout—the current recovery may continue in the near term. On the upside, the index could move towards 26,315, while 26,100 may act as the initial support,” 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

Hindustan Copper (Rs 3,925 crore), Vodafone Idea (Rs 2,554 crore), HEG (Rs 1,641 crore), Dixon Technologies (Rs 1,149 crore), HFCL (Rs 1,134 crore), HDFC Bank (Rs 1,088 crore), and TCS (Rs 1,081 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 the highest trading turnovers in the day.

Most active stocks in volume terms

Vodafone Idea (Traded shares: 214.46 crore), HFCL (Traded shares: 16.44 crore), Hindustan Copper (Traded shares: 7.47 crore), SAIL (Traded shares: 6.86 crore), YES Bank (Traded shares: 6.48 crore), IFCI (Traded shares: 5.19 crore) and Tata Steel (Traded shares: 5.08 crore) were among the most actively traded stocks in volume terms on NSE.

Stocks showing buying interest

Shares of Graphite India, Craftsman Automation, MRPL, HFCL, HPCL, Deepak Fertilisers and PCBL Chemical were among the stocks that witnessed strong buying interest from market participants.

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52 Week high

Over 126 stocks hit their 52-week highs today, while 145 stocks slipped to their 52-week lows. Among the ones which hit their 52-week highs were SAIL and Titan.

Stocks seeing selling pressure

Stocks which witnessed significant selling pressure were Vodafone Idea, Navin Fluorine International, Aditya Birla Sun Life AMC, Hindustan Copper, Radico Khaitan, City Union Bank and Asahi India Glass.

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Sentiment meter bullish

The market sentiments were bullish. Out of the 4,374 stocks that traded on the BSE on Wednesday, 1,413 stocks witnessed declines, 2,799 saw advances, while 162 stocks remained unchanged.

(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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