Ahead of Market: 10 things that will decide stock market action on Tuesday

The Indian stock market rebounded on Monday, with Sensex and Nifty staging a sharp recovery of nearly 2% from the early losses and snapping a four-day losing streak that wiped off massive sums of investor wealth.

Sensex rose 483 points to close at 73,607, recovering nearly 1,100 points after hitting the day’s low at 72,515. Nifty’s meanwhile gained over 153 points to close at 22,753, after having dropped below 22,400 earlier in the day.

Here's how analysts read the market pulse

"Indian equities recovered from early losses, supported by value buying and strength in metals, power and healthcare. However, elevated crude prices, geopolitical uncertainty and caution ahead of the Fed, ECB and BoJ policy decisions kept sentiment measured. Mid- and small-caps also witnessed some recovery after last week’s sharp correction, although investors remained selective, favouring earnings visibility and valuation comfort. Early-bird quarterly results suggest a commodity-led earnings boost in power generation, metals and refining, but high energy costs and interest rates are forecast to moderate overall corporates growth in the coming quarters,” said Vinod Nair, Head of Research, Geojit Investments Limited.