Ahead of Market: 10 things that will decide stock market action on Wednesday
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Indian stock market ended Tuesday’s session on a muted note as Sensex fell 8 points to 73,599 and Nifty 50 fell 3 points.
- ✓Vinod Nair said, “Going forward, market direction will hinge on earnings resilience, crude trends, evolving developments in the West Asia crisis and the Fed’s policy signal.”
Story at a Glance
- Category
- MARKET
- Reported By
- The Economic Times
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
The Indian stock market saw Sensex and Nifty ending Tuesday’s expiry session on a muted note with marginal losses as oil near $105 per barrel and other headwinds kept optimism in check, even as broader markets rallied.
Sensex fell a little over 8 points to close at 73,599 while Nifty 50 fell over 3 points to end the session below 22,750. Nifty Smallcap 250 index meanwhile surged over 2% while Nifty Midcap 100 index rose over 1%.
Here's how analysts read the market pulse
Indian equities ended flat amid a volatile session, as elevated crude prices and caution ahead of the US Fed policy decision overshadowed supportive global cues, said Vinod Nair, Head of Research, Geojit Investments. He noted that profit booking dragged IT and private banks, while pharma, autos, PSU banks and realty gained, with resilient broader-market participation pointing to selective domestic risk appetite.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
The Economic Times
Read the full, original unfiltered story directly on the publisher's portal.