HighNegative
Announced Sun, 26 Jul · 17:03 IST
Ahead of Market: 10 things that will decide stock market action on Monday
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Sensex fell 332 points to close at 76,059.77 and Nifty 50 declined 102 points to 23,767 on Friday, though broader markets recovered from sharp morning losses with Nifty Midcap 50 closing in the green. Analysts expect sentiment to remain under pressure due to sustained higher oil prices, US 10-year yields at a 52-week high, hawkish Fed expectations and US tariff headwinds, while Bank Nifty outperformed on favourable valuations. Technically, Nifty slipped below the 50 EMA confirming a short-term downtrend with immediate support at 23,600 and resistance at 24,000.