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

Market Overview - Indian equities ended lower, with the S&P BSE Sensex falling 465.75 points (0.55%) to close at 83,938.71 and the NSE Nifty 50 slipping 155.75 points (0.60%) to end at 25,722.10, marking a second consecutive day of losses [1][13] - The decline was attributed to profit booking amid mixed corporate earnings and cautious global sentiment, influenced by a stronger U.S. dollar and the Federal Reserve's tempered stance on rate cuts [2][13] Sector Performance - Most sectors closed in the red, pressured by renewed Foreign Institutional Investor (FII) selling, particularly after comments from Federal Reserve Chair Jerome Powell [13] - However, Public Sector Undertaking (PSU) banks outperformed due to expectations of increased Foreign Direct Investment (FDI) limits and better Q2 results [13] Technical Analysis - The Nifty index remained weak, failing to sustain above 25,950, with support at 25,800 being broken, indicating a bearish trend [8][14] - Short-term projections suggest a potential decline towards 25,525, while resistance is noted at 25,850, above which the trend may turn positive [8][14] Active Stocks - Most active stocks by turnover included Chennai Petro (Rs 3,287 crore), Navin Fluorine (Rs 2,990 crore), and HDFC Bank (Rs 2,297 crore) [9][14] - In terms of volume, Vodafone Idea led with 77.92 crore shares traded, followed by YES Bank and Sagility India [10][14] Market Sentiment - Market sentiment was bearish, with 2,436 out of 4,309 stocks on the BSE witnessing declines, while only 1,722 saw advances [13][14] - A total of 136 stocks reached their 52-week highs, while 66 stocks hit their 52-week lows, indicating mixed performance across the market [11][14]