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Listen to this article in summarized format Sensex gained 331 points to close at 77,264 while Nifty 50 rose around 85 points to end the session at around 24,176 on Friday. The broader markets also closed in the green as India VIX, which measures market volatility, dropped more than 4%. Here's how analysts read the market pulse Indian equities are expected to trade in a broader range amid a lacklustre environment, mixed global cues and persistent geopolitical tensions, despite Brent crude cooling to $88 per barrel, down around 8% over the past nine days, said Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services. “Investors are awaiting further clarity on geopolitical developments, while key global and domestic macro triggers are likely to guide market direction. Domestic equities ended largely flat,” he said, adding that Fed Chair Kevin Warsh's comments on inflation later today at the Jackson Hole Symposium will be keenly watched. His remarks could influence expectations for global interest rates and Indian policy rates, particularly after the hawkish tone of the RBI's August minutes revived expectations of domestic rate hikes, the analyst explained. US stocks US stocks ended lower on Friday after Federal Reserve Chair Kevin Warsh reiterated the central bank’s commitment to bringing inflation back to its 2% target, prompting investors to reassess expectations of a September rate move, Reuters reported. The S&P 500 fell 19.94 points, or 0.26%, to 7,711.05, while the Nasdaq Composite declined 140.79 points, or 0.53%, to 26,400.56. The Dow Jones Industrial Average slipped 11.06 points, or 0.02%, to 53,558.38. European markets European shares rose on Friday, with French stocks rebounding from a selloff as investors assessed Fed Chair Kevin Warsh’s Jackson Hole speech. The STOXX 600 gained 0.5% to 655.16, posting a modest weekly rise, while France’s CAC 40 climbed about 1%. Tech view Nifty moved back into the rising channel following a volatile session; however, the trend remains far from bullish, as the index continues to trade below the 50EMA, said Rupak De, Senior Technical Analyst at LKP Securities. Overall, a lack of momentum prevailed, with the index remaining confined within a narrow range, he added. “On the upside, the 24,200 level may continue to act as an immediate resistance. As long as the index remains below 24,200, the broader sentiment is likely to stay weak, with a possibility of a decline towards 23,900 in the near term. A fall below 23,900 could trigger further correction. On the other hand, a decisive move above 24,200 may lead to an improvement in market sentiment and might strengthen the near-term trend,” according to the analyst. Also read | CAS chaos: How did Sensex crash 2,000 points in 6 minutes while Nifty stayed stable on monthly expiry Most active stocks in terms of turnover Tejas Networks (Rs 2,419 crore), Ather Energy (Rs 2,314 crore), BSE (Rs 1,614 crore), Coal India (Rs 1,537 crore), IFCI (Rs 1,245 crore), ICICI Bank (Rs 1,231 crore), and HDFC Bank (Rs 1,180 crore) were among the most active stocks on NSE 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: 37.55 crore), IFCI (Traded shares: 13.93 crore), Ola Electric (Traded shares: 7.85 crore), Yes Bank (Traded shares: 6.35 crore), Sagility India (Traded shares: 6.08 crore), NMDC Steel (Traded shares: 5.75 crore), and Groww (Traded shares: 5.33 crore) were among the most actively traded stocks in volume terms on NSE. Stocks showing buying interest NMDC Steel, Newgen Software, Ather Energy, Tejas Networks, PTC Industries, IFCI and Tata Teleservices were among the stocks that witnessed strong buying interest from market participants. 52-week high Among the ones that hit their 52-week highs on NSE were Ather Energy, PTC Industries, Coforge, Shyam Metalics, Oracle, HFCL and Glenmark Pharma. Stocks seeing selling pressure Stocks which witnessed significant selling pressure were Devyani International, Physicswallah, Sapphire Foods, Whirlpool India, Bharat Dynamics, Bombay Burmah and City Union Bank. 52-week low Among the stocks that hit their 52-week lows on NSE were Aditya Birla Retail, PI Industries, Groww, ITC, IRFC, RVNL and Inox Wind. Sentiment meter favours bulls Of the 3,603 stocks that traded on the NSE on Friday, August 28, 1,918 stocks advanced, 1,561 saw declines, while 124 stocks remained unchanged. Also read | Tenbaggers on Dalal Street! 19 stocks that rallied more than 1,000% in 5 year (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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