Ahead of Market: 10 things that will decide D-Street action on Monday

economictimes.indiatimes.com:

The 30-share BSE Sensex fell by 365.53 points or 0.56 per cent to settle at 65,322.65. During the day, it tanked 413.57 points or 0.62 per cent to 65,274.61. The NSE Nifty declined by 114.80 points or 0.59 per cent to end at 19,428.30.

Here's how analysts read the market pulse: “Global markets faced volatility due to weak signals such as declining Chinese exports and the rating downgrade of US small and mid-sized banks. Despite lower-than-expected US CPI and better-than-anticipated UK GDP figures, global market sentiment remained subdued. Amid rising inflation concerns, investors are closely monitoring the domestic CPI data for July, which is projected to show a significant increase due to rising food prices,” Vinod Nair, Head of Research at Geojit Financial Services, said.

“Nifty restricted its move to 230 odd points in the eventful week, showcasing timidity among the counterparties. Technically speaking, amidst the ongoing consolidation in the market, the chart structure construes a time-wise correction, which is to be taken as a healthy sign in a bullish market scenario,” Osho Krishan, Angel One, said. That said, here’s a look at what some key indicators are suggesting for Monday's action:US marketUS stocks closed mixed on Friday, as investors digested the news that producer inflation came in higher than expected last month.

Data published earlier Friday showed US wholesale prices picked up in July on a surge in services costs, although the overall inflation figure remains muted. The Dow Jones Industrial Average closed up 0.3 percent at 35,281.40, while the broad-based S&P 500 dropped 0.1 percent to 4,464.05. The tech-rich Nasdaq Composite Index saw the largest daily decline, falling 0.6 percent to end the week at