# Key Factors Influencing Monday's Indian Stock Market Nifty gains 0.33% as crude moderation supports sentiment - **Source:** [Economic Times](https://brifing.si/source/37791137-c35a-4ffe-b6a9-fe103afc9e48) - **Published:** 2026-09-20 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/c21fc43c-bd6a-41b2-9668-7e42eb5ce0b3 ## Market recovery continues Indian equities extended their recovery with Nifty gaining 0.33% while Sensex slipped marginally by 0.03%. The broader markets outperformed the benchmarks, indicating selective buying interest. The moderation in crude oil prices and global yields provided support to market sentiment. This comes after recent volatility in global markets due to macroeconomic concerns. ## Energy stocks in focus Several gas and energy stocks showed notable movement, including Adani Total Gas, GAIL India, Gujarat Energy, Indraprastha Gas, and Mahanagar Gas. These stocks often react to changes in global energy prices and domestic policy shifts. The sector's performance could influence Monday's market direction given its weight in key indices. ## Banking sector watch Top trending banking stocks included SBI, Axis Bank, and HDFC Bank. The banking sector's health remains crucial for overall market direction. Recent questions about HDFC Bank's growth compounding ability post-merger add to sector-specific considerations. Private and public sector banks may show divergent trends based on individual fundamentals. ## IT stocks movement Infosys and Wipro shares were among top trending IT stocks. The sector remains sensitive to global tech spending trends and currency fluctuations. Recent developments in US visa policies could impact Indian IT firms' cost structures. The rupee's movement against the dollar will be closely watched by sector investors. ## Power sector performance NTPC shares featured among top movers, reflecting interest in power utilities. The sector benefits from India's growing energy demand and transition focus. Government policies on renewable energy and thermal power allocation influence these stocks. Power sector reforms and capacity additions remain key monitorables. ## Global market linkages Indian markets remain connected to global cues including US Fed policy trajectory and crude oil prices. Recent moderation in global yields provided relief to emerging markets. The dollar's strength and risk appetite in developed markets could influence FII flows. Geopolitical developments may impact commodity-sensitive sectors. ## Domestic macroeconomic factors Market participants will assess domestic inflation trends and RBI's policy stance. Fiscal deficit management and government borrowing plans affect bond yields. The upcoming Budget 2025 expectations may start influencing sectoral rotations. Monsoon progress and rural demand recovery remain important for consumption sectors. ## Technical outlook Nifty's ability to hold recent gains suggests underlying strength despite global uncertainty. The 0.33% advance came with sector rotation rather than broad-based buying. Market breadth and derivative positioning will guide short-term direction. Key support and resistance levels will be watched for confirmation of trend continuation. ## Sources covering this story - https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/134367341.cms — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._