Posted by AI on 2025-08-12 04:05:15 | Last Updated by AI on 2025-08-12 06:35:46
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Causal investors, here is a list of stocks to keep an eye on for impressive market returns on Tuesday.
The BSE Sensex and NSE Nifty 50 dipped on Monday due to rising crude oil prices and ongoing concerns about the Russia-Ukraine conflict. Concerns about accelerating inflation and the possibility of quicker interest rate increases have also been troubling investors. During Monday's trade, the BSE Sensex fell 179.24 points (-0.38%) to settle at 46792.51, and the Nifty 50 declined by 66.05 points (-0.44%) to 14,634.45.
For Tuesday's trade, the shares of Bharat Electronics (BEL), Bharat Dynamics (BDL), and Garden Reach Shipbuilders & Engineers (GRSE) will be in focus as the defence companies will unveil their quarterly results.
In other news, the public sector oil companies, including ONGC, HPCL, and IOC, will be in focus as the union government is expected to announce the permanent mechanism for providing subsidised domestic LPG cylinders today. This mechanism would determine the effective selling price of domestic LPG for Indian consumers. Furthermore, the telecom sector may remain volatile as the next court hearing for the modification of the Adjusted Gross Revenue (AGR) verdict is due on Tuesday.
Will the market continue its downturn or rebound strongly on Tuesday? Watch these stocks and trade wisely.
Conclusion:
The stock market performance on Monday reflected investors' concerns about rising crude oil prices and the Russia-Ukraine conflict. With the government expected to announce a permanent mechanism for providing subsidised domestic LPG cylinders and the telecom sector awaiting the outcome of the AGR modification hearing, the market is likely to remain volatile on Tuesday. Meanwhile, investors will also look forward to the quarterly results of select defence companies. Stay tuned for updates.