Momentum indicators point to a continued downtrend, with the Nifty trading below its short-term moving averages.

Metal stocks continued their upward trend, benefiting from China's stimulus announcement.

Indian markets face selling pressure amid weak global cues; metal stocks surge; crude oil price tops $75; gold price hits record high.

Despite Friday's marginal decline, traders expect to gain on Monday; focus on the US Fed's decision on rates; gold updates all previous records.

India’s retail inflation data for August is expected later today; estimates point to a figure below 3.5%.

The formation of a white candle on the daily chart, coupled with the index closing above the previous day's level, indicates continued bullish sentiment.

Crude oil prices fell below $70, signalling a potential slowdown in global economic growth, which is not a positive sign for the markets.

Nifty and Sensex pushed higher, with hopes of further gains; US recession fears ease; crude oil hits $80 per barrel.

The market will be happy if the increased government revenues are utilised to reduce taxes and boost investments. 

MARKETS@11: Market wobbles; Infosys shines