ETMarkets Evening Podcast: Market extends rally; what's your next step?

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Hi there! You are listening to ETMarkets Evening Podcast.

This is Abhinav Kaul and I will bring you today's round-up of stock trading and what seasoned analysts have to say.

The market remained on the front foot all throughout the day.

Investors were relaxed a bit as US President Donald Trump is reported to have reached out to his Chinese counterpart in an effort to resolve trade issues.

Hopes of better earnings kept investors' motivation level high too.

The quarterly results are going to kick off from Friday, with Infosys getting off the block.

The Sensex settled up 162 points at 33,789. The Nifty50 rose to 10,379, a gain of 48 points.

The day saw 26 stocks closing in the green and 24 in the red on the Nifty map.

Axis Bank, Mahindra & Mahindra, ITC and IndusInd Bank were the Sensex winners of the day.

Consumer durables topped the BSE sectoral chart.

Here's what Mayuresh Joshi of Angel Broking has to say on fundamentals.

Byte 1: Mayuresh Joshi

Mahanagar Gas logged the biggest jump in open interest at 43.50 per cent. Balkrishna Industries followed with a rise of 37.61 per cent and Strides Shasun 28.52 per cent.

Vijay Singhania of Trade Smart Online sheds light on the F&O market.

Byte 2: Vijay Singhania

Apollo Tyres, IndusInd Bank and Jubilant Foodworks are a few names that hit their fresh 52-week highs on Monday.

Over to Milan Vaishnav of Gemstone Equity Research and Adviosry for technicals.

Byte 3: Milan Vaishnav

That’s all for now folks. Do check out ETMarkets.com for detailed market analysis and come back for our regular market podcast on Tuesday morning. Have a wonderful evening ahead.