Navigating Tuesday's Trade Landscape: Nifty 50 Setup, Global Cues, and Stock Recommendations

As Indian markets prepare for Tuesday's trading session, several factors are expected to influence market movement, including global cues, progress on the India-US trade deal, and technical levels for the Nifty 50 and Bank Nifty.

Global Market Influences

Global markets are exhibiting mixed cues. Investors are closely watching the US Federal Reserve's policy decisions, with expectations of a potential rate cut following weaker US job data and moderating inflation. Globally, attention remains focused on FOMC policy decisions. The S&P 500 (SPX) is on track for a ~1.5% weekly gain and hit a fresh intraday all-time high, and the bullish uptrend remains intact. Asian markets traded mostly higher, while US markets ended mixed, with the Nasdaq posting a record high close.

India-US Trade Deal Developments

The US chief negotiator, Brendan Lynch, is set to arrive in India on Monday, September 15, 2025, to resume trade negotiations with India on Tuesday, September 16, 2025. These talks follow a postponement from the originally scheduled date of August 25, 2025. Investors will be monitoring updates on the progress of the India-US trade deal. Both nations are reportedly in a "positive frame of mind" regarding trade issues. The aim is to finalize the first stage of the trade deal, with Commerce Minister Piyush Goyal expressing confidence that India and the US will be able to finalize the first tranche of a trade deal by November 2025.

Nifty 50 and Bank Nifty Technical Levels

For the Nifty 50, the 25150–25200 zone is expected to act as near-term resistance. A sustained move above 25200 could trigger a sharp rally towards 25500, and eventually 25700 in the short term. The 24950–24900 zone is expected to offer strong support. The Nifty 50 is approaching a short consolidation phase after last week's high, but the near-term outlook remains positive. Immediate resistance for the Sensex lies between 82,200 and 82,300 points.

The Bank Nifty index has reached its immediate resistance zone around 55,000. Immediate resistance on Bank Nifty can be seen between the 54,900–55,000 zone, which aligns with the trend line barrier as well as the 34-DEMA. Support for the index is placed at 53,500, with resistance at 55,000 levels.

Stocks to Watch

Market experts have recommended several stocks for potential buying or selling on Tuesday. Ankush Bajaj recommends three steel stocks to buy today. Sumeet Bagadia, Executive Director at Choice Broking; Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi and Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, recommended these Eight intraday stocks for today: Radico Khaitan Ltd., Brigade Enterprises Ltd., Tata Steel Ltd., Angel One Ltd., United Spirits Ltd., Hitachi Energy India Ltd (POWERINDIA), ITD Cementation India Ltd., and Meghmani Organics Ltd.

Overall Market Outlook

The Indian stock market is expected to open lower on Monday, following mixed cues from global markets. Gift Nifty was trading around 25,167, 38 points lower than Nifty futures' last close. Analysts anticipate a short consolidation phase for the Nifty 50, with a positive near-term outlook. Investors are advised to monitor the US retail sales data and remain watchful of US Fed policy outcomes and developments in India-US trade talks.