Trading Nifty on Mondays can be a bit tricky as it is the first trading day of the week and often sets the tone for the rest of the week. Here are a few tips that may be helpful when trading Nifty on Mondays:

1. Watch global markets: Keep an eye on the global markets, especially the US stock market, as the performance of these markets on Friday and Saturday can greatly influence the direction of the Indian markets on Monday.
2. Analyze economic data: Look out for any important economic data releases scheduled for the day, such as GDP growth or inflation data, as these can greatly impact the market.
3. Watch for news and announcements: Be aware of any major news or announcements that could affect the market, such as changes in government policies or corporate earnings releases.
4. Use technical analysis: Use technical analysis tools, such as charts and indicators, to identify key levels of support and resistance, as well as potential trading opportunities.
5. Use stop-losses: It's crucial to use stop-losses to limit potential losses. It's a good practice to keep a tight stop-loss in place when trading on Mondays, as the market is more volatile.
6. Limit your risk: Consider limiting your risk by only taking on a small number of trades at the start of the week and gradually increasing your positions as the week progresses and the market stabilizes.

The performance of these markets can greatly influence the direction of other markets, including the Indian stock market. Some of the major global markets include the US stock market (New York Stock Exchange and NASDAQ), the Chinese stock market (Shanghai and Shenzhen Stock Exchanges), the Japanese stock market (Tokyo Stock Exchange), and the European stock market (Euronext and FTSE).

When analyzing global markets, it's important to pay attention to the economic and political conditions of the country, as well as any major events that may be affecting the market. For example, suppose the US stock market is performing well. In that case, it is likely to have a positive impact on the Indian stock market as well. On the other hand, if there is political uncertainty or economic turmoil in a particular country, it can lead to a negative impact on the global markets.

It's also important to keep an eye on global indices such as the S&P 500, Dow Jones Industrial Average, and the Nasdaq Composite in the US, Nikkei in Japan, and Hang Seng in Hong Kong, as these indices represent the overall performance of the stock market in these countries. These indices are considered global barometers of the stock market and often set the trend for other markets.

It's also worth noting that some sectors or companies are more exposed to global markets than others; for example, companies in the technology or energy sector may have more exposure to global markets than those in the consumer goods sector. Understanding this can help you make more informed investment decisions.

It's important to note that the stock market can be unpredictable, and these tips may not guarantee profits. It's always recommended to research and consult a financial advisor before making any trading decisions.

Some of the major global stock markets and their corresponding indices:

United States:

• New York Stock Exchange (NYSE) - Dow Jones Industrial Average (DJIA)
• NASDAQ - NASDAQ Composite

Japan:

• Tokyo Stock Exchange (TSE) - Nikkei 225

China:

• Shanghai Stock Exchange (SSE) - SSE Composite
• Shenzhen Stock Exchange (SZSE) - SZSE Component

Hong Kong:

• Hong Kong Stock Exchange (HKSE) - Hang Seng Index

United Kingdom:

• London Stock Exchange (LSE) - FTSE 100

Germany:

• Frankfurt Stock Exchange (FSE) - DAX

France:

• Euronext Paris - CAC 40

Canada:

• Toronto Stock Exchange (TSX) - S&P/TSX Composite Index

Australia:

• Australian Securities Exchange (ASX) - S&P/ASX 200

South Korea:

• Korea Exchange (KRX) - KOSPI