Market Trading Guide: Bharti Airtel, Polycab India are among 5 stock recommendations for Tuesday

Bears were in full control of the D-Street on Monday as widespread selling led the benchmark indices to their second successive negative closing. IT, pharma and energy stocks were the major spoilers. While the S&P BSE Sensex settled at 75,293.38, down by 897.08 points or 1.18%, the broader Nifty closed at 22,829.15, lower by 263.05 points or 1.14%.Commenting on the day's action, Rupak De, Senior Technical Analyst at LKP Securities said that the pessimism across the Indian equity market was at its peak. "The index has slipped from its recent consolidation on the daily chart, heightening pessimism across the Indian equity market. Sentiment is likely to favor bearish trades in the short term, particularly as long as the index remains below 23,000. On the lower side, the prevailing weakness could potentially lead to a decline toward 22,500," De said.Here are 5 stock recommendations for Tuesday: Stock Ideas