How will the stock market move next week, after American tariff, the market will be boom or recession?
Indian shares last week The market declined. The 30 -share Sensex of BSE dropped 742.12 points and the National Stock Exchange’s Nifty drops 202.05 points. In such a situation, investors are doubted about the market move in the next week starting on Monday. Can there be a decline in the market or may return. Market expert says that the direction of the stock market will be determined by inflation figures, trade -related developments, quarterly results of companies and activities of foreign portfolio investors. Analysts said that in addition to this, the trends of the global market will also affect the business sentiment. On Friday i.e. August 15, the stock markets will be closed on Independence Day.
Everyone will keep an eye on inflation figures
Senior Vice President Research Ajit Mishra, Senior Vice President of Railwayor Broking Ltd. Ajit Mishra said that this week, all eyes will be on developments related to consumer price index based inflation and wholesale price index based inflation, India-US trade relations. Now the quarter results season is about to end. The results of Ashok Leyland, ONGC, IOC, Hindalco Industries, BPCL and other companies will be seen during the week, which can lead to special activities.
American trade war will also affect
Swastika Investmart Ltd. Research Head Santosh Meena said, “This week, business talks, comprehensive economic figures, quarterly results and foreign institutional investors (FIIs) will play an important role in giving direction to the market.” He said that any developments from India and the US will affect the market. ” Meena said that India, America and China will release important figures this week. The US inflation figure on August 12 is of great importance due to high fees. India’s inflation figures will also be released on the same day. He said that the season of the first quarter is almost towards the end, but some companies have not yet declared their results.
There will be a weakness in the market
Foreign investors have so far withdrawn around Rs 18,000 crore from the Indian stock market this month. Siddharth Khemka, chief-wealth management of Motilal Oswal Financial Services Limited, said, “The season of quarter results is now ending, which is expected to speed up share-specific activities.” Overall, we believe that there will be weakness in the stock market till clarity comes on the fee front. In this unstable environment, investors will focus on the activities of the domestic front.
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