Share market review: After touching the top level of 9 months, the first week of July was nothing special for the Indian stock markets. The local stock market remained in red mark due to India not compromising on tariffs and profit recovery. Know how the market trend will be in the coming week and what to do investors?
How was the Sensex and Nifty move: The lead to 4 consecutive weeks took a break on Monday. The BSE Sensex fell 452 points and the NSE Nifty fell by 121 points. Business in the local stock market was limited on Tuesday. The Sensex rose 90.83 points to 83,697.29 points and the Nifty reached 25,541.80 points with a profit of 24.75 points. On Wednesday, the Sensex fell 287.60 points to 83,409.69 points while the Nifty closed at 25,453.40 points due to loss of 88.40 points.
On Thursday, the Sensex fell 170.22 points to close at 83,239.47 points, while the Nifty weakened 48.10 points to 25,405.30 points. On the last day of the week, the BSE Sensex rose 193.42 points to 83,432.89 and NSE Nifty gained 55.70 points to close at 25,461 points. In this way, the stock market was green for 2 days and 3 days closed in red mark. On a weekly basis, the BSE Sensex fell by 626.01 points, or 0.74 percent while the NSE Nifty fell 176.8 points i.e. 0.68 percent.
These factors changed market moves: Investors recovered a lot of profit in the stock market this week. Investors seem to be cautious as the deadline for the US fee to be discharged. The capital withdrawal of foreign institutional investors and the mixed trend of global markets also affected the perception.
How will the next week be: Investors are still adopting a strategy to wait with the US tariff’s July 9 deadline. The market focuses gradually on the financial results of the first quarter of companies. Foreign institutional investors continue to withdraw from the Indian market, although domestic investors still remain in the market. If the interests of both countries collide on the tariff, then the market will be seen in a red mark.
What do experts say: Market expert Yogesh Bagaura Told that the market was on peak in the last week of June. This week the market recovered profits. He said that America’s trade deal from China, Britain and Vietnam is almost final. Tariff talks with India are also going on. It is being told that it may be finalized by 9-10 July. He said that the market is likely to be flat to negative next week. Bagaura said that the next speed in the Nifty can be seen only after breaking the 26100 level. The market is expected to be between 25,200 and 26,000.
Market expert Satish Indani According to, the stock market was good last week. Even after profit recovery, there was not much decline in Sensex and Nifty. The interest rate is to be decided next week at the Federal Reserve meeting. The move of the Indian stock market will depend on this. He said that the results of companies are coming well. Fundamentals are also strong. In such a situation, investment in good shares can be a profitable deal for investors. He said that if Trump reduces the tariff rate, then there is a possibility of boom in the market from here.
SEBI screws on Gen Street Group: Market regulator SEBI has banned the US-based Gen Street Group from securities markets. It has directed the group to refund illegal income of Rs 4,843 crore for manipulating share indices through deals made in the derivative section. Market expert Yogesh Bagaura said that the market may have many players like Jane Street. Therefore, this action of SEBI can have a negative effect on them. However, this strictness of SEBI is in the interest of common investors.
Good news for government employees in Chhattisgarh: The Government of Chhattisgarh allowed state government employees to invest in stock market and mutual funds. The amendment to the Chhattisgarh Civil Services (Conduct) Rules, 1965 has been notified, under this, on the lines of the provisions of the Government of India, the government servants of the state have now been allowed to invest in stock markets, securities, debions and ‘mutual funds’. The notification has made a clear provision that the ban on investment activities of instincts like Intrade business, Buy-Buy (BTST) (BTST), futures and options and cryptocurrency will be implemented.
Disclaimer: This article is only aimed at information. This is not an investment advice. Be sure to consult your financial advisor before any investment.
