Iran-Israel War and Fed will have an impact of the decision, the possibility of continuing to continue in the market, know what to do?
Iran-Israel War Last week, the Indian stock market saw huge fluctuations and the market closed with losses amidst increasing geopolitical tension. Last week, the 30 -share Sensex of BSE came down 1,070.39 points. At the same time, the National Stock Exchange’s Nifty was in a loss of 284.45 points. In such a situation, how will the market move this week? Market expert says that this week Iran-Israel struggle, Brent crude oil prices, inflation figures and decisions on US central bank’s interest rate will be decided.
The effect of bouncing crude oil will appear
The possibility of bounce in crude oil prices and a hurdle in supply affected the notion of investors. Ketan Vikam, the sales head of the financial services provider Almondj Institutional Equities, said the Indian stock markets are likely to be fixed by global markets after the growing tension in West Asia amidst the Israeli-Iran struggle. There may be disappointment in the market, so that investors can distance from risky assets. Apart from this, businessmen will be vigilant before the decision on the interest rate of the Federal Reserve on Wednesday. The central banks of Japan and Britain will also announce their interest rates separately.
Sensex and Nifty were rolling
Sensex and Nifty fell by about one percent on Friday last week. The rise in weak global markets and brent crude oil prices affected the notion of investors. Vinod Nair, head of research from Jiojit Investment Limited, said, “If you look forward, investors will be cautious between high evaluation and geopolitical risks.” Now everyone’s eyes are on the meeting of the upcoming Federal Reserve. The Federal Reserve’s comments and economic estimates for future policy signals will be monitored by all.
There is a possibility of continuing ups and downs
Senior Vice President Research Ajit Mishra of Railor Broking Ltd. Ajit Mishra said that there is a possibility of market fluctuations between geopolitical uncertainty and important meetings of the central bank in the coming days. The upcoming policy decision of the US Federal Reserve will be closely monitored. He said that the progress of monsoon on the domestic front, the trend of crude oil prices, wholesale price index -based inflation data and FII (foreign institutional investors) will be noticed.
The market will remain lethargy
Analysts said that investors would keep an eye on the global market stance and the rupee move against the dollar. Motilal Oswal Financial Services Limited’s head-abuse, Estate Management Siddharth Khemka said that overall, we hope that weakened global signals will keep the market lethargic due to weak global signals, while industry-based news will affect various fields activities.
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