Last week, the Sensex drops 932 points and the Nifty 311 points, will the market return to the market from Monday?
Stock market The previous week was not good for investors. Investors suffered a lot due to major fall in the stock market. Let us tell you that last week, the 30 -share Sensex of BSE came down 932.42 points. At the same time, the National Stock Exchange’s Nifty lost 311.15 points. In such a situation, investors are scared about the new week starting on Monday. If you too are investing money in stock, then you will definitely be worried about the next week. Let us tell you that next week the market will return or will the decline continue?
Fear of maintaining weakness in the market
Siddharth Khemka, Research Head of Motilal Oswal Financial Services Limited, said Siddharth Khemka said that as the quarterly results of companies go ahead, some stocks will see market fluctuations due to special activities. He said that due to uncertainty about business talks, there is a possibility of weakness in the market. Investors will now monitor major domestic figures such as wholesale and retail inflation, financial results of the first quarter and the developments related to the Indo-US trade agreement. Senior Vice President -od Ajit Mishra, Senior Vice President of Railways Broking Ltd. said that the market notion on trade fee remains weak.
Uncertainty remains in the market regarding trade deal
Simranjit Singh Bhatia, Senior Equity Research Analyst at Financial Services Provider Company Almondz Global, said that global indicators will continue to decide the domestic stock market, but investors will be eyeing the potential results of the business talks released between Indo-US. Negotiations are going on with the US about the trade agreement, in such a situation there is a situation of uncertainty. In this uncertain atmosphere, businessmen are not confident of making any major positive bets. He said that along with this, during the next few weeks, investors will be eyeing the results of the first quarter of companies.
Market will be eyeing these developments
In the upcoming week, many big companies will decide the quarterly results of several big companies, the results of Indo-US trade talks and inflation figures will determine the direction of the local stock market. Analysts have expressed this opinion. Apart from this, the market will also give direction to the global market and activities of foreign investors.
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