Next week will be very volatile for the stock market, these factor will put effect on the market
Stock market For the next week starting on Monday, the next week is likely to be quite ups and downs. Market expert says that this week the direction of the stock market will depend on the results of the first quarter of many big companies, decisions on the interest rate of Federal Reserve and business activities of foreign portfolio investors (FPIs). He said that declarations of comprehensive economic data, monthly vehicle sales figures and global market trends will also play an important role in determining the direction of the domestic market. The market will be eyeing the US fee of implementation (August 1) and geopolitical tension between Thailand and Cambodia. On August 1, dozens of countries including India are ending the duration of prohibition on retaliation imposed by the US administration.
Investors will keep an eye on economic data
Senior Vice President Ajit Mishra, Railor’s Broking Ltd. said that the new month will begin with many important economic data. The figures of Industrial Production (IIP) and HSBC Manufacturing PMI will come on August 1. Along with this, everyone will also keep an eye on monthly vehicle sales data. The market will fluctuate due to the disposal of derivative contracts for the month of July. He said that as the season of quarterly results will move forward. All the results of IndusInd Bank, Asian Paints, NTPC, Tata Steel, Hindustan Unilever, Mahindra & Mahindra, Maruti Suzuki, Sun Pharma, ITC and other legendary companies will be monitored. The quarterly results will indicate the strength of different regions and the performance of the companies. Mishra said that globally, businessmen will keep an eye on business negotiations along with decisions on the interest rate of the US Federal Reserve and the increase of the GDP (GDP), as well as a August deadline of the fee suspension. This may affect the flow of FPI. Also, everyone will be watching the rupee move and crude oil prices against the dollar.
Results of these companies will come
Pravesh Gaur, senior technical analyst of Swastika Investmart Limited, said that looking forward, all eyes are now on the results of the first quarter of several major companies. This week, major companies like Bharat Electronics Limited, IndusInd Bank, Asian Paints, Tata Steel, Mahindra, Coal India, Hindustan Unilever, Maruti Suzuki and ITC will announce their quarterly results. The performance of these companies will decide whether the market will get support in the near future or it will trade at the lower level. He said that investors would monitor the flow of foreign funds for the front direction and the developments related to Indo-US trade talks. Last week, the 30 -share Sensex of BSE came down 294.64 points or 0.36 percent. The National Stock Exchange’s Nifty lost 131.4 points or 0.52 percent.
There will be weakness in the market
Siddharth Khemka, head of research head of Motilal Oswal Financial Services Limited, Siddharth Khemka said that the ongoing uncertainty over the Indo-US trade agreement, the mixed results of the first quarter of FY 2025-26 so far and the growing FII withdrawal, we believe that there will be weakness in the market.
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