Sensex drops 742 points last week, will the rise or decline will continue from Monday? Learn
Last week The 30 -share Sensex of BSE broke 742.74 points. The Nifty of the National Stock Exchange fell 181.45 points. In such a situation, the stock market will continue to decline in the new week starting on Monday or will it return? If you are a stock market investor, then you must be looking for the answer to this question. Market expert says that next week the direction of the stock markets will be determined by quarterly results of big companies like Infosys and Bajaj Finance, developments related to Indo-US trade talks and global trends. The stock market may react to the quarterly results of three legendary companies – Reliance Industries, HDFC Bank and ICICI Bank on Monday. The market may return to the market due to strong results of companies. However, the market trick is estimated to be stock specific.
Reliance recorded record profits
Reliance Industries, the country’s most valuable company, has recorded its most quarterly benefit of Rs 26,994 crore for the June quarter on Friday. This is a jump of 78.3 percent compared to the same period of a year ago. Senior Vice President -od Ajit Mishra, Senior Vice President of Railways Broking Ltd. said that all eyes are on the session of the current quarter results. Investors will first react to the results of three legendary companies – Reliance, HDFC Bank and ICICI Bank – during early trade on Monday. In the subsequent sessions, many big companies including Infosys, Dr. Reds’s Laboratories, Bajaj Finance, Nestle India will announce their quarterly results. He said that globally, market partners would monitor the developments related to business agreements. These will give direction to the flow of foreign institutional investors (FIIs) and the move.
HDFC’s profit decreased
Meanwhile, HDFC Bank on Saturday recorded a decline of 1.31 percent in its integrated net profit for the June 2025 quarter. The net profit of the bank has come down to Rs 16,258 crore. ICICI Bank’s integrated net profit was 15.9 percent increase in the first quarter to Rs 13,558 crore. Senior Technical Analyst Pravesh Gaur of Swastika Investmart said that as soon as we are entering a new week, the market is waiting for various domestic and global comprehensive economic indicators. On the domestic front, investors will keep a close watch on the results of the first quarter of major companies such as the Internal, UltraTech Cement, Infosys, Bajaj Finance, Nestle.
Investors eye on trade deal from America
Dialogues of India and the US successfully completed the fifth round of talks regarding the proposed bilateral trade agreement (BTA) in Washington on 17 July. The talks lasted for four days from 14 to 17 July. This dialogue between the two countries is considered important because they are trying to finalize an interim trade agreement before August 1. Significantly, the term of prohibiting the counter -duty duty imposed by the US ends on August 1.
Crude oil prices are also monitored
Research Head of Motilal Oswal Financial Services Limited- Estate Management Siddharth Khemka said that investors are keeping distance from the market due to long-running waiting for the Indo-US trade agreement before the August fee deadline. Apart from this, investors will also monitor the activities of foreign institutional investors and fluctuations of crude oil prices.
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