Stock market investors should be happy, this good news brought about next week

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Photo: India tv Stock market

Indian stock market I was faster last week. On Friday, the 30 -share BSE Sensex closed at 82,188.99 with a gain of 746.95 points or 0.92 percent. NSE Nifty climbed 252.15 points or 1.02 percent to close at 25,003.05. This boom came after a major cut in the repo rate by the Reserve Bank of India (RBI). Experts believe that this will reduce the loan EMI which will increase the demand. Its impact was also seen on the stock market. There was a great rise in the stock market. Now what is the guess about next week? Will the fast continue? On this, Siddharth Khemka, Head (Property Management) of Motilal Oswal Financial Services Limited, said that we hope that Indian markets will gradually accelerate, which will be supported by RBI more than expected interest rates and optimism support on the US-India trade agreement.

He said that in the meantime, global adverse conditions, including unexpected changes in US fee and current geopolitical stress, could cause instability. Vinod Nair, Head of Research of Geojit Investments Limited, said that the reduction in inflation and the aggressive deduction made by the RBI in interest rates is likely to increase the trust of investors amid global uncertainties. That is, the market may see a boom next week.

These figures will also affect the market

This week, the stock markets will be determined by global trends, inflation figures and business activities of foreign investors. Analysts hoped this. Apart from this, investors will also be monitored on developments related to monsoon progress and business talks. Ajit Mishra, Senior Vice President (Research), Railor’s Broking Limited, said that investors will be eyeing the major major economic data. High frequency indicators like retail inflation will be closely monitored to estimate the demand trend of demand and the next steps of the central bank. He said that the progress of monsoon and sowing trends will also affect the market, as they affect rural consumption. Mishra said that on the global front, business talks and the fluctuations in the US bond returns will affect the sentiments of investors.

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