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Last week without any foreign fund outflow, at least quarterly earnings and apprehensions of global trade war hit the market sentiments, where benchmark indices and Nifty made a tendency on the eighth day in a line on Friday. Increased
In the absence of major domestic triggers, global development is more likely to provide inspiration in the installation of our market tone.
Analysts said that this week is expected to be operated by global trends and FPI trading activity after the end of the earning season in the stock markets. Last week without any foreign fund outflow, at least quarterly earnings and apprehensions of global trade war hit the market sentiments, where benchmark indices and Nifty made a tendency on the eighth day in a line on Friday. Increased
“With the conclusion of the Q3 income season, now Donald Trump’s business policies will be focused on global development amidst a turbulent market environment,” Siddharth Khemka, Head – Research, Wealth Management, Motilal Oswal Financial Services Limited Limited Said.
In addition, the rupee-dollar trend and the movement of Brent crude, global oil benchmark will also be tracked by investors.
“With the earning season behind us, the focus of the market will be transferred to the trends of FIIs (foreign institutional investors) flow and further signals. Additionally, speculation about American tariffs and his impact on global trade will be an important factor, “Ajit Mishra – SVP, Research, Religre Broking Limited, said.
The US FOMC (Federal Open Market Committee) meeting minutes will also be in focus this week.
Osho Krishna, Senior Analyst – Technical and Derivatives, Angel One Limited, said, “In the absence of major domestic triggers, global development is more likely to provide inspiration to establish our market tone.” In the last eight business days, in BSE, BSE Benchmark scored 2,644.6 points or 3.36 percent, and NSE Nifty declined by 810 points or 3.41 percent.
“Many factors contributed to the market recession, with US President Donald Trump’s declaration of mutual tariff on American business partners, especially emotions. Additionally, weak Q3 Corporate Income and Continuous FII outflow weighed on investors’s trust, “said Puneet Singania, director of the Master Trust Group.
(This story has not been edited by News18 employees and a syndicated news agency has been published from feed – PTI,
