Mumbai [India],: Market participants are expected to react to foreign institutional investment flows, currency movement, speculation about American tariffs and their impact on domestic data in the coming weeks starting on Monday.
According to experts, the markets are likely to experience positive speed in the coming week.
Ajit Mishra SVP said, “With the season of earnings behind us, the focus of the market will be transferred to the FII flow and currency movements for further signs. Also, there is speculation about American tariffs and on global trade An important factor to see the effect will remain, “Ajit Mishra SVP said. Research, Religara Broking Ltd., observation of market spirit.
According to Mishra, on the domestic front, high-frequency data releases such as HSBC Manufacturing PMI, HSBC Composite PMI and HSBC Services PMI will be seen, which are scheduled for the coming week.
While Stocksbox’s research analyst Abhishek Pandya said, “India’s markets are likely to experience positive speed in the coming weeks, which are powered by favorable macroeconomic indicators, such as delays of mutual tariffs and a stable policy environment by the US. ”
According to Pandya, the latest inflation rate, which is 4.31 percent, marks a five -month low, a benign inflation confirms the RBI’s trust in the trajectory and allows it to focus on development.
Pandya said, “Global signs, especially from FOMC minutes and European Central Bank meeting, will be closely monitored.”
According to market experts, investors will also focus on corporate earnings and upcoming economic data release, so that the development revival story can be more valid.
Pandya said, “Keeping in mind the current dynamics of the global market, we expect to see moderate to positive speed in the coming week.”
The markets resumed their corrective phase after two weeks of recovery, shed around two and a half percent.
This feeling remained negative throughout the week, mainly with FIIs, mixed corporate income, and constant sale on the global tariff war.
However, retail inflation helped limit the speed of the middle week of a moderation and the decline in flexibility in select heavyweight stocks. All major areas faced sale under pressure with top -loser people with realty, energy and auto, with wide market.
Eventually, the benchmark index, Nifty and Sensx, respectively ended at 22,929.20 and 75,939.21 near their weekly climb.
This article was generated from an automated news agency feed without amending the text.
Hold everyone Business news , Market news , Today’s latest news Events and Fresh news Update on live mint. Download Mint news app To get daily market updates.
MoreLess