stock market
There was a huge fall in the Indian stock market last week. Sensex fell by more than 4000 points. Due to this big fall, investors have lost about Rs 18 lakh crore. Small investors are worried due to such a huge fall in the market. They do not understand what is going to happen in the market next. If you also invest money in stocks then you will definitely be worried about the market activity from Monday. Let us know how the Indian stock market may behave from Monday. What do stock market experts say about market movements?
A lot will depend on FPI
Market experts say that the movement of the Indian stock market from Monday will depend a lot on the activities of foreign investors. If they continue to withdraw money from the market, the market will see further decline. At the same time, when the selling stops, the market may become stable. There are no major developments on the domestic front in this week of low trading session. In such a situation, market participants will keep an eye on global indicators. Stock markets will remain closed on Wednesday on the occasion of ‘Christmas’. “Looking ahead, there is a lack of any major indicators on the domestic front,” said Pravesh Gaur, senior research analyst at Swastika Investmart Ltd. However, some global indicators will play an important role in directing the market. This includes data on bond yields in the US, performance of the dollar index, unemployment claims and new home sales.
Weakening of rupee also affects the market
Gaur said, “There are ups and downs going on in the market. Also, foreign institutional investors continue to remain sellers. In such a situation, investors are expected to adopt a cautious approach. Despite the recent weakness, the market outlook remains cautiously optimistic. However, continuous selling by FIIs has increased the pressure on the market. Last week, the 30-share Sensex of BSE fell by 4,091.53 points or 4.98 per cent, while the Nifty of the National Stock Exchange lost 1,180.8 points or 4.76 per cent. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, “The market has been affected due to the sudden shift from buying to selling by FIIs.” Analysts said the trend of rupee-dollar and crude oil prices globally. Prices will also play an important role in giving direction to the market. Ajit Mishra, Senior Vice President-Research, Religare Broking Ltd. said, “This week will be of less trading sessions.
likely to remain weak
Market participants will keep an eye on FII inflows and the performance of global markets. Siddharth Khemka, Head-Research, Wealth Management, Motilal Oswal Financial Services, said the Indian market is likely to remain weak. Amidst the ups and downs, market participants will keep an eye on global indicators. He said that the festive season is coming and there will be a holiday in global markets for two-three days. In such a situation, activities in the local market will also remain sluggish.
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