Stock market
The stock market continues to decline. Investors are upset by this. Meanwhile, the new week is starting from Monday. Market expert says that the direction of the stock markets will be decided by the global trend, activities and fees of foreign investors next week. The stock markets will be closed on the occasion of ‘Mahashivaratri’ on Wednesday. Motilal Oswal Financial Services Limited Chief Close, Establishment Management Siddharth Khemka said, “This week the market direction is a mixed global market stance, US trade policy announcements and depending on geopolitical developments related to the Russian-Ukrain war Apart from this, in addition to this, the price of Brent crude oil at globally and the speed of rupee against the dollar will also be important for the market.
Investors will keep an eye on America
Vinod Nair, the research head of Jiojit Financial Services, said, “Investors will be eyeing the upcoming important indicators such as the US’s main PCE price index and India’s GDP (GDP) growth data.” The market’s ‘mood’ is quite disappointing. The results of the companies can change with a significant improvement in the results and the better condition of liquidity at the global level and stability in the currency. ”The 30 -share Sensex of BSE came down 628.15 points or 0.82 percent last week. At the same time, the National Stock Exchange’s Nifty lost 133.35 points or 0.58 percent.
Trade war will be affected
Srikanth Chauhan, Head of Kotak Securities (Equity Research) said, “Reply concerns dominate the global and Indian market.” He said that the news will influence the market on the fee front in the near future. Puneet Singhania, director of the Master Trust Group, said, “The announcement of counter -business partners by US President Donald Trump has greatly affected the market notion. Apart from this, the income of companies has also been under pressure.
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