Mumbai, 13 April (IANS). The next week is going to be very important for the Indian stock market. The quarterly results, Khadura and wholesale inflation figures, new updates regarding American recipes and data on the global level can be seen on the stock market.
Next week, the results of the fourth quarter of 25 will be released by companies like IRDA, HDFC Life, Infosys, Tata Elexi, HDFC Bank and ICICI Bank.
Additionally, bulk and retail inflation figures can also be released next week.
Globally, important data will be released by the US like industrial production, manufacturing sector and jobless claims. At the same time, GDP data of the first quarter of 2025 can be released by China. If this data is strong, it may have a positive impact on global markets.
In the business session from April 7 to April 11, the stock market was mixed with trading. The Nifty fell 0.33 percent to close at 22,828 and the Sensex at 75,157 with a weakness of 0.28 percent. Due to the concerns caused by the tariff, there was a big ups and downs in the market. Nifty touched a minimum level of 21,743 during the week. However, it later saw a strong recovery.
FMCG performed the best in the sectoral index. At the same time, the realty sector declined the most.
The selling continued by foreign institutional investors (FIIs) continued and the cash segment was sold for Rs 20,911 crore. At the same time, Rs 21,955 crore was invested by domestic institutional investors (DIIs).
Bajaj Broking Research says that this week is going to be important for global markets. In the world’s largest economies, with inflation, industrial attitudes and employment data, investors can focus more on increasing instability and central bank signals.
Master Trust Group director Puneet Singhania said that the Nifty closed with a weakness of 0.33 percent even after the 5 percent gap-down opened at the beginning of the week. 22,500 and 22,200 are one of the most important support for Nifty. At the same time, 23,050 is a blockage level.
-IANS
ABS/
