Stock market
The Indian stock market was a great rise last week. The BSE’s 30 -share Sensex rose 3,076.6 points, while the National Stock Exchange’s Nifty was in profit of 953.2 points. Investors’ faces blossomed as the market returned brilliantly after a huge selling in the market. Now the new week is going to start from Monday. Investors have a question in mind whether the market will continue to grow or the decline may return. If you also invest money in the stock market, then you must be looking for the answer to this question. The stock market expert says that the market may continue to rise. Let’s know why?
Expected to fast from foreign investors returning
Siddharth Khemka, Head (Estate Management) of Motilal Oswal Financial Services Limited, said that we hope that this boom will continue due to foreign institutional investors returning to the Indian market amidst attractive evaluation and economic revival. An analyst said that investors will also be eyeing the rupee’s stand against the dollar and the global benchmark brent will also be at the price of crude oil. Senior Vice President -od Ajit Mishra, Senior Vice President of Railways Broking Ltd. Ajit Mishra said that due to no major economic developments on the domestic front, everyone’s attention will be on the disposal of derivative contracts of March and activities of FII. On the global front, everyone will watch the US markets. The fees related to fees and the growth rate of GDP (GDP) will affect the notion of investors. He said that although there has been temporary relief in the US markets after a sharp decline, the mixed signs may lead to some fluctuations in the coming sessions.
FII selling now reduced
Jijit Financial Services Research Head Vinod Nair said, “The domestic market has concluded the week with constant improvement. Investment flows in emerging markets are returning due to anticipated reduction in risk-free rates, improvement in dollar index. Foreign institutional investors (FIIs) have now reduced the selling and have become pure buying. This has improved the perception of the domestic market. ”According to the stock market data, foreign institutional investors (FIIs) on Thursday bought shares worth Rs 3,239.14 crore. On Friday, FII remained pure buying and bought shares worth Rs 7,470.36 crore. Apart from this, global trends, fees related developments and activities of foreign investors will also decide the direction of the stock market next week.
Latest business news
