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Share Market Outlook: The coming week is going to be very important for the Indian stock market. Factors like the US Fed’s decision on interest rates, June quarter results, crude oil prices and tension in the Middle East will together decide the direction of the stock market. The US Fed meeting to review interest rates is proposed between July 28-29. All investors will have an eye on this meeting in the coming sessions.

Furthermore, updates regarding tensions in the Middle East will influence market movements in the upcoming sessions. Last week, due to the increase in war between America and Iran, the prices of crude oil had reached around $ 100 per kg.

Impact on quarterly results of companies

Domestic economic data will also influence market movements. Industrial and manufacturing production data will be released by the government on July 28. Whereas, BEL, Canara Bank, Coal India, Coforge, MK, JK Paper, RR Cable, Tata Power, Tata Chemical, Ambuja Cement, Asian Paints, Adani Ports And companies like Adani Enterprises, Dabur, Viguard, Exide Industries, M&M and LIC Housing will release their first quarter FY27 results.

How was the stock market last week?

indian stock market Last week was full of ups and downs. During this period, Sensex was at 76,059.77 with a weakness of 2,091.68 points or 2.68 percent and Nifty was at 23,767.45 with a decline of 566.85 points or 2.33 percent. The broader market also witnessed a decline. The Nifty Midcap 100 index was down 805.70 points or 1.29 per cent at 61,622.35 and the Nifty Smallcap 100 index was at 18,874.95, down 421.35 points or 2.18 per cent.

Top gainers and losers of the week

Among the indices, Nifty Private Bank (4.32 per cent), Nifty Realty (4.02 per cent), Nifty Financial Services (3.69 per cent), Nifty Services (3.17 per cent), Nifty Oil & Gas (1.96 per cent), Nifty IT (1.57 per cent) and Nifty Infra (1.46 per cent) were the top losers. At the same time, Nifty FMCG (0.62 percent), Nifty Auto (0.44 percent), Nifty Media (0.39 percent) and Nifty PSE (0.14 percent) were the top gainers.

Market decline on Friday

There was a big fall in the Indian stock market on Friday, the last trading day of the week. Where both the major market indices Sensex and Nifty opened in the red. BSE Sensex fell 672.91 points or 0.88 per cent to 75,718.48 during early trade. At the same time, NSE Nifty is trading at 23,672.90, down 196.70 points or 0.82 percent. Realty and consumer durables stocks were leading the market in early trade.