Top News

• Stock market boom or recession?
• Pay close attention between August 17 and 21
• These' triggers will determine the direction of the market

Share Market Weekly Outlook : Last week, the Indian stock market closed lower. That halted two consecutive weeks of bullishness. Rising crude oil prices and rising geopolitical tensions also put a lot of pressure on investors. Although companies posted good first-quarter results and buying continued in certain sectors, the market is struggling to maintain its momentum due to high levels of profit-taking and growing uncertainty over US-Iran tensions and events in the Strait of Hormuz. (Share Market Weekly Outlook) Therefore, the bullishness that had been going on for the past few weeks ended with a fall on the last day of the last week. What will be the situation in the coming weeks”text-align: justify;”> Designer Rakhi Business Idea : Big demand for designer rakhis! Start a business with an investment of just 'so much' Rs

Chances of transactions being limited

The Nifty remained largely in a limited range throughout the week, indicating that investors were cautious and investing cautiously rather than taking big risks. Despite positive domestic cues, geopolitical concerns continued to weigh, leading to a decline this week after two consecutive weeks of gains.

How much did the stock market fall?

Last week, the Sensex closed down 0.62% at 78,009.25, while the Nifty closed down 0.83% at 24,366. The performance of the broader market was mixed; The midcap index rose by 0.50%, while the smallcap index declined by 0.66%.

What will be the market trend now?

Experts opined that consumer durables and realty sector has seen a big growth due to positives in consumer durables and realty. Meanwhile, public sector banks remained strong due to better asset quality, attractive valuations and positive outlook on credit growth. Now, metal, automobile and FMCG sectors saw profit-taking on concerns of rising production costs.

Investors will now closely monitor crude oil, geopolitical developments, US retail sales, FOMC meeting minutes and Chinese economic data for more information on global developments and Fed policy.

A cautious approach will remain

According to analysts, rising crude oil prices, geopolitical risks and global monetary policy expectations will continue to weigh on market sentiment, so the market will enter the coming weeks with a cautious outlook. Crude oil price trends are particularly important for India, as they affect inflation, the current account balance and the rupee.

(Disclaimer : Here is stock market information, not investment advice. Navrashtra.com does not provide investment advice. Investing in stock market is subject to market risk, so please consult a certified investment advisor before investing.)

Vaping Ban Demand : Children under the influence of drugs? Nicotine products in chocolate-fruit flavor; Demand for stricter laws