Share Market Outlook: What will be the mood of the market on Monday, which factors will have an impact?
This week, the Indian stock market will trade for four days instead of five. The stock market will remain closed on Thursday on the occasion of Independence Day. This week too, domestic investors will keep an eye on the movement of markets around the world. The quarterly results of many companies will come, the market will react to them. Investors will also keep an eye on the inflation figures.
For some time now, there has been an atmosphere of instability in the stock market around the world. The Indian market is also not untouched by this. It has seen huge fluctuations during the last few trading sessions. Fear of recession in America, rising interest rates in Japan and high valuation of the domestic market were the main reasons for the fluctuations.
Let us know which way the stock market will turn this week and which factors will decide its condition and direction.
Important factors for the market
This week, investors will keep a close eye on the US and Asian markets.
Israel and Iran tensions and crude oil prices will also be big factors.
Quarterly results of many companies will come, the market will react to them.
Investors will also keep an eye on the inflation figures coming this week.
The recent allegations of Hindenburg Research on SEBI Chief can also have an impact.
Pravesh Gaur, Senior Technical Analyst at Swastika Investmart Ltd, said, "This week investors will focus on global markets. Markets across the world remained stable for a long time and now some correction is being seen in them. Domestic markets may also struggle to maintain their current levels this week. Apart from the high valuation of the market, increasing geopolitical tensions are also a big challenge for the market."