Suspense Crime Sach Ka Dam
Last week, the Indian stock market fell sharply. The Sensex fell by more than 4000 points. This huge fall has caused investors to lose about Rs 18 lakh crore. Small investors are upset due to such a huge fall in the market. They do not understand what is going to happen in the market next. If you also invest money in stocks, then you will definitely be worried about the market activity from Monday. Let us know how the Indian stock market may move from Monday. What do stock market experts say about the market movement?
A lot will depend on FPI
Market experts say that the movement of the Indian stock market from Monday will depend a lot on the activities of foreign investors. If they continue to withdraw money from the market, the market will see further decline. At the same time, the market may stabilize when the selling stops. There are no major developments on the domestic front in this week with fewer trading sessions. In such a situation, market participants will keep an eye on global indicators. The stock markets will remain closed on Wednesday on the occasion of ‘Christmas’. Pravesh Gaur, Senior Research Analyst, Swastika Investmart Ltd. said, “Looking ahead, there is a lack of any major indicator on the domestic front. However, some global indicators will play an important role in giving direction to the market. This includes bond yields in the US, performance of the dollar index, unemployment claims and new home sales data. ”
The weakening of the rupee also has an effect on the market
Gaur said, “There is a series of fluctuations in the market. Also, foreign institutional investors are continuously selling. In such a situation, investors are expected to adopt a cautious stance. Despite the recent weak trend, the market outlook remains cautiously optimistic. However, the continuous selling by FIIs has increased the pressure on the market.” Last week, the BSE’s 30-share Sensex fell 4,091.53 points or 4.98 percent, while the National Stock Exchange’s Nifty was down 1,180.8 points or 4.76 percent. VK Vijaykumar, Chief Investment Strategist, Geojit Financial Services, said, “FIIs’ attitude suddenly changed from buying to selling, which has affected the market.” Analysts said that the rupee-dollar trend and global crude oil prices will also play an important role in giving direction to the market. Religare Broking Ltd. Senior Vice President-Research Ajit Mishra said, “This week will have fewer trading sessions.
Weakness likely to persist
Market participants will keep an eye on FII flows and the performance of global markets.” Motilal Oswal Financial Services’ Head-Research, Wealth Management Siddharth Khemka said that weakness is likely to persist in the Indian market. Amidst the volatility, market participants will keep an eye on global indicators. He said that the festive season is coming and there will be a holiday for two-three days in the global markets. In such a situation, activities in the local market will also remain sluggish.
