Stock Market This Week, US Fed Decision, Crude Oil And Jio Platforms Listing In Focus
Indian markets may remain volatile this week amid the US Fed decision, rising crude oil, quarterly results and Jio Platforms listing.
Indian markets may remain volatile this week amid the US Fed decision, rising crude oil, quarterly results and Jio Platforms listing.
Indian stock markets face a crucial week as investors await the US Fed decision, Q2 earnings, Jio Platforms listing and crude oil price movements.
Nifty could climb towards 23,300 if it crosses 22,800, while Sensex may target 74,000 above 73,200. Experts warn that volatility could persist despite the market’s eight-week losing streak ending.
Sensex rose to 72,257.60 in morning trade as IT stocks led gains, even as heavy foreign selling and elevated oil prices clouded the outlook.
Sensex and Nifty fell for a seventh week as expensive crude, rising US yields and foreign selling weighed on sentiment.
Sensex rebounded 315 points and Nifty reclaimed 23,100 as value buying in banking, auto and consumer durables lifted markets.
Sensex gained 332.63 points and Nifty reclaimed 23,200 as FMCG, PSU banking and realty shares led a market rebound ahead of the Fed decision.
Indian markets rebounded after Tuesday’s sharp losses, with Sensex gaining 244 points and Nifty crossing 23,200 amid value buying.
Mumbai: Indian stock markets may remain range-bound and cautious in the near term, with key technical levels likely to decide