
Last week, the stock market saw a decline for the second consecutive week. BSE Sensex closed 742.74 points i.e. 0.90% and NSE NIFTY 181.45 points or 0.72% below. The main reason behind this decline was the pressure of the quarterly results of the companies, which had a negative impact on many stocks. Also, heavy selling by foreign institutional investors (FII) also affected market sentiments. FII has sold more than Rs 10,169 crore in the last few days, which led to weakness in the market, although the coming week can be very important for the market. On Monday, the quarterly results of veteran companies like Reliance Industries, HDFC Bank and ICICI Bank are coming, and good results of these companies are expected to be expected, which may have a positive impact on the market. Apart from this, the results of companies like Ultrate Cement, Infosys, Eternal, Bajaj Finance and Nestle are also coming, which will impact the market direction. The same India-US trade talk can start before 1 August, which can provide relief to the market. However, India may also have to face some negative impact due to former US President Donald Trump’s strict attitude towards BRICS countries. Overall, there is a possibility of ups and downs for the upcoming week market."pointer-events-none h-px w-px" aria-hidden="true" data-edge="true">
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