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Stock Market Next Week: The Indian stock market may see a lot of ups and downs next week. Experts believe that the quarterly results of many big companies, decisions on Federal Reserve interest and foreign portfolio investors (FPI) business activities may be fixed this week. Along with this, the figures to be issued for monthly vehicle sales, the announcement of comprehensive economic data and the trends of the global market are also going to play an important role in determining the direction of the Indian market.
Look at US tariff
The focus of the market will also be on the deadline of the US tariff to be implemented from August 1 and Bhurajnical tension between Thailand-Kambodia. It is worth noting that on August 1, there are dozens of countries including India, on which the period of ban on the reply fee from the US administration is ending. Ajit Mishra, Senior Vice Chief of Broking firm Railgear Limited, says that the new month will begin with several important economic data, with industrial production and HSBC manufacturing PMI figures on August 1. In addition, market fluctuations can also be seen due to disposal of derivative contracts in the month of July.
He says that along with the decision on the interest rate of the US Federal Reserve and the increase in GDP (GDP), business talks will also keep a business negotiations along with the August time-limit of the US tariff. Everyone will be watching the rupee move and crude oil prices against the dollar.
Eye on financial quarterly results
Pravesh Gaur, Senir Technical Analyst of Swastika Investmart Limited, says that looking forward, now everyone’s eyes are on the results of the first quarter of many major companies. This week, major companies like Bharat Electronics Limited, IndusInd Bank, Asian Paints, Tata Steel, Mahindra, Coal India, Hindustan Unilever, Maruti Suzuki and ITC will announce their quarterly results. The performance of these companies will decide whether the market will get support in the near future or it will trade at the lower level.
Last week, the 30 -share Sensex of BSE came down 294.64 points or 0.36 percent. At the same time, the Nifty of the National Stock Exchange lost 131.4 points or 0.52 percent. Siddharth Khemka, Research Chief (Estate Management) of Broking firm Motilal Oswal Financial Services Limited, says that the uncertainty on Indo-US trade agreement, uncertainty, fiscal year 2025-26, the first quarter of the first quarter of the first quarter of the first quarter and the growing FII withdrawal so far, we believe that there will be a weakness in the market.
