- NIFTY will
be on the higher side as many heavy-weight industry leaders’ results have
been very strong in the last 3 days. But the NIFTY high levels are
significantly challenged by many other cues.
- This week
the NIFTY will remain very volatile and all eyes will be on the U.S Fed
rate hike direction and QoQ GDP figures will impact market sentiment.
- Any harsh
outlook or interest rate hike will get the Global market into a falling
trajectory
- This week
NIFTY has an expiry and it is expected that the market will remain range
bound within 16200-16800 levels.
- Household
inflation is coming down due to a fall in crude prices and states reducing
taxes on petrol and diesel.
- This week
the market will keep a close eye on very key results like Axis Bank, Tata
Steel, HDFC, TATAMOTORS, ITC, LT, ASIAN PAINT, BAJFINANCE, Tech Mahindra
among many other prominent names to give direction regarding the market.
- On the
other hand, Italy’s condition and china’s real estate problems will keep
the global markets under pressure.
- U. S
Quarterly results of Microsoft, Coca-Cola, and Apple will give direction
to the global markets.
- Back home
Indian market is expected to remain volatile this week. Investors should
invest in quality stocks and sectors where the upcoming growth of the
Indian monsoon followed by the festive season will be
captured.
- The
pressure on Rupee cannot be ruled out since it’s expected to keep the
Indian market on its toes.
- Every fall
in the market should have opted as an option to invest and create
long-term wealth.
Disclaimer: All the above rationales are based on the current scenario and it is more of a knowledge and opinion based. One should check his risk profile before taking investment calls. Equity is a long-term investment.
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