Home inventory market will determine from main financial knowledge | The home inventory market will likely be determined this week, will keep watch over the value of oil


Mumbai: The movement of the Indian stock market will be determined by the key economic data released this week. However, the impact of the latest developments in the country and abroad will be seen on the market. Apart from this, the investment trends of foreign portfolio investors and domestic institutional investors will also determine the direction of the market. At the same time, the market will keep an eye on the movement of the rupee against the dollar and the price of crude oil in the international market.

Industrial and manufacturing sector production figures can be released on Monday at the beginning of the week, which will give you an idea of ​​how the pace of industrial production in the country in September. Its effect will be seen on the market.

At the same time, some major companies of the country will release their financial results for the second quarter of the current financial year, which will be looked at by investors. Adani Ports and Special Economic Zone, Coal India and Hindalco Industries will release their financial results on Monday, while Grasim Industries and ONGS financial data will be released on Thursday.

During the week, the figures for wholesale inflation will be released on Thursday, which will be awaited by the market.

Market experts say that after the much awaited decision of the Supreme Court in the Ram Janmabhoomi ownership case on Saturday at the end of last week, the positive atmosphere created in the country by the end of this very old case will also affect the financial market. .

On the other hand, the sales figures for the month of October will be released in the US on Friday and the GDP growth figures will be released in Japan. Apart from all this, the market will keep an eye on the progress towards the trade agreement between the US and China. US President Donald Trump said on Saturday that trade talks with China are going in the right direction, but the US will enter into agreements with China only when the agreement is right for the US.

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