Politics, inflation and economic statistics? Know whose magic will work on the market next week

Stock market

Stock Market.

Market view: Very important to the Indian stock market next week. Inflation, export data, and tension between India and Pakistan will have an impact on the stock market with quarterly results.

Next week SMC Global, Bajaj Electricals, JM. Financial, Raymond, Tata Steel, UPL, AP Capital, Bharathi Airtel, Sipla, Hero MotoCorp, Tata Motors, Hall, Tata Power, JS.

Bajaj Brooking Research suggests that retail inflation statistics will be released by the government at the domestic level. This will provide information about the prices of commodities in the country. In addition, the export data will be released on May 15, which will provide correct information on the country’s foreign trade status.

Inflation statistics will be released in the United States in May 13, the Broking Company added. Apart from this, the U.S. Important persons such as unemployed claims and payment M2 will be released on May 15, which may be affected by the market.

The performance of the Indian stock market was weak last week. The Sensex fell by 1,047 points to 79,454 and Nifty fell to 24,008 due to India-Pakistan tension. During this period, real estate and public sector banks reported a huge decline, with BSU Bank and real estate index fell by 6.5 per cent and 4.5 per cent respectively.

From May 5 to May 9, foreign investors (FIIS) purchased Rs 5,087 crore in cash category and invested Rs 10,450 crore in the Domestic Institute (DIIS) category.

Investors are expected to affect the intelligence in the coming week as the tension between India and Pakistan is on the rise, which can create a situation in the Indian stock market, says Master Trust Group’s director Punit Singania. Any kind of tension or strong diplomatic advances on the border can cause uncertainty. He added that more events on geopolitical and corporate nodes would play an important role in determining the direction of the market.

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