Relevant for Exams
WPI, trade balance, FII activity, and India-US trade deal are key market cues.
Summary
The article outlines short-term factors expected to influence the stock market, including upcoming domestic data releases like WPI inflation and trade balance, alongside progress on the India-US trade deal. It also notes continued FII selling and DII buying. While focused on market sentiment, understanding these economic indicators (WPI, trade balance) and investor types (FII, DII) is fundamental for competitive exams, though the article lacks specific data points or policy changes.
Key Points
- 1Wholesale Price Index (WPI) inflation is a key domestic economic indicator watched by markets.
- 2India's Trade Balance, reflecting exports and imports, is another crucial economic data point.
- 3Progress on the India-US trade deal is identified as a significant international economic factor.
- 4Foreign Institutional Investors (FIIs) are noted for their continued selling activity in the market.
- 5Domestic Institutional Investors (DIIs) are providing stability through buying activity.
Full Article
Key factors will shape the stock market this week. Domestic data releases like WPI inflation and trade balance are expected. Progress on the India-US trade deal is also a focus. Technical indicators suggest Nifty needs to hold support levels. FII selling continues, while DII buying provides some stability. Currency movements will also be watched closely.