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Stock market expected to rise this week: From US unemployment rate to FII-DII flow, 6 factors will decide the market movement

The stock market may see a rise this week. The market will keep an eye on US unemployment rate, global economic data, domestic economic data, FII-DII flow and upcoming IPO. 6 factors will decide the market movement this week: 1. US unemployment rate At the global level, investors will keep an eye on the US unemployment rate, non-farm payrolls, August monthly vehicle sales, weekly jobs data, jolts job openings and quits and July factory orders. All these data will affect the market sentiment. All these data are very important before the September policy meeting of the Federal Reserve. According to experts, the central bank may announce the first rate cut. In July, the unemployment rate increased to 4.3% from 4.1% in the previous month. 2. Global economic data Apart from the US economic data, PMI data of manufacturing and services of many developed and developing countries including Japan-China will be released this week. Apart from this, the market will also keep an eye on the third estimate of Europe's Gross Domestic Product (GDP) for the June quarter. 3. Domestic Economic Data The final data of HSBC Manufacturing and Services PMI for August will be released. HSBC Manufacturing data will come on September 2 and Services PMI data on September 4. According to flash data, Manufacturing PMI declined to 57.9 in August from 58.1 in the previous month, while Services PMI increased from 60.3 to 60.4 during the same period. Apart from this, data on bank loan and deposit growth for the 15-day period ending on August 23 as well as foreign exchange reserve for the week ending on August 30 will be released on September 6. 4. Initial Public Offering (IPO) 5. Auto Stocks Auto stocks will be in focus early next week. Because, automobile companies have started releasing their August sales figures from September 1. 6. FII-DII Flow The market will also keep an eye on the activities of Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII). After remaining net sellers for the last several weeks, FIIs have now become net buyers in the cash segment of the Indian equity markets. FIIs bought shares worth Rs 9,217 crore last week, bringing down the total outflow to Rs 21,369 crore in the current month. At the same time, DIIs bought shares worth Rs 1,198 crore in the last week and Rs 48,279 crore in the entire month of August. Last week, the Sensex had gained 1,280 points. In the entire last trading week, the Sensex had gained 1,280 points (1.58%) and the Nifty had gained 413 points (1.66%). On the last trading day of last week i.e. Friday (August 30), the market had made a record. Nifty index set a record of closing on a high for 12 days In fact, the Nifty index, launched in 1996, set a record of closing on a high for 12 consecutive days. Earlier in 2007, Nifty saw a continuous rise for 11 days. At the same time, there was a continuous rise for 10 days in January 2015 and April 2014. On Friday, the Sensex closed at the level of 82,365 Nifty touched a record level of 25,268 in Friday's trading. However, later it came down a bit and closed at the level of 25,235 with a gain of 83 points. Sensex also touched a record level of 82,637, it closed at the level of 82,365 with a gain of 231 points.

Graphics Source: VaskarAssets

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