Share Market: How will be the share market in the last week of the year, know the expert's opinion before investing.

New Delhi: The direction of local stock markets this week will be decided by global trends and activities of foreign institutional investors (FIIs). Analysts have expressed this opinion saying that there are no major developments on the domestic front in this short trading session week. In such a situation, market participants will keep an eye on global indicators. Stock markets will remain closed on Wednesday on the occasion of 'Christmas'. Swastika Investmart Ltd. Pravesh Gaur, senior research analyst, said that looking ahead, there is a lack of any major indicators on the domestic front. However, some global indicators will play an important role in directing the market. This includes data on bond yields, dollar index performance, unemployment claims and new home sales in the US.

Pravesh Gaur said that there are ups and downs going on in the market. Also, foreign institutional investors continue to remain sellers. In such a situation, investors are expected to adopt a cautious approach. Despite the recent weak trend, the market outlook remains cautiously optimistic. However, continuous selling by FIIs has increased the pressure on the market. Last week, the 30-share BSE Sensex fell 4,091.53 points or 4.98 per cent, while the National Stock Exchange's Nifty lost 1,180.8 points or 4.76 per cent.

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Impact on the market due to the attitude of foreign investors

VK Vijayakumar, chief investment strategist, Geojit Financial Services, said that the attitude of FIIs suddenly changed from buyers to sellers, due to which the market has been affected. Analysts said the rupee-dollar trend and global crude oil prices will also play an important role in directing the market. Religare Broking Ltd. Senior Vice President-Research Ajit Mishra said that this week will be of less trading sessions. Market participants will keep an eye on FII inflows and the performance of global markets.

Possibility of weakness in domestic market

Siddharth Khemka, head-research, wealth management, Motilal Oswal Financial Services, said the Indian market is likely to remain weak. Amidst the ups and downs, market participants will keep an eye on global indicators. He said that the festive season is coming and there will be a holiday for two-three days in the global markets. In such a situation, activities in the local market will also remain sluggish.