Share Market Outlook: Bumper rise or fall, how will be the stock market on Monday? These factors will decide the move

Share Market Outlook: This week starting from Monday is going to be very important for the Indian stock market. During this period, the market trend will be decided by the results of the first quarter of FY27, FII movement, crude oil price and US-Iran peace talks update. The results season will start from this week. During this time, the results for the first quarter (April-June) of FY 27 will be released by Tata Consultancy Services (TCS) on July 9. It will be one of the first major companies to release quarterly results.

US-Iran peace talks and crude oil will play an important role in determining the direction of the market next week. At present, due to peace talks between America and Iran, the Strait of Hormuz is open, due to which the crude oil benchmark Brent crude remains stable around $ 72 per barrel.

Will keep an eye on foreign investors

Foreign institutional investors (FIIs) can play a big role in the market this week. Last week they were net sellers with sales of around Rs 4,000 crore, but in Friday’s trading session they invested Rs 1,355.33 crore in the stock market. The trading week running from June 29 to July 3 was profitable for the Indian stock market. During this period, Sensex was at 77,763.91 with a gain of 663.44 points or 0.86 percent and Nifty was at 24,270.85 with a gain of 214.85 points or 0.89 percent.

There was a rise in large caps last week

along with large caps midcap and smallcap A rise was also seen. The Nifty Midcap 100 index was at 62,190.30, up 394.80 points or 0.64 per cent, and the Nifty Smallcap 100 index was at 19,175.10, up 384.75 points or 2.05 per cent. During this period, the maximum rise in the indices was seen in Nifty Realty (7.81 percent) and Nifty Pharma (3.11 percent).

Followed by Nifty Healthcare (2.99 per cent), Nifty India Defense (1.89 per cent), Nifty FMCG (1.37 per cent), Nifty Metal (1.23 per cent) and Nifty Services (1.23 per cent) were the top gainers. On the other hand, Nifty PSU Bank (2.65 percent), Nifty Energy (1.16 percent) and Nifty Private Bank (0.38 percent) closed in the red.

Also read: explainerCalcutta Stock Exchange once used to compete with Mumbai’s BSE, how did a scam wipe out the empire?

How was the market on Friday?

On the last day of the week i.e. Friday, July 3 indian stock market There was a rise in. Where both the major market indices Sensex and Nifty opened in the green for trading. During early trade, BSE Sensex was seen trading at 7,878.35 with a rise of 376.23 points or 0.49 percent. At the same time, Nifty 50 of National Stock Exchange (NSE) remained at 24,300.50 with a rise of 124.80 points or 0.52 percent. The market rise was led by IT stocks. As soon as the market opened, there was a rise in the shares of famous tech companies Infosys, Tech Mahindra and TCS.

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