Share Market Outlook: Will the Sensex sink into the red? Or will greenery return, how will the stock market be on Monday?

Share Market Outlook: Next week will be very important for the Indian stock market. The direction of the stock market will be decided by RBI monetary policy, US-Iran tension and the movement of crude oil. The meeting of the Reserve Bank of India Monetary Policy Committee (RBI-MPC) is proposed between April 6-8 to review interest rates. This meeting is taking place at a time when global crude oil prices remain at the highest level, due to which concerns about inflation are increasing across the world.

The war between America and Iran will also be an important factor for the stock market next week, because the impact of the war is now visible on the world’s supply chains. In such a situation, updates related to this war will be important for the stock market in the coming week.

Crude oil around $109 per barrel

At present, crude oil remains around $109 per barrel. It has increased by more than 34 percent in the last one month. In such a situation, investors will keep an eye on the movement of crude oil in the coming week. Last week the stock market closed in the red. During this period, Sensex closed at 73,319.55 with a fall of 1,953.90 points or 2.60 percent and Nifty closed at 22,713 with a weakness of 593.35 points or 2.55 percent. This was the sixth consecutive week when the stock market witnessed a decline.

Nifty Metal closed in the green

Top losers among the indices were Nifty PSU Bank (5.21 per cent), Nifty Consumer Durables (4.06 per cent), Nifty Healthcare (4.04 per cent), Nifty Auto (3.87 per cent), Nifty Pharma (3.84 per cent), Nifty Private Bank (3.27 per cent), Nifty Infra (2.90 per cent) and Nifty Realty (2.89 per cent). Were. During this period, only Nifty IT (2.60 percent) and Nifty Metal (1.01 percent) closed in the green.

Along with largecap, midcap and smallcap also closed in the red. The Nifty Smallcap 100 index closed at 15,650.50, down 246.05 points or 1.55 per cent, and the Nifty Midcap 100 index closed at 53,677.05, down 1,654 points or 2.99 per cent.

Also read: Middle East war and fear of Trump! Outcry in the share market, will the market fall further? Know the opinion of experts

How will the stock market be next week?

Experts believe that in the coming week also stock market There may remain fluctuations in the share market, because the eyes of investors are fixed on the developments in West Asia. According to experts, if the tension subsides, there may be a fall in crude oil prices and stability in the currency, which will provide relief to the market. At the same time, if tensions increase, there will be pressure on foreign investment and weakness in the market may continue. At present the prices of Brent crude remain around $107 per barrel.