Share Market Outlook: Will greenery return or will it be hit by decline, how will the market be on Monday? Know expert opinion

Share Market Outlook: Next week will be very important for the Indian stock market. America, Israel-Iran war; The market movement will be determined by the trends of foreign investors, the price of crude oil and the decision of the Federal Reserve meeting. The US Fed’s two-day meeting on interest rates will begin on March 17 and its decisions will be announced on March 18. At present, due to war and increased prices of crude oil, this time’s Fed meeting is being considered very important.

Crude oil prices will also be very important for the market this week. In the last one week, due to disruption in supply chains, the international price of crude oil has increased by about 11 percent. In such a situation, fluctuations in crude oil can play an important role in deciding the direction of the market next week.

Impact of Middle East crisis on the market

The US-Israel-Iran war has entered its third consecutive week. US President Donald Trump said on Saturday that the US could conduct additional air strikes on Kharg Island, which is important for Iran’s oil exports. In such a situation, war and tug of war can also play an important role in deciding the market movement. Foreign investors are continuously selling in the Indian stock market. In the first fortnight of March, foreign institutional investors (FIIs) withdrew Rs 52,704 crore from the equity market. In such a situation, the inclination of FII will also play an important role in determining the market sentiment.

Investors suffered huge losses last week

Due to tension in the Middle East indian stock market The past week has been a great loss for. During this period, Sensex saw a fall of 4,354.98 points or 5.52 percent and Nifty saw a fall of 1,299.35 points or 5.31 percent. Due to the fall between March 9-13, the market cap of all companies listed on the Bombay Stock Exchange (BSE) has declined by Rs 20 lakh crore to Rs 430 lakh crore, which was around Rs 450 lakh crore at the beginning of this week.

Also read: Market in red, big fall in Sensex-Nifty for the third consecutive day; ₹10 lakh crore cleared from investors

Biggest decline in Nifty Auto

The biggest decline in the indices during this week was seen in auto. Nifty Auto was the top loser across all indices with a fall of 10.64 per cent. With this, Nifty PSU Bank closed with a fall of 7.27 percent, Nifty India Defense 7.01 percent, Nifty Private Bank 6.96 percent, Nifty Metal 5.90 percent, Nifty Financial Service 5.68 percent, Nifty India Manufacturing 5.60 percent and Nifty Infra 5.07 percent.