Investors are gearing up for a busy week in the stock market as they keep an eye on various triggers that could impact the market. The Indian equity indices have been on a winning streak, reaching new all-time highs. Despite some initial drops, positive fundamental factors such as strong GDP growth and global market improvements have helped drive the market higher.
Sector-wise, all indices ended higher except for Media, Pharma, and IT. Banking stocks performed well, while IT and pharma sectors faced some weakness. The market also saw a special session where both Nifty 50 and Sensex ended higher, setting new closing highs.
Looking ahead, investors will be closely watching domestic and global macroeconomic data, political developments, crude oil prices, foreign capital inflow, and global cues. Several new IPOs and listings are also scheduled for the coming week, adding to the market activity.
Foreign institutional investors (FIIs) have been net buyers in the Indian markets, with domestic institutional investors (DIIs) also showing strong interest. Global cues, including US economic data and crude oil prices, will also play a role in market sentiment.
Overall, analysts remain positive about the market sentiment, but caution that volatility could still be a factor. Investors are advised to continue with a “buy on dips” strategy and focus on stock selection. The market will be closely watching key triggers in the coming week to gauge the direction of the stock market.
