Indian equities are likely to remain volatile next week as rising crude oil prices, global bond yields, stronger-than-expected US jobs data and foreign investor flows influence sentiment. Renewed US-Iran tensions and uncertainty over the Strait of Hormuz are also key concerns.
Benchmark equity indices are expected to remain under pressure this week as rising crude oil prices, geopolitical tensions and mixed corporate earnings weigh on investor sentiment. Analysts see immediate resistance for the Sensex at 76,300 and crucial support for the Nifty near 23,600
Indian stock markets are expected to be guided by crude oil prices, global cues, TCS's June-quarter earnings, monsoon progress and foreign investor activity. Analysts also expect the US Fed minutes and developments in US-Iran talks to influence investor sentiment
Stock market sentiment this week is expected to be driven by geopolitical developments in West Asia, crude oil price movements, domestic macroeconomic data, foreign investor activity and the progress of the southwest monsoon, according to market analysts