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Bloomberg Quint

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Image Credit: Bloomberg Quint

Global Trends, Inflation Data, FII Trading Activity To Drive Market Sentiments This Week: Analysts

  • Equity investors will monitor global market trends, inflation data, and FII trading activity this week for further cues, according to analysts.
  • Key areas of focus include high-frequency indicators like CPI inflation, progress of monsoon, and trade negotiations both domestically and globally.
  • The recent rally in rate-sensitive sectors following a significant rate cut by the Reserve Bank boosted benchmark indices Sensex and Nifty.
  • Expectations of a gradual up-move in Indian markets are supported by positive sentiment from the rate cut and optimism around potential US-India trade agreement, though global uncertainties may induce volatility.

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