Now Reading: Crude, West Asia tensions, inflation data to steer markets this week
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Crude, West Asia tensions, inflation data to steer markets this week
Crude, West Asia tensions, inflation data to steer markets this week
Analysts say crude oil prices, West Asia tensions, and inflation data will drive Indian stock markets this week, as per The Hindu BusinessLine and NDTV Profit. Ajit Mishra of Religare Broking flagged…
The Story in Brief
Analysts say crude oil prices, West Asia tensions, and inflation data will drive Indian stock markets this week, as per The Hindu BusinessLine and NDTV Profit. Ajit Mishra of Religare Broking flagged the July CPI and WPI prints due August 12 and 14, plus US CPI and PPI on August 12 and 13, as key domestic and global cues. Santosh Meena of Swastika Investmart noted the new Closing Auction Session for F&O stocks debuted last week, contributing to volatility. Foreign portfolio investors net bought Rs 12,921 crore in the first week of August. The Strait of Hormuz situation and US-Iran talks remain in focus.
The Indian Opinion
Every week brings a new set of triggers, and analysts are quick to label them market movers. But the constant focus on crude prices and West Asia tensions risks overlooking structural factors like domestic demand or policy continuity. The real test will be whether the Nifty holds above 25,000 once the inflation and geopolitical noise settles.
Sources (2): thehindubusinessline.com, ndtvprofit.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
