Stock market outlook: Quarterly results, global cues, FII activity to drive market sentiment this week
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NEW DELHI: Stock markets are expected to be primarily influenced by corporate quarterly reports, foreign fund activity and worldwide market trends this week. Global trade agreements and their market impact will also be under close observation.Last week, the BSE benchmark index increased by 2,876.12 points or 3.61 per cent, while the Nifty rose by 1,011.8 points or 4.21 per cent.“As the India-Pakistan conflict now stabilized and all major geopolitical events behind, investors’ focus is likely to shift towards assessing the ongoing Q4 corporate earnings season,” said Puneet Singhania, director at Master Trust Group, as quoted by PTI.“Additionally, there is growing optimism around the…
