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Quarterly earnings, crude oil and Iran-Israel conflict… know how the stock market will be this week – India TV Hindi

Vaseline 2 months ago

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Iran-Israel conflictThe trend of the stock markets this week will be influenced by the quarterly results of companies and the activities of foreign investors. While expressing this view, analysts also added that the market will also be affected by the movement of the rupee against crude oil and the dollar. Pravesh Gaur, senior technical analyst at Swastika Investmart Limited, said this week is very important for the market amid ongoing concerns over the Iran-Israel conflict. He said if tensions escalate significantly there is a risk of panic selling and increased volatility in global stock markets. Last week, BSE Sensex was down 1,156.57 points or 1.55 percent. The combined market valuation of six of the 10 most valuable companies had fallen by Rs 1,40,478.38 crore this week.

Crude oil prices will be monitored

In addition, the market will closely monitor fluctuations in crude oil prices, as geopolitical events often influence them. This week, investors will also keep an eye on the quarterly results of Tech Mahindra, Bajaj Finance, Nestle, Bajaj Finserv, HCL Technologies and Maruti. Last week, the BSE Sensex was down 1,156.57 points or 1.55 percent. While Nifty fell 372.4 points or 1.65 percent.

Will also keep an eye on companies’ quarterly results

Siddharth Khemka, head of retail research at Motilal Oswal Financial Services Limited, said this week will monitor quarterly earnings of companies along with global cues. He said investors will also keep an eye on U.S. PMI data for the manufacturing and services sectors, U.S. first-quarter GDP and Japan’s monetary policy.

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