Analysts predict that Q2 profits, worldwide trends, and foreign investors' trading activities will influence market movement.

 Analysts predict that Q2 profits, worldwide trends, and foreign investors' trading activities will influence market movement.

Leading corporations such as Ashok Leyland, HPCL, NHPC, IRCTC, Power Grid, Tata Power, Hindalco, LIC, Mahindra & Mahindra, and Tata Chemicals will be revealing their quarterly results in the next few days.

The Nifty increased by 183.35 points, or 0.96 percent, last week, while the BSE benchmark increased by 580.98 points, or 0.91 percent.

Global trends, foreign investor trading activity, and the current corporate quarterly results report card are expected to be the main drivers of this week's equities market momentum, according to experts.

Additionally, the rupee-dollar movement and the global oil benchmark Brent crude would also be of interest to traders.

"The impending publication of the Q2 results report is anticipated to significantly impact market sentiment on the home front. The market may rise even more if FIIs (Foreign Institutional Investors) start making net purchases, according to Santosh Meena, Head of Research at Swastika Investmart Ltd.

Although geopolitical worries still exist, Meena said that they have not significantly affected the market's overall trajectory. She went on to say that the longevity of this good momentum would depend on how resilient global markets are. The industrial output data is expected to be released on Friday after market hours, pertaining to the macroeconomic front.

According to Arvinder Singh Nanda, Senior Vice President of Understand Capital Services Ltd., "global and domestic the macroeconomic situation events, FII, DII (Domestic The institutional Investors) investment pattern, petrol inventories, movement of the rupee against the dollar, US bond yield, the ongoing Israel-Hamas contention, along with the ongoing Q2 earning season are going to dictate the trend in the market this week."

In the next days, a number of significant businesses, including HPCL, NHPC, IRCTC, Power Grid, Tata Power, Ashok Leyland, Coal India, Hindalco, LIC, Mahindra & Mahindra, as well as Tata Chemicals, will release their quarterly results. stated Nanda.

Hi,On November 3, the 30-share BSE Sensex increased by 282.88 points, or 0.44 percent, to close at 64,363.78. The Nifty increased by 0.51 percent, or 97.35 points, to 19,230.60.

Strong local business profits, consistent macroeconomic statistics, and solid global hints all support the confidence. The little drop in oil prices and indications that the Fed is not expected to raise rates in the near future are boosting confidence, according to Vinod Nair, Head of Research at Geojit Financial Services, who made this statement on November 3.