Market Outlook: What will the state of the market be throughout the next workweek? Examine the opinions of specialists

 Market Outlook: What will the state of the market be throughout the next workweek? Examine the opinions of specialists

According to analysts, global trends and economic data will play a major role in determining how the stock market moves next week. But because of Guru Nanak Jayanti, the stock market will be closed tomorrow. Investors will also be monitoring the actions of foreign-invested enterprises and the rupee's value against the dollar in the next week. Read the whole news story.

Delhi, New. The beginning of a new workweek begins tomorrow, Monday, November 27. Experts predict that the stock market will mostly be driven by economic data and worldwide trends throughout the next week.

Tomorrow's market will stay closed.

Please take note that tomorrow is Guru Nanak Jayanti, and the stock market will be closed. Investors will also be monitoring the movements of the rupee vs the dollar and the business activities of foreign investors next week.

Given the relative stability of global signals, market players will be keenly monitoring changes in the price of crude oil, the rates on US bonds, and the dollar index. There were no notable movements in the major indexes last week, and the markets were mostly calm.

The last day of November will see the announcement of GDP numbers.

We would like to inform you that on November 30, the final day of November, the government will announce the GDP figures for the second quarter of the current fiscal year. On December 1, however, PMI (Purchasing Managers Index) data will be made available.

Senior Vice President of Master Capital Services Limited Arvinder Singh Nanda said,

Data on US GDP, crude oil inventories, US PMI, and Eurozone core CPI will all be watched closely by the market.

How did last week's market go?

Sensex gained 175.31 points, or 0.26 percent, while Nifty gained 62.9 points, or 0.31 percent, over the previous trading week. Experts predict that FPIs (Foreign Portfolio Investors) might enter the market this following week.

The yield on the benchmark 10-year bond has dropped significantly in the United States, from 5% in mid-October to 4.40 percent now. FIIs have been compelled to reduce their sales as a result. What matters is that they made purchases on four occasions this month, and on Friday, a huge Rs 2,625 crore transaction took place.