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Business: For the past few days, the Indian stock market has been closing in the green. US Federal Reserve Chairman Jerome Powell has also indicated a reduction in interest rates. It was expected that the market would give a positive response on Monday, because the war between Israel and Lebanon can also spoil the mood of investors.
Which factors will be in focus this week?
- The market may react to signals of interest rate cuts in the US.
- There is also monthly F&O expiry this week, which will increase volatility.
- Investors will also keep a close eye on Israel-Lebanon tensions.
- Important data related to GDP growth and infrastructure are also coming.
There was a boom in the US stock market
On Friday, the US stock market saw a huge surge after Fed Reserve Chairman Jerome Powell hinted at a rate cut. Since this statement came after the Indian stock market closed, the market was unable to react to it. Experts believe that the US central bank may cut interest rates by 0.25 percent. This has excited investors all over the world, including India.
What is the opinion of stock market experts?
Vinod Nair, Research Head, Geojit Financial Services, said, "Investors were worried about the possibility of economic recession in the US. But, the fear of recession decreased due to positive economic data there, due to which the Indian stock market also saw a rise in the last trading week. Now the market will keep an eye on geopolitical tensions."
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