The coming week is considered very important for the share market. Last week, strength was seen in BSE Sensex and Nifty, although the market remained volatile.
Due to this rise, the total market cap of companies listed on BSE increased to more than ₹ 470 lakh crore. Now the market direction will depend on FIIs activity, India–US trade talks, inflation data and Rupee–Dollar movement.
Positive news related to the trade deal between India and America, especially agricultural exports, can support market sentiments. However, continuous selling by FIIs and weakness of the rupee are raising concerns. Wholesale inflation figures coming this week will also play an important role in determining the market movement.
