Key Points
Investors will eye several stock market triggers in the third week of the month including domestic macroeconomic data, US Federal Reserve minutes-of-the-meeting, crude oil prices, foreign capital inflow, along with global cues..
The beginning was subdued however gradual recovery in the following sessions not only pared losses but also helped the index to close around the weeks high..
Foreign institutional investors (FIIs) were buyers for three out of five sessions last week, yet the total divestment stood at 6,240.55 crore, while domestic institutional investors (DIIs) were buyers for all five sessions, with a total investment of 8,731.6 crore, according to stock exchange data..
Foreign portfolio investors (FPIs) started February on a positive note but took a U-turn on weak global cues and continued January's selling streak in Indian markets..
The US Federal Reserve will release its Federal Open Market Committee (FOMC) minutes-of-the-meeting this week, which will lend further cues towards interest rates trajectory for global markets and investors would be closely watching the US Fed's move on interest rates going ahead..
You might be interested in
Week Ahead: Q2 Results, US bond yields, other global cues among key market triggers this week
22, Oct, 23The upcoming holiday-shortened week will be crucial as markets may remain volatile on global cues and the scheduled expiry of October month derivatives contracts. Participants will closely track Q2FY24 results, Israel-Hamas conflict, along with the activity of foreign investors.