New Delhi: This week, the stock markets are expected to weigh upon the factors including the Q3 Results of corporates like HDFC Bank, ICICI Bank and Donald Trump’s swearing-in as the US President. Investors will keep a close eye on the buying and selling data of foreign investors.
Hindustan Unilever, Dr Reddy’s, UltraTech Cement, JSW Steel, ICICI Bank, BPCL, HDFC Bank, will be announcing their Q3 2024-25 results this week. All these companies are part of Nifty-50. The market’s movement will also depend upon the selling and buying by between Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs).
Experts ate also of the view that the trading in stock market will also depend upon the movement of global oil benchmark Brent crude and the rupee-dollar trend.
Stock market trade this week: What analysts say
“As the earnings season progresses, investors are expected to shift their attention to the upcoming Union Budget, which will outline the government’s economic and fiscal roadmap for the year. Market participants will closely watch for policy measures, fiscal allocations, and growth initiatives that could influence key sectors and overall investor sentiment,” Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd, was quoted by PTI as saying.
Siddhartha Khemka, Head – Research, Wealth Management, Motilal Oswal Financial Services Ltd, said, “Domestic equities are expected to remain volatile with stock-specific action as the corporate earnings season for the third quarter is in full swing. The December quarterly results together with management commentary will be closely tracked by investors.
“Donald Trump’s swearing-in as the 47th president of the United States on Monday, and the following policy announcements will have a strong impact on the global market sentiments.”
The BSE benchmark dropped 759.58 points or 0.98 per cent during January 14-18 and the Nifty declined 228.3 points or 0.97 per cent.
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This week’s stock market movements hinge on several key factors: Q3 earnings releases from major Nifty 50 companies (HDFC Bank, ICICI Bank, etc.), foreign investor activity (FII/DII), global oil prices (Brent crude), and the impact of Donald Trump’s presidential inauguration. Analysts predict volatility, emphasizing the importance of Q3 results and the upcoming Budget 2025. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
