Share Market Tips: Know how the market will be this week, which stocks may be in turmoil

New Delhi This week, the recent macro economic data of the Indian stock markets will be based on the global trend and quarterly results of the companies. Investors investing in the stock market will also keep an eye on the developments related to the corona virus epidemic this week and cases of infection. In this way, the domestic stock market will see ups and downs in this week. 

Siddharth Khemka, head of retail research, Motilal Oswal Financial Services, said, “There is increasing market uncertainty due to rising tensions between the US and China and a spurt in cases of corona virus infection.” On the other hand, if there is any positive news about the corona vaccine, then the uncertainty from the market will reduce. In this way, it can be said that there will be volatility in the stock markets next week. Due to the timing of quarterly results of companies, some stocks will see activity.After the Reserve Bank’s monetary policy review last week, all eyes are now on inflation and industrial production figures. The Reserve Bank has not changed the repo rate in the review.

Last week the Reserve Bank of India Monetary Policy Committee made some announcements. The RBI had decided not to change the repo rate. Now investors are waiting for inflation and industrial production figures. RBI has said that inflation could remain at a high level in the second quarter of the current financial year and it will start coming down from the second half.

Ajit Mishra, vice-president (research), Religare Broking, said, “In the coming days, the global trend and quarterly results of companies will determine the direction of the market. Investors will also monitor macroeconomic data such as industrial production and consumer price index-based inflation, vaccine trials and corona virus infection cases.Quarterly results of Bank of Baroda, Central Bank of India, BPCL, Hero MotoCorp, MRF and NTPC are coming this week. The BSE 30-share index Sensex had gained 1.15 per cent or 433.68 points in the previous week and the National Stock Exchange index Nifty was up 1.26 per cent or 140.60 points.