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GDP data, crude prices among 7 factors likely to steer D-Street this week

🎢 Seven Things Steering D-Street This Week

Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated

✨ OOPS SAYS

So the market could go up, down, or sideways depending on literally everything happening on Earth this week. Thanks for narrowing it down, analysts.

What actually happened

Indian equities are likely to take cues from a slew of domestic and global factors this week, including Indias first-quarter GDP data, US jobs numbers, crude oil prices, institutional flows and global technology sentiment. Analysts expect the Nifty to remain in consolidation, with the technical setup balanced as investors track key resistance and support levels.

Key points

  • Indian equities are likely to take cues from a slew of domestic and global factors this week, including Indias first-quarter GDP data, US jobs numbers, crude oil prices, institutional flows and global technology sentiment.
  • Analysts expect the Nifty to remain in consolidation, with the technical setup balanced as investors track key resistance and support levels.

Summary based on data provided by The Economic Times. Full article available at the original publisher.

  • #technology
  • #data
  • #crude
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