nifty, what will happen to the stock market this week? Things to watch out for! – Stock market for week ahead as us fed expected to hike interest rate due to high inflation

by time news
The stock market was volatile last week and eventually ended in decline. In this case, there is great expectation as to how the stock market will be next week. Because the US Federal Reserve meeting will be held next week.

This time the US Federal Reserve is expected to raise interest rates again. Because inflation in the US has risen in August as well. Federal Reserve Chairman Jerome Powell has already indicated that he is willing to sacrifice growth to control inflation.

Therefore, the Federal Reserve is expected to raise interest rates again this week by around 0.75%. If interest rates are raised like that, the US stock market will fall sharply. As a result, the Indian stock market may fall.

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In India too, retail inflation rose to 7% in August. The Reserve Bank of India’s policy meeting will be held next month. Experts warn that Indian stock markets may fall further if interest rates are raised.

So far, due to slow economic growth and fears of economic recession, doubts have arisen whether the stock market will rise further.

It is noteworthy that Sensex fell by 1093.22 points and Nifty by 346.55 points last Friday.

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