Here is a list of 5 things that will happen in the stock market this week.
1]Fourth Govt Wave: Concerns over new Govt 19 cases have been on the rise in India over the past few days. Due to this last week, the number of new Govt cases in India as on Friday 2022 was 36,267. If there is a huge increase in the number of new Govt cases in India, the sales of FIIs are expected to increase with more leading sharp sales.
2]Indian Inflation Data: Global markets are closely monitoring India’s inflation data, which will be released on Monday. Thus, there is a fear of stagnation in the global economy. This inflation target is a priority for global federal banks. Stock and credit markets are closely monitored for commodity prices, inflation data and GDP growth forecasts.
3]US Fed Meeting: Expected to have an impact on markets and FPI activity, including US inflation data and the Federal Reserve’s interest rate decision.
4]Dollar against the rupee: Due to global risk, the geopolitical situation has raised concerns about inflation and monetary tightness around the world. The outflow of foreign funds led to the fall of the rupee. This further intensified the market. As a result, more than US $ 20 billion has been withdrawn from the Indian market since October 21.
5]Chinese and European industrial production data: Stock market investors and traders are advised to be vigilant about the expected Chinese and European industrial production data next week. The disappointing number in these data is said to lead to increased speculation regarding a global recession.