Key Factors to Watch in the Market
Market reports the biggest weekly gain in 16 months, hitting 21,000 for the first time.
Sector-wise support: Banking, energy, infrastructure, technology, metal, oil & gas, and auto stocks.
Favorable state election results hint at more infrastructure investment, boosting market sentiment.
Focus on Fed: Market awaits outcome of the FOMC meeting and commentary by Fed Chair Jerome Powell.
US Inflation: Eyes on the inflation numbers, expected to be steady in November.
Global Economic Data: ECB and BOE interest rate decisions and PMI data from key economies.
CPI Inflation in India: Expected to increase in November, RBI maintains full-year inflation forecast.
FII Flow: Strong foreign institutional investor activity supporting the market.
Oil Prices: Falling oil prices provide fiscal relief and boost company earnings.
IPO Buzz: Upcoming IPOs in the primary market, active week for mainboard and SME segment.
Technical View: Market momentum remains strong, experts foresee consolidation before the next leg up.
F&O Cues: Options data suggests 21,000 as a crucial level, indicating potential uptrend continuation.
Corporate Action & Earnings: Fedbank Financial Services, SpiceJet, Gandhar Oil Refinery India, and Flair Writing Industries Q2 results.