GST Reforms, Putin-Trump meeting after the US Fed rate cut: Top five factors that the Indian stock market can determine next week

The Indian stock market next week: The Indian stock market has finally hampered a six -week loss, as extreme oversold conditions and supportive global clues have lifted the investor sentiment. The Nifty and Sensex ended the week with a profit of about 1%, although momentum remained subdued due to persistent foreign outflow. Foreign Institutional Investors (FIIs) continued their aggressive sale and downloaded nearly £ 10,000 in the cash market, while domestic institutional investors (DIIs) took up pressure with a strong purchase worth £ 19,000. Wider markets have staged a recovery in sectors, led by pharmaceutical and car supplies, although FMCG has deteriorated. The stock market next week According to stock market experts, different domestic and global market triggers are expected to dictate Dalal Street movement. GST Reforms announced by Indian Prime Minister Narendra Modi in his Independence Day speech and the ‘progress’ Progress, but no transaction’ of the Trump-Putin meeting in Alaska, is expected to play a dominant role during the first few sessions. However, they have maintained that US minutes have fed the fear of Trump’s rates on India, a favorable monsoon season in the domestic market, and Indian inflation that strikes a record low, are some other triggers that cannot be ignored. Top five triggers that can determine Dalal Street 1]Trump-Putin meeting result: Avinash Gorakshkar, a Sebi-registered fundamental analyst, said: ‘The most awaited Trump-Putin meeting has ended with progress without any agreement. Before the meeting, the US President promised to get out of the meeting if he did not like Russian President Vladimir Putin’s approach. 2]GST Reforms: Anuj Gupta, director of Ya Wealth, said: “Bulls are expected to upload the announcement of the PM Modi’s announcement of GST reforms in its Independence Day speech. Consumer -oriented taxes have to move almost 99% of the 12% GST plate to 5% and the same number of goods from the 28% GST plate to 18%. Reserve Council drops a tip of a rate cut, the market is expected to rejoice as the outflow of FPIs can be interrupted after this announcement. However, rate cut, the strong sale of the FIIs can lead to a further increase in US bonds and the US dollar against major global currencies. However, the Indian market will not respond to this Trump-Putin meeting outcome, as the market does not have a breakthrough in the first meeting. About why renewed fear of Trump’s rates on India may not affect current scenario significantly, said Gaurav Goel, founder and director of Fineocrat Technologies: “We do not rely on a single export market. Domestic consumption, services, manufacturing and technology create a broad basis that can be shaken by a single policy decision. To how small this challenge is in our overall economy. Indian stocks, even if the tariff -related winds are continuing worldwide. ‘ Key levels for Nifty 50, Bank Nifty who spoke on the prospects of the Nifty 50 today, Santosh Mena said: “From a technical point of view, the Nifty 50 index established a strong base on the 24,350 level, which forms a bullish decorating chandelier pattern on the weekly map. 24,700-24.800. “The Bank Nifty Index has also found a strong base with its 100-DMA of 55,000. The immediate obstacle for the banking index is the 20 and 50-DMAs of about 55,800. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or brokerage businesses. before making investment decisions.