Inflation Data and Global Cues to Steer Indian Markets This Week
New Delhi, 14 December (H.S.): Analysts predict that wholesale inflation figures based on the Wholesale Price Index (WPI), foreign investor sentiment, and international signals will dictate the Indian stock market''s trajectory this week. Market ex
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New Delhi, 14 December (H.S.): Analysts predict that wholesale inflation figures based on the Wholesale Price Index (WPI), foreign investor sentiment, and international signals will dictate the Indian stock market's trajectory this week. Market experts noted on Sunday that investors will closely monitor the rupee's movement against the US dollar and crude oil prices amid last week's volatility, which saw benchmarks close in negative territory.

The BSE Sensex declined 444.71 points, or 0.51 percent, over the prior session. Attention now turns to India's November wholesale inflation data, following retail inflation's uptick to 0.71 percent last month, alongside inflation reports from the US, Eurozone, and other regions.

Domestic markets had rebounded on Friday, December 12, with the Sensex surging 449.53 points or 0.53 percent to settle at 85,267.66, and the Nifty climbing 148.40 points or 0.57 percent to 26,046.95, marking consecutive gains before the weekend pullback.

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Hindusthan Samachar / Jun Sarkar


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