'Inflation data, Q4 results, global trends to drive stock markets'
The Free Press Journal|May 13, 2024
Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said.
'Inflation data, Q4 results, global trends to drive stock markets'

News flows around the general election would also be tracked by investors, market experts said.

Besides, investors would also take cues from the trading activity of foreign investors, the movement of global oil benchmark Brent crude and the rupee-dollar trend.

"Investors will be bombarded with economic data on both domestic and global fronts. Domestically, watch for Consumer Price Index (CPI) and Wholesale Price Index (WPI). Globally, focus will be on the US Producer Price Index (PPI) and Consumer Price Index (CPI) figures.

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