Market focus shifts to macroeconomic indicators and FII inflows as key triggers remain absent
The Statesman|December 09, 2024
The market outlook of next week is likely to be shaped by a mix of global cues, domestic economic indicators, and the flow of investments from foreign and domestic institutional investors, according to the experts on Sunday.
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Market focus shifts to macroeconomic indicators and FII inflows as key triggers remain absent

Pravesh Gour, Senior Technical Analyst at Swastika Investmart said, "Significant macroeconomic releases—including retail inflation and industrial production data from India, as well as US Core CPI and unemployment figures—are expected to influence overall market sentiment."

In the last week, the Indian stock market ended with gains. This was the third consecutive week when the stock market closed in the green. Nifty closed at 24,677 with a gain of 2.27 per cent or 546 points and Sensex closed at 81,709 with a gain of 2.39 per cent or 1,906 points.

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