Posted by AI on 2025-08-29 04:37:30 | Last Updated by AI on 2025-08-29 08:09:14
Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 0
Shares of Reliance Industries, IndiGo, ICICI Bank, TVS Motor, Infosys, NTPC, and others will be in focus on Friday's trade. The Indian stock market had a volatile week, with the BSE Sensex dropping over 1,300 points in just two trading sessions. The markets faced pressure from the global market outlook and the Russia-Ukraine war, which affected the IT sector particularly.
However, experts believe it presents an opportunity for long-term investors to buy stocks at current levels. The focus will be on the execution of the bank's strategy and their guidance for H1 FY24. Meanwhile, investors will keep an eye on the RBI policy meeting next week for clues about the central bank's stance on inflation and interest rates. In political news, the BJP's impressive show in the UP elections raises hopes for the party's performance in other state polls, which could potentially boost market sentiment.
Stay updated with the market movements, follow the volatility, and make informed decisions.
Overall, the stock market this week saw a downward trend, but investors are hopeful for a turnaround on positive cues.