Market Watch: Will Foreign Investors or US Elections Set the Next Trend?
Analysts predict the market will stabilise, with future direction relying on foreign institutional investors' selling decisions and the outcome of the upcoming US presidential election.
The flow of money from FIIs will be key to understanding where the market is headed.
Equity investors are keeping a close eye on how foreign investors are trading, global trends, and the latest earnings results.
Analysts believe that the market will likely stabilise this week because the monthly derivatives expiry is coming up.
Last week, the markets fell sharply. This was due to a lot of money leaving from foreign investors and some disappointing Q2 earnings reports.
This weakness may continue as investors are being careful with their choices ahead of the US presidential election next month.
The stock markets will be closed on Friday for Diwali. But there will be a special one-hour "Muhurat Trading" session on November 1 to celebrate the start of Samvat 2081.
Experts believe the market will stay stable for now. If the market changes direction, it will depend on how much foreign investors sell and what happens in the US presidential election.
The flow of money from FIIs will be key to understanding where the market is headed.
We can expect more ups and downs as we get closer to the October F&O expiry. The upcoming corporate earnings will also be important for how investors feel about the market.
What happens between Iran and Israel is important for everyone around the world because it can change oil prices.
The market might be careful as we get closer to the US presidential election.
Also, key information like the US jobs report and China's manufacturing numbers will be important to pay attention to.
