Stock Market Expert After closing with a five-week rise, the market closed last week with the fall. After moving towards the Nifty 10800, it closed around 10600 level. Market experts say that the market is in corrupt mode and the Karnataka election will see market fluctuations till the time the cleric arrives. However, during this time, the Nifty will remain at the level of 10450 levels below. At the same time, there will be constraints at the level of 10800. Experts have advised staying specific to the next few trading sessions.
Karnataka election will be the key factor
Stock Market Expert believes that quarterly results of some big companies are coming in the coming days. Earning Season is better, but after this, the Karnataka election for the next few days will be an important factor. According to Tina Virmani, Vice President Research, Kotak Securities, there will be ups and downs in some trading sessions. Expensive crude, fall in rupees, movements in bond yield and impact of Karnataka elections will be on the market. But the Karnataka election is an important factor.
Stock Market Expert says that the Karnataka elections are being considered as crucial for political stability and it is being seen in the 2019 general elections. In such a situation, till the time of the policy stability, the investors will get stock specific action. During this time, the market can look like trading at the level of 10450 to 10800. At the same time, if the result is in line with expectations of the market, then the Nifty crosses the 10800 level. After that, it can show a level of 11000 in the next 2 months.
Issued by FII
After April, all the trading sessions in May were sold by foreign investors. So far foreign investors have withdrawn Rs 2302 crores in May. At the same time, foreign investors have been sold by Rs. 9620 crores in April. Experts believe that foreign investors are expected to return to the market only after the results come in the results. At the same time, the fear of selling by FIIs in the coming days cannot be ruled out.
According to Stock Market Expert, the research head of Geojit Financial Services, the rising prices of the crude, acceleration in the dollar, movements in bond yield and geopolitical tension are still there. The impact of which will appear on the market. But the main concern of foreign investors to withdraw money from the market is the worry. At the same time, the market is also cautious about the Karnataka elections. Stock specific actions can be seen from the fourth quarter results.
This factor is also important
-VIX: The volatility index on the Nifty has been at the level of 13.7 below 14 levels for the last few days. Experts agree that there is enough space to reach the voltage index. In this case, there will be market views on the index. If the index goes up above 14 then fluctuations can be increased.
-The government will release industrial output data on Friday. Growth in industrial production has been above 7 percent for 4 consecutive months, in which such data coming for the month of March will be significant.
-Crew prices remain at $ 74.90 per barrel. At the same time, crude level of 75.17 touched last week. In such a situation, any upside movement in the crude can weaken sentiment.
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Karnataka election will be the key factor
Stock Market Expert believes that quarterly results of some big companies are coming in the coming days. Earning Season is better, but after this, the Karnataka election for the next few days will be an important factor. According to Tina Virmani, Vice President Research, Kotak Securities, there will be ups and downs in some trading sessions. Expensive crude, fall in rupees, movements in bond yield and impact of Karnataka elections will be on the market. But the Karnataka election is an important factor.
Stock Market Expert says that the Karnataka elections are being considered as crucial for political stability and it is being seen in the 2019 general elections. In such a situation, till the time of the policy stability, the investors will get stock specific action. During this time, the market can look like trading at the level of 10450 to 10800. At the same time, if the result is in line with expectations of the market, then the Nifty crosses the 10800 level. After that, it can show a level of 11000 in the next 2 months.
Issued by FII
After April, all the trading sessions in May were sold by foreign investors. So far foreign investors have withdrawn Rs 2302 crores in May. At the same time, foreign investors have been sold by Rs. 9620 crores in April. Experts believe that foreign investors are expected to return to the market only after the results come in the results. At the same time, the fear of selling by FIIs in the coming days cannot be ruled out.
According to Stock Market Expert, the research head of Geojit Financial Services, the rising prices of the crude, acceleration in the dollar, movements in bond yield and geopolitical tension are still there. The impact of which will appear on the market. But the main concern of foreign investors to withdraw money from the market is the worry. At the same time, the market is also cautious about the Karnataka elections. Stock specific actions can be seen from the fourth quarter results.
This factor is also important
-VIX: The volatility index on the Nifty has been at the level of 13.7 below 14 levels for the last few days. Experts agree that there is enough space to reach the voltage index. In this case, there will be market views on the index. If the index goes up above 14 then fluctuations can be increased.
-The government will release industrial output data on Friday. Growth in industrial production has been above 7 percent for 4 consecutive months, in which such data coming for the month of March will be significant.
-Crew prices remain at $ 74.90 per barrel. At the same time, crude level of 75.17 touched last week. In such a situation, any upside movement in the crude can weaken sentiment.
Get 2 Days Free Trading Tips By our Stock Market Expert
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