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Trading sentiment in the stock market this week will be largely guided by the domestic GDP data announcement, crude oil prices, and the US non-farm payrolls report, analysts said. Besides, macroeconomic data announcements, auto sales numbers and trading activity of foreign investors would also guide movement in the market going ahead, they added. "The coming week is expected to remain highly eventful, with domestic GDP data and global economic releases likely to determine market direction. India's Q1 FY27 GDP data will be released on August 31. Investors will also monitor India's August manufacturing and services PMI readings, GST collections, foreign exchange reserves and movement in the rupee," Ajit Mishra SVP, Research, Religare Broking Ltd, said. US employment data will remain the most important trigger, with the August non-farm payrolls report scheduled for September 4, he said. "The outcome could significantly influence expectations regarding the Federal Reserve's September
Crude oil prices and developments in the US-Iran conflict will remain the primary factors influencing stock market movements this week, according to analysts. "Investors will closely monitor the Jackson Hole symposium, particularly comments from the US Federal Reserve Chairman, for indications on the future trajectory of interest rates. US GDP estimates, durable goods orders and consumer confidence will also provide important clues on the strength of the US economy and the Fed's policy outlook," Ajit Mishra SVP, Research, Religare Broking Ltd, said. On the domestic front, investors will track rupee movement, foreign institutional flows and domestic liquidity conditions, he added. "Global markets head into the coming week with investor attention centred on three key themes: the Federal Reserve's policy trajectory, Nvidia's quarterly results and the unresolved US-Iran conflict. "Against a backdrop of volatile long-dated Treasury yields, Fed Chair Kevin Warsh's address at the Jackson
Asian shares advanced Thursday, tracking Wall Street gains, and South Korea's benchmark Kospi jumped more than 6 per cent. US futures edged higher after the Treasury Department said it would at least double the size of planned purchases of longer-term government debt. That could ease pressure on share prices emanating from the bond market since the purchases would push bond prices higher, helping to bring down yields. The Kospi surged 6.1 per cent to 6,858.91 after sinking 5.8 per cent on Wednesday on renewed selling of shares related to artificial intelligence. Samsung Electronics jumped 9.7 per cent, while memory chipmaker SK Hynix surged 14.1 per cent after the company announced a significant share buyback plan. Japan's Nikkei 225 gained 1.3 per cent to 66,178.26, reversing declines earlier in the week. Japan reported it logged a trade deficit for a third straight month in July, as both imports and exports hit record highs. Shares of OpenAI investor SoftBank Group, a Japanese