From The Hindu Business Line: 2024-04-28 02:18:53

Major factors influencing the domestic equity market this week include corporate earnings, US Fed interest rate decision, and global trends. Trading activity of foreign investors, oil prices, and rupee-dollar trend are also significant. Last week, BSE benchmark rose by 0.87% and NSE Nifty climbed by 1.23%. Major corporate earnings announcements include Tata Chemicals, Central Bank of India, and IOC. Monthly auto sales figures and voting phase will also impact market dynamics. Market momentum is expected to resume with a focus on stock-specific action. Global factors like US Fed policy and non-farm payroll data will dictate market trends. Domestic markets will be closed on Wednesday for Maharashtra Day.



Read more at The Hindu Business Line: Corporate earnings, US Fed interest rate decision to drive markets in holiday-shortened week: Analysts