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The move of the stock market will be decided by the quarterly results and global signals of the companies

Stock Market Update: The volatility in the stock market may continue for the next week as well. If you have a plan to invest money in the market next week, then before that know how the move of Sensex and Nifty can be… The results are going to come, which can give direction to the market.

Global signals will also have an effect
Apart from this, the direction of the stock markets will be decided this week by the macroeconomic data. Expressing this opinion, the market expert said that apart from this, the global trend will also be important from the market point of view.

There will be business in the market only 3 days a week
There will be fewer trading days in the stock markets this week. The market will remain closed on Thursday on Mahavir Jayanti and Dr. Babasaheb Ambedkar Jayanti. The market will remain closed on Friday on the occasion of ‘Good Friday’.

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Quarterly results to be released
Ajit Mishra, Vice President – Research, Religare Broking said, “This week will be less trading session but it is important as the announcement of quarterly results starts this week. The quarterly results of TCS and Infosys will come during the week.

IIP data will come on April 12
Apart from this, the market participants will also keep an eye on the inflation data based on Industrial Production (IIP) and Consumer Price Index, Mishra said. These figures will come on 12 April. “Apart from domestic factors, investors will also be watching developments related to the Russia-Ukraine war and the performance of global markets.”

Rupee fluctuations will also have an effect
Along with this, the market will also get direction from rupee fluctuations, investment trend of foreign investors and crude oil prices.

TCS results will come on April 11
Santosh Meena, Head of Research, Swastika Investmart said, “The quarterly results season will begin with IT companies like TCS and Infosys. The quarterly results of TCS will come on April 11 and that of Infosys on April 13. Apart from this, global cues, volatility of crude oil prices, flow of investment from foreign portfolio investors will also play an important role in giving direction to the market.

Sensex slips 170 points
Last week, the 30-share Sensex of BSE has come down 170.49 points or 0.28 per cent. At the same time, the Nifty of the National Stock Exchange has lost 113.90 points or 0.64 percent.

Know what is the opinion of experts?
Yesha Shah, Head of Equity Research, Samco Securities, said, “Inflation data and quarterly results will be central to this week, where global investors will be influenced by inflation data from the US and China. At the same time, in India too, inflation data based on the Consumer Price Index will be important from the point of view of giving direction to the market.

Inflation figures will come
Vinod Nair, Head of Research, Geojit Financial Services, said that going forward, all eyes will be on the quarterly results season. These will start with the IT and banking sectors. Apart from this, the market will have to wait for key domestic economic data, Nair said. Inflation data for March will come during the week. Apart from this, the figures of industrial production and manufacturing production will also come this week.


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