Mumbai: As Indian markets tools up for a data-heavy week, mavens say that the route of the inventory marketplace will in large part rely on the USA Federal Reserve’s coverage resolution, March quarter company profits, macroeconomic records, and the geopolitical tensions between India and Pakistan following the April 22 Pahalgam terror assault.
In the previous week, each the Sensex and Nifty rose for the 3rd immediately time, supported via sturdy overseas fund inflows, tough profits from index heavyweights, and hopes of growth within the India-US industry deal.
The benchmark Nifty index received 307.35 issues or 1.28 according to cent to near at 24,346.70, whilst the Sensex jumped 1,289.46 issues or 1.62 according to cent to finish the week at 80,501.99.
However, beneficial properties had been relatively capped because of considerations over geopolitical trends after the fear assault in Jammu and Kashmir’s Pahalgam. Looking forward, traders shall be observing the USA Federal Reserve’s financial coverage assembly scheduled for May 7.
The Fed is broadly anticipated to stay rates of interest unchanged for the 3rd immediately assembly at 4.25 – 4.50 according to cent. Fed Chair Jerome Powell had previous indicated two fee cuts in 2025, and in addition warned that US President Donald Trump’s tariff measures may push inflation upper and harm employment.
Back house, the profits season continues with key corporations corresponding to Mahindra and Mahindra, Coal India, Titan, Coforge, and Dr Reddy’s Labs set to unencumber their This fall effects. On the commercial entrance, marketplace watchers will monitor the HSBC Composite PMI and Services PMI Final records for additional cues at the nation’s expansion momentum.
Foreign traders have became bullish on Indian equities. In the week finishing May 2, overseas institutional traders (FIIs) purchased shares price just about Rs 7,680 crore within the money marketplace. This marks a vital reversal in pattern, as FIIs had offered stocks price over Rs 1.29 lakh crore within the first 3 months of 2025.
Meanwhile, home institutional traders (DIIs) additionally supported the marketplace with Rs 9,269 crore price of investments.