The last few months have been very bad for stock market investors. Investors have suffered losses of thousands of crores due to the continuous fall in the market. But now the situation is showing signs of getting better. Market experts say that the market will now return to the boom. Therefore, investors should now avoid taking losses in haste. Let’s know why market experts are saying that the market is returning to the boom.
These triggers for the market:
1. Budget
2. Income Tax Cut
3. Valuation of the stock correctedby the fall
4. Many mid and small caps have good quarterly results.
5. BJP’s comeback in Delhi election
6. Sluggishness in QIPs and IPOs
7. FII sell-off slows down
Activities of foreign investors will be monitored:
Experts say that the direction of the stock markets will also be determined by inflation and other macroeconomic data coming this week. The activities of foreign investors will affect the market. Also, the quarterly results of companies and the rupee-dollar trend will also be important for the market. Puneet Singhania, Director, MasterTrust Group, said, “This week will be eventful for Indian and overseas markets. Important macroeconomic data and quarterly results of companies are due during the week. Inflation, industrial production data and quarterly results of major companies will influence the market direction. Singhania said that on Wednesday, the US inflation data for January will be keenly watched. He said India’s inflation and industrial production data will be released on February 12.
GDP figures will come:
He said that Britain’s gross domestic product (GDP) growth figures will come on Thursday. On Friday, the US retail sales data for the month of January will come. He said that the quarterly results of companies will also be important for the market. During the week, Eicher Motors, Grasim Industries, Vodafone Idea, Steel Authority of India will announce their quarterly results. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said market sentiment is gradually improving on the back of a good budget and the monetary policy committee (MPC) cut in the repo rate. The BJP’s victory in the Delhi Assembly elections will have a positive impact on market sentiment in the short term.
