All-round selling is being seen in the Indian stock market. Investors suffered a huge loss of Rs 15.77 lakh crore last week due to heavy selling in the market. This has created an atmosphere of fear among lakhs of investors. In such a situation, how will the market move from next week i.e. from Monday? Will the downtrend in the market continue or will the market bounce back and return to the bullish path.
Market experts say that the global sentiment is not good. In such a situation, there is no hope of a boom in the market. Let us tell you that last week the Sensex lost 1,492.52 points or 2.43 percent, while the Nifty declined 462.20 points or 2.52 percent.
Volatility will increase in the stock market
Ajit Mishra, vice-president (technical research), Religare Broking Ltd., said the scheduled derivatives expiry of December month contracts will keep participants busy. Apart from this, the increase in the cases of Kovid infection will increase the instability. Next week, investors will also keep an eye on the movement of rupee, Brent crude oil and foreign investors.
Shrikant Chauhan, Head of Equity Research (Retail), Kotak Securities Ltd, said, “Global equity markets will be affected by the increase in Kovid infection in China and the possibility of recession.” Geojit Financial Services Head of Research Vinod Nair said that the volatility in the market It is expected to remain bullish as investors are keeping an eye on rising cases of COVID-19 in China. techonefive.com easybuzz.info worldnewsday.info dress-market.com travelsguide.org
The market once again shocked by the Corona epidemic
According to analysts, global trends and the situation of the Kovid epidemic in China will decide the course of the stock markets this week. Apart from this, volatility may persist amid completion of futures deals on Thursday. According to analysts, investor sentiment remained weak last week amid rising cases of Covid-19 infection in China and some other countries.
Besides, strong US growth data gave room for the Federal Reserve to continue with its accommodative stance. Because of this also there was weakness in the market. If the cases of corona increase rapidly in other countries of the world other than China, then the situation can get worse.
