शेयर बाजार में इस हफ्ते तेजी का अनुमान: FOMC मिनट्स से लेकर FII-DII फ्लो तक; यह फैक्टर्स तय करेंगे बाजार की चाल

The stock market may see a rise this week. The market will keep an eye on FOMC minutes, Jackson Hole Symposium, global economic data, domestic economic data, FII-DII flow and upcoming IPOs.

Factors that will determine the market movement this week…

1. FOMC Minutes
Next week, all eyes will be on the minutes of the Federal Open Market Committee and the speech of US Fed Chairman Jerome Powell at the Jackson Hole Economic Symposium organized by the Kansas City branch of the Federal Reserve on August 23.

Global central bankers attending the annual meeting will be watching Powell’s speech to know the Fed’s outlook on monetary policy and an updated assessment of US economic development.

Moreover, this event is happening before the Federal Reserve’s September policy meeting. There is a lot of hope that the Fed will start a rate cut cycle in this upcoming meeting.

Federal Reserve Chairman Jerome Powell.

2. Global economic data
In addition to the FOMC minutes and Powell’s speech, weekly jobs data and new home sales data in the US and July inflation data in Europe and Japan will also be watched next week. In addition, market participants will also look at August manufacturing and service PMI data from several major economies.

3. Domestic economic data
Talking about domestic economic data, the market will focus on HSBC manufacturing and service PMI flash data for August, which will be released on August 22. The manufacturing PMI for July stood at 58.1, while the service PMI was at 60.3.

Besides, data on bank loan and deposit growth for the 15-day period ended August 9 as well as foreign exchange reserves for the week ended August 16 will be released on August 23.

4. FII-DII flow
The market will also keep an eye on the activities of Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII). FIIs remain net sellers in the cash segment of the Indian equity markets. At the same time, DII investments have completely compensated for that outflow.

FIIs sold shares worth Rs 8,616 crore last week, taking the total outflow in the current month to Rs 28,977 crore. However, DIIs bought shares worth Rs 10,560 crore for the week and Rs 34,060 crore for the month of August.

5. Initial Public Offering (IPO)
There are 7 new IPOs coming next week, out of which 2 are from the mainboard segment. In the mainboard segment, the IPO of Interarch Building Products Limited will open on August 19 and the IPO of Orient Technologies will open on August 21.

In the SME segment, the IPO of Forcas Studio and Brace Port Logistics will open on August 19. The IPO of Ideal Technoplast Industries and QVC Exports will open on August 21. Apart from this, the IPO of Resourceful Automobile will open on August 22.

Talking about listing, shares of Sunlight Recycling Industries and Positron Energy will be listed on the NSE SME platform on August 20. On the same day, shares of mainboard segment company Saraswati Saree Depot are going to be listed on BSE and NSE. After this, on August 21, shares of Solve Plastic Products will be listed on NSE SME and shares of Broach Lifecare Hospital will be listed on BSE SME.

Last week, the Sensex had gained 731 points
In the last trading week, the Sensex had gained 731 points. On the last trading day i.e. Friday (16 August), the Sensex closed at 80,436 with a gain of 1,330 points i.e. 1.68%. Nifty also gained about 400 points (1.65%) and closed at 24,541.