This week is going to be the most important week of the year for the stock market. Finance Minister Nirmala Sitharaman will present the budget on February 1, on which the entire country is keeping an eye. Apart from the budget, this week the US Federal Reserve (FOMC) meeting on interest rates, third quarter (Q3) results of big companies and auto sales figures for the month of January will also be released. There was a huge fall in the Indian market last week, in which the Sensex fell by 2,033 points and the Nifty fell by 646 points. In such a situation, investors will keep an eye on these big factors which will decide the next direction of the market… 1. Union Budget: Market will open on Sunday also, Finance Minister Nirmala Sitharaman will present the budget on 1 February. This time the budget is expected to provide tax relief to the middle class and increase in expenditure on infrastructure. The special thing is that since the budget is on Sunday, NSE and BSE have decided to hold a special trading session on this day. 2. Decision of the US Federal Reserve: There will be a meeting of the US Federal Reserve on 27 and 28 January. The market expects that there will be no change in interest rates this time, but what are the indications for the future. Investors will keep an eye on this. If the Fed Chairman hints at reducing rates in future, it will be positive for the Indian market. 3. Sales figures of auto companies: On February 1 itself, the country’s big auto companies like Maruti Suzuki, Tata Motors and Mahindra & Mahindra will release their sales reports for the month of January. Sales figures of electric vehicles will decide the movement of auto sector shares. 4. Third quarter results of companies: This week more than 500 companies will present their quarterly results. These include big companies like L&T, Maruti Suzuki, Sun Pharma, Tata Motors, Titan and Adani Ports. Companies’ profits and management’s commentary will affect market sentiment. 5. Selling by foreign investors: Foreign institutional investors have made huge withdrawals from the Indian market in the month of January. Due to the strength of the dollar index and improvement in the Chinese market, foreign investors are withdrawing money from India. If there are investor-friendly announcements in the budget, this selling may stop. 6. Crude Oil Prices and Rupee Brent crude prices currently remain around $80. Crude oil continues to fluctuate due to tensions in the Middle East and the Red Sea crisis. At the same time, the Indian rupee had fallen to a record low of 92 last week. Its move will have a direct impact on the shares of petroleum companies. 7. Manufacturing and Service PMI Data: PMI data for India’s manufacturing and service sector will come at the end of the week. This data will tell at what speed the country’s economy is growing. These figures have been quite strong for the last few months, which are good signs for the Indian economy. There was a decline in the market on Friday. Earlier, there was a decline in the stock market on Friday i.e. 23rd January. The Sensex closed at 81,538 with a fall of 770 points. At the same time, Nifty also fell by about 241 points, it closed at 25,048.
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Expectation of rise in stock market this week: Budget, Fed meeting and auto sales figures will come on February 1; These factors will decide the movement of the market
