What Factors Will Drive the Indian Stock Market This Week?
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Synopsis
This week, the Indian stock market is poised for significant movements driven by key economic indicators. With releases on auto sales, PMI data, and FII activities, investors are keenly watching for insights into market trends and global influences.
Key Takeaways
- Auto sales data will be released on July 1.
- India's PMI figures for Manufacturing and Services are crucial indicators.
- FIIs have returned as net buyers, investing over Rs 4,423 crore.
- Declining crude oil prices are supporting market stability.
- Sector performance shows strength in Nifty Metal, Commodities, and Infra.
Mumbai, June 29 (NationPress) Major elements such as auto sales data, PMI statistics, Foreign Institutional Investor (FII) movements, and international economic updates are anticipated to influence the Indian stock market in the upcoming week.
As per Bajaj Broking Research, several key economic releases are set to occur between June 30 and July 4 in both India and the United States.
On June 30, India will unveil its industrial production data for May, providing critical insights into the nation's manufacturing performance.
Additionally, the current account data for Q1 is also slated for announcement on the same day.
On July 1, S&P Global will issue India’s Manufacturing PMI for June, alongside monthly sales figures from auto manufacturers.
Following this, on July 3, S&P Global will share the Services PMI, offering a comprehensive overview of the country's economic dynamics.
On a global scale, important data from the US, including Manufacturing PMI, jobless claims, non-farm payrolls, and unemployment statistics, are expected next week.
These metrics could have a substantial impact on international markets. Meanwhile, Indian stock indices experienced a robust close last week.
Throughout the week, the Nifty index increased by 525.40 points, or 2.09%, finishing at 25,637.80, while the Sensex climbed 1,650.73 points, or 2%, concluding at 84,058.90.
The broader market mirrored this trend, with the Nifty Midcap 100 index rising 2.40% and the Nifty Smallcap 100 skyrocketing by 4.30%.
Sector-wise, the Nifty Metal index soared by 4.81%, followed closely by Nifty Commodities (4.03%) and Nifty Infra (3.37%) as standout performers.
Market analysts credit this recent surge to the reduction of geopolitical tensions between Iran and Israel and a general improvement in global stability.
FIIs returned as net purchasers last week, investing over Rs 4,423 crore in Indian stocks.
This was bolstered by declining crude oil prices, a stable rupee, and a rising global risk appetite.
Domestic Institutional Investors (DIIs) also emerged as net buyers, acquiring nearly Rs 12,390 crore worth of Indian equities.
Point of View
It is essential to recognize the interplay of various economic factors influencing the stock market. The upcoming data releases will be crucial for investors seeking to navigate market volatility. At Nation, we prioritize providing accurate and timely insights to help our audience make informed decisions.
NationPress
29/06/2025
Frequently Asked Questions
What economic data is expected this week?
Key releases include India's industrial production data for May, current account data for Q1, and PMI statistics for Manufacturing and Services.
How did the Indian stock market perform last week?
The Nifty index rose by 2.09%, while the Sensex climbed by 2%, reflecting a strong performance across the broader market.
What factors are driving the recent market rally?
The rally is attributed to easing geopolitical tensions, falling crude oil prices, and a stable rupee, alongside a return of FII investments.
