Buy or sell: Dharmesh Shah of ICICI Securities recommends these two stocks to buy this week

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Stock Market News: After an extended weekend, this week will see a number of noteworthy events for the domestic equities market, with the budget taking centre stage. Experts note that the finance minister's hint of a low-key, vote-on-account budget, however, points to a lack of big decisions.

The US Federal Reserve's policies, budget, and earnings will all keep investors and market participants on high alert. According to Santosh Meena, Head of Research at Swastika Investmart Ltd, given their significant net sales in the Indian equities market this month over ₹35,000 crore, foreign institutional investor (FIIs) activity continues to be a focus point.

Global variables, such as changes in US bond yields, the dollar index, and crude oil prices, as well as geopolitical happenings, will also have an impact on the market in addition to domestic ones. Also Read: Week Ahead: Interim Budget 2024, US Fed Policy, Q3 results, auto sales among key market triggers this week Nifty 50 and Sensex saw a spike in trading and volatility during the previous truncated trading week, which resulted in a second straight week of losses mostly due to weakness in the banking sector.

While other sectors showed resilience, profit booking impacted a number of midcap and smallcap stocks. The Nifty 50 ended 101 points, or 0.47%, lower at 21,352.60, and the Sensex ended 360 points, or 0.51%, lower at 70,319.04.